- Monero rises 44% in just over a week
- Crowd FOMO drives price to new all-time high
- Zcash falls behind in the privacy coin race
Monero (XMR), the leading privacy-focused cryptocurrency, has soared by 44% over the past eight days, reaching a new all-time high. According to on-chain analytics platform Santiment, this massive price rally is largely driven by growing crowd FOMO (fear of missing out), with investors rushing into the market as the token gains momentum.
This sharp surge cements Monero’s position as the dominant privacy coin, overtaking its long-time rival Zcash (ZEC), which has struggled to keep pace. While Zcash once vied for the top spot in the privacy sector, Monero now clearly leads, both in terms of price performance and community activity.
FOMO and Fundamentals Fuel the Rise
The price spike is not just a random pump. Santiment’s data points to elevated social volume and crowd excitement as key indicators of Monero’s current growth. When retail investors and crypto traders spot upward trends in privacy coins, especially during times of increased regulatory scrutiny, interest in untraceable assets like Monero typically surges.
The ongoing emphasis on privacy in the crypto space has worked in Monero’s favor. Unlike Zcash, which offers optional privacy, Monero integrates privacy by default, making it a preferred choice among privacy-focused users.
Zcash Struggles to Keep Up
As Monero celebrates its new all-time high, Zcash is lagging behind. Its price performance has remained relatively flat, and it has failed to generate the same level of buzz. The market appears to be favoring solutions with consistent development, strong community support, and privacy-first design — all areas where Monero has continued to shine.
With regulators increasing surveillance of public blockchains, investors are showing renewed interest in privacy-preserving coins. Monero’s rally may signal a broader trend in the market, as demand for secure, anonymous transactions grows.
