What is Monero?

Monero (XMR) is a privacy-focused, open-source cryptocurrency. It distinguishes itself from Bitcoin and other cryptocurrencies through its use of Ring Confidential Transactions (RingCT), Stealth Addresses, and Kovri – technologies designed to obscure transaction details, making it exceptionally difficult to trace the sender, receiver, or amount transacted. This focus on privacy is a core tenet of the Monero project.

Current Monero Price & Market Data

As of today, November 4, 2025, Monero is trading around $339.56 ー $342.31 USD. The 24-hour trading volume is substantial, currently at approximately $226,412,422 USD, indicating strong market activity. Recent data shows a price change of approximately 1.83% in the last 24 hours, with fluctuations between a high of around $323.47 and a low of $301.92 (based on recent historical data from October 2025).

Monero currently holds a market rank of 33, demonstrating its established position within the cryptocurrency landscape.

Monero Price History: A Look Back

Understanding Monero’s price history is crucial for potential investors. Here’s a brief overview:

Historical Highs and Lows

  • All-Time High: $542.33
  • All-Time Low: $0.2162

Currently, Monero is trading approximately 36.24% below its all-time high, but a significant 159.86K above its all-time low.

Recent Price Data (August ー October 2025)

Date Open High Low Close
Oct 21, 2025 309.33 317.61 301.92 305.05
Oct 20, 2025 315.56 323.47 308.76 310.05
Oct 17, 2025 290.388 300.795 301.968 281.827
Oct 16, 2025 300.795 317.152 321.168 297.702
Aug 07, 2025 285.41 287.59
Aug 06, 2025 291.88 295.59
Aug 05, 2025 306.00 306.00
Aug 04, 2025 303.44 314.40

The Monero price chart provides historical price values and exchange rate values for the last 6 months. Analyzing these trends can help identify potential trading opportunities.

Where to Exchange Monero (XMR)

Several cryptocurrency exchanges support the trading of Monero. Some popular options include:

  • Kraken: A well-established exchange with a good reputation for security.
  • Binance: One of the largest cryptocurrency exchanges globally, offering a wide range of trading pairs.
  • Poloniex: An exchange known for its support of privacy coins like Monero.
  • Bitfinex: Another popular exchange with advanced trading features.

Important Note: Always research an exchange thoroughly before depositing funds. Consider factors like security measures, trading fees, liquidity, and regulatory compliance.

Factors Influencing Monero’s Price

Several factors can influence the price of Monero:

  • Privacy Concerns: Increased demand for privacy can drive up the price of Monero.
  • Regulatory Developments: Government regulations regarding cryptocurrencies can significantly impact Monero’s price.
  • Market Sentiment: Overall market trends and investor sentiment play a role.
  • Technological Advancements: Improvements to Monero’s technology can boost confidence and increase demand.
  • Adoption Rate: Wider adoption of Monero for transactions can positively affect its price.

Risks Associated with Monero Trading

Like all cryptocurrencies, Monero trading carries inherent risks:

  • Volatility: Monero’s price can fluctuate significantly in short periods.
  • Security Risks: Cryptocurrency exchanges are potential targets for hackers.
  • Regulatory Uncertainty: Changing regulations can impact the value of Monero.
  • Complexity: Understanding the technology behind Monero can be challenging.