A popular cryptocurrency analyst believes that privacy-focused altcoins are headed to all-time highs even as the broader market loses steam.
Analyst and trader Kevin Svensson He tells His 163,500 followers on X that Monero (XMR) is poised for a price explosion that could lead to a more than 80% increase in its current value during the second half of 2026.
“XMR has quietly built a two-year parabolic trend – now approaching all-time highs. Narrative: Privacy. Play: Monero. If you’re bored with the cryptocurrency market, you’re simply not in the right position. The best opportunities are disappearing in plain sight.”
Looking at its chart, analysts suggest that XMR could reach the $760 level around July 2026 as it… Forms “Best chart in crypto.”
Monero Rows is among the top 10 privacy coins in terms of recent development activity, according to new research by analytics firm Santiment.
Santiment points out in a new post on
Development activity centered around a crypto project indicates that developers believe in the protocol.
Monero is trading for $421 at the time of writing, down 1.8% over the past 24 hours. With a market capitalization of $7.8 billion, XMR is the second largest cryptocurrency project.
 
Disclaimer: The opinions expressed in The Daily Hodl are not investment advice. Investors should conduct due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please note that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the purchase or sale of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Generated image: mid-flight
