🚀#Monero (XMR) Soars: Investors Choose Privacy

Monero (XMR) shines with an impressive daily increase of 12%, trading at $363. Although the week has brought some losses, the monthly outlook shows a robust gain of 30%.

This surge is attributed to a growing interest in privacy, driven by regulatory concerns in the United States.

The transaction volume of XMR, compared to Bitcoin, has notably climbed, reaching 10.93% of $BTC in May 2025, marking a record in 18 months.

From a technical perspective, XMR seeks to re-enter an upward channel, with key resistance levels at $370 and $400, and supports at $325 and $300. The Relative Strength Index (RSI) at 75 suggests that there is still room for the price of Monero to continue its ascent.