Monero (XMR) Price Hit a 3-Year High

by in Cryptocurrency News

Monero XMR

Recent developments of the Monero network resulted in its price surge which reached a 3-year record and now is near to an all-time high set in 2017.

Related: Novogratz announced further growth in crypto market cap

XMR price surged above $424 for the first time since December 2017, when it hit $470. The token ranks 22nd by market cap which stands at around $7.1 billion.

Along with DeFi and NFT boom in 2021, old cryptocurrencies continue to remain attractive. Another token having a significant price increase became Monero (XMR), a privacy-focused cryptocurrency created in 2014. On April 18, the token celebrated its 7th anniversary.

On April 15 Monero launched atomic swaps, the aim of which is to connect separate blockchains and enable direct exchanges between XMR and BTC. Earlier in March Monero partnered with decentralized liquidity protocol THORChain and launched the Haven DEX to include Monero. Besides, Monero Gui and CLI were upgraded. The number of Monero miners reached a record number of 100.000.