In the second quarter of 2025, Monero (XMR), a prominent privacy-focused cryptocurrency, experienced a significant 150% surge in just two months, reaching its highest price since June 2021. Despite this impressive rally, the increase in XMR's value did not generate much buzz on social media, with few experts or influencers acknowledging it. This surge highlights a broader trend in the cryptocurrency market: the increasing interest in privacy coins. Monero's market cap surpassed $7.2 billion, propelling it into the top 25 on CoinMarketCap. The rise was fueled by factors such as a spike in Monero's hashrate, indicating growing miner confidence in its future, and a surge in investor interest as evidenced by Google Trends data. The article also discusses Monero's upcoming upgrade, FCMP++, which promises enhanced transaction anonymity and quantum resistance. Despite concerns about illicit activities associated with Monero, the privacy coin sector as a whole has seen significant growth recently, reinforcing the appeal of on-chain privacy solutions. Read more AI-generated news on: https://app.chaingpt.org/news

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