Monero (XMR), launched in 2014, is known for its strong privacy features, using advanced cryptography to ensure transaction anonymity. As of January 18, 2025, XMR is trading at $230.80, up 2.75% from the previous close, with an intraday high of $235.46 and a low of $217.82.
Despite its focus on anonymity, Monero’s adoption has experienced obstacles. In February 2024, Binance delisted XMR owing to non-compliance with platform standards, triggering a large price decline. However, Monero rebounded in late 2024 as digital privacy concerns grew and cryptocurrency adoption increased.
With Monero miners rising from 27,000 to over 37,000 between April 2020 and April 2021, interest in the network has also increased. While regulatory pressures and exchange delistings limit its broader adoption, Monero’s committed community and continuous innovations keep it relevant in the changing cryptocurrency industry.
