Monero, launched in 2014, is a privacy-focused blockchain network designed for secure and anonymous digital transactions. More
Fully Diluted Valuation | $5.33B |
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24H Trading Volume | $186.30M |
24H Low / High | $288.82 / $ 320.24 |
Circulating Supply | 18.45M |
Total Supply | 18.45M |
Max Supply | ∞ |
Categories | Privacy 4 more |
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Founder | Anonymous 2 more |
Website | getmonero.org |
Socials | 4 more |
Explorer | Xmrchain 7 more |
Name | Pair | OG Score |
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Monero $XMR emerged in April 2014 as a privacy-focused cryptocurrency. Originally forked from Bytecoin, Monero aimed to resolve inefficiencies in the original blockchain while prioritizing enhanced privacy and decentralization. It is built on the CryptoNote protocol, which serves as the foundation for its anonymity features.
A major milestone was the introduction of Ring Confidential Transactions (RingCT) in 2017, which masked transaction amounts and significantly improved on-chain privacy. Over time, Monero has pioneered innovations in privacy-preserving technologies, establishing itself as a leading digital currency for confidential transactions.
Monero is defined by several privacy-enhancing mechanisms:
Ring Signatures: Obscure the sender’s identity by blending their transaction with a group of possible signers.
Stealth Addresses: Generate one-time wallet addresses to protect recipient privacy.
RingCT: Conceals the amount being transferred, ensuring full transactional anonymity.
The network also employs RandomX, an ASIC-resistant proof-of-work algorithm optimized for CPU mining. This design prevents centralization by allowing everyday users with standard hardware to participate in mining, unlike Bitcoin’s ASIC-dominated landscape.
Monero is widely used by individuals and organizations that prioritize confidentiality. Key applications include:
Private retail payments for businesses that value customer data protection.
E-commerce integrations that allow discreet online purchases.
Humanitarian donations where anonymity is vital for safety in restrictive regions.
Personal financial transactions in jurisdictions with limited privacy protections.
This emphasis on financial autonomy has helped Monero gain traction across diverse communities, from privacy advocates to NGOs.
Monero’s monetary policy includes a dynamic block size mechanism and an adaptive reward model. After reaching its emission cap of 18.4 million XMR, the protocol introduced tail emission, ensuring miners continue to receive a minimum block reward of 0.6 XMR indefinitely.
This guarantees the long-term security of the network by maintaining miner incentives, avoiding risks that other capped-supply cryptocurrencies face when rewards diminish.
Monero has one of the most active open-source communities in cryptocurrency. Development is carried out by independent contributors and privacy advocates, continuously refining its protocol for scalability, resilience, and efficiency.
The community is also active in promoting financial privacy education. While Monero generally avoids formal corporate or governmental partnerships due to its focus on anonymity, it has found alignment with digital rights groups and privacy-focused organizations.
Monero’s emphasis on strong privacy has drawn significant regulatory scrutiny. Authorities in various regions argue that Monero can be used to obscure illicit transactions, complicating anti-money laundering (AML) and counter-terrorism financing (CTF) enforcement.
As a result, major exchanges have delisted or restricted Monero trading due to compliance risks. Notable examples include:
Coinbase: Never listed Monero, citing regulatory uncertainty.
Binance: Delisted Monero in 2024 due to the US Regulatory pressure.
Kraken: Delisted Monero for European users and recently for US, and Ccanadian users due to regulatory requirements.
These delistings reduce liquidity and accessibility, creating challenges for mainstream adoption. However, Monero continues to thrive in decentralized markets and peer-to-peer use cases.
As of 2025, Monero has implemented several upgrades through hard forks, improving transaction speed, lowering fees, and maintaining ASIC resistance via enhancements to RandomX. Developers remain focused on strengthening privacy protections against increasingly advanced blockchain analysis tools.
Monero $XMR is a pioneer in privacy-centric digital assets. Its technological features such as ring signatures, stealth addresses, and RandomX consensus have set standards for anonymity in blockchain. While regulatory pressures and exchange delistings pose challenges, Monero continues to thrive as a symbol of financial privacy and autonomy. Its robust community, innovative tokenomics, and adaptability ensure it remains a significant force in the crypto landscape.
They merge a sender’s transaction signature with a group of potential signers, hiding the true originator and ensuring anonymity.
They generate unique one-time addresses for each transaction, keeping the recipient’s actual wallet address hidden from the blockchain.
RingCT masks transaction amounts, preventing observers from seeing how much XMR is transferred, ensuring full confidentiality.
It is an ASIC-resistant proof-of-work algorithm optimized for CPUs, promoting miner decentralization and reducing centralization risks.
By combining ring signatures, stealth addresses, and RingCT, Monero obscures sender, recipient, and transaction amounts, frustrating forensic attempts.
Tail emission guarantees ongoing miner rewards of 0.6 XMR per block, ensuring the network remains secure indefinitely.
Because Monero’s privacy features complicate compliance with AML and CTF laws, regulators view it as a high-risk asset for potential misuse.
Several major platforms have restricted or delisted Monero, including Binance, and Kraken, while Coinbase has never listed it. These actions reduce liquidity but Monero remains available on decentralized exchanges and peer-to-peer networks.
It enables confidential donations in politically sensitive regions, protecting both donors and recipients from surveillance or retaliation.
Monero sets itself apart with default anonymity and innovative features like Ring Signatures and Stealth Addresses, ensuring private, untraceable transactions.
Monero was created by seven developers, with five remaining anonymous. Its origins trace back to a 2014 fork from Bytecoin.
Monero's development is community-driven, and it has not disclosed specific backers or investors.
Monero (XMR) utilizes a proof-of-work (PoW) consensus mechanism to secure its network and validate transactions.
You can buy Monero (XMR) on MEXC, Kraken, KuCoinHTXBitMart cryptocurrency exchanges.