Monero Hits Record High as Privacy Tokens Rally
Monero (XMR) surged to a new record on Sunday, sparking a broader uptick in privacy-focused tokens and smaller-cap altcoins. Zcash (ZEC), Dash (DASH) and Solana (SOL) showed notable gains as traders rotated capital into assets outside Bitcoin, which remained range-bound and unable to set a clear directional lead.
The rally highlights renewed investor appetite for privacy features and higher-risk altcoin exposure, possibly driven by shifting narratives and short-term flow dynamics. Investors should note that liquidity in these names can be thin and regulatory scrutiny of privacy tools remains a potential headwind, so volatility may persist; monitoring order books, on-chain activity, and policy headlines will be key for those participating in the move.