Monero (XMR) climbed 3.70% over the past 24 hours to trade at $434.08, continuing a broad upswing that has gathered momentum over recent weeks. The move added to a 5.76% gain recorded over the prior seven days.
The month-long performance has been notably stronger, with XMR advancing 22.28% over the past 30 days. The asset's market capitalization stood at $8.5 billion as of August 23, 2026.
Monero is a proof-of-work cryptocurrency designed with privacy features that obscure sender, recipient, and transaction amount details by default. It operates on an independent blockchain separate from Bitcoin and Ethereum.
The latest price action reflects sustained buying pressure across multiple timeframes, with the 30-day return representing the most significant stretch of appreciation in the measured period.
