Monero overtakes Litecoin and Toncoin, enters top 25 crypto assets by market cap

Privacy-focused cryptocurrency Monero (XMR) has surpassed Litecoin (LTC) and Toncoin (TON) in market capitalization, hitting $7.5 billion, ahead of TON ($7.48B) and LTC ($7.35B), according to Coingecko.

XMR’s price has surged over 100% this year to above $400 — its highest level since early 2021. The rally is fueled by optimism over an upcoming privacy upgrade and rumors of relisting on major exchanges like Coinbase.

Meanwhile, LTC has dropped 6% this year to below $100, and TON has fallen 25% despite its deep integration with Telegram’s ecosystem.