🚀 Monero (XMR) Smashes New All-Time High Despite UAE Privacy Coin Ban

Monero is stealing the spotlight. $XMR

XMR
XMRUSDT
722.82
+0.67%

surged 44% in just 7 days, printing a fresh all-time high — even as the UAE moved to ban privacy-focused cryptocurrencies.

Instead of slowing down, Monero flipped the narrative and outperformed the entire crypto market 🔥

🔐 Why is $XMR pumping? • Monero reclaimed its crown as the largest privacy coin, overtaking Zcash by market cap

• Privacy-focused assets have outperformed the broader market for 3 consecutive months

• A clear accumulation phase before the breakout signaled smart-money positioning

📉 Meanwhile, Zcash (ZEC):

ZEC struggled after its core development team exited amid governance disputes, triggering a sharp ~15% single-day drop.

📊 Technical Outlook:

$XMR has broken above a multi-year resistance, a level that capped price action since the previous cycle.

Momentum indicators now mirror past expansion phases, suggesting the trend could continue as long as price holds above the breakout zone.

🧠 Market Insight:

Santiment data shows rising momentum, though traders should monitor social metrics for overheating.

Analysts highlight growing global demand for financial privacy as a major macro theme heading into 2026.

🥈 Veteran trader Peter Brandt compared Monero’s structure to a historic silver breakout, hinting this move may still be in its early stages.

Even at record highs, XMR dominance remains below previous cycle peaks, leaving room for further upside.

🔥 Is this the beginning of a long-term privacy coin supercycle?

👇 What’s your take?

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