Monero Breaks $500 as Zcash Turmoil and Privacy Narrative Fuel Rally
Monero surpassed US$500 for the first time since 2021, marking a 20% weekly increase and nearing its previous all-time high of US$517.50. Investor interest is fueled by increased regulatory scrutiny and positive outlooks from firms like Grayscale and Coinbase, who view privacy coins as a major emerging market theme. Capital is shifting from Zcash to…