{"id":4884,"date":"2025-04-28T14:17:00","date_gmt":"2025-04-28T13:17:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=4884"},"modified":"2025-04-28T14:13:44","modified_gmt":"2025-04-28T13:13:44","slug":"monero-xmr-price-50-surge-trigger","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/monero-xmr-price-50-surge-trigger\/","title":{"rendered":"Monero (XMR) Price Soars 50% : What Triggered the Surge ?"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"the-spectacular-surge-of-monero-what-happened\"><strong>The Spectacular Surge of Monero : What Happened ?<\/strong><\/h2>\n\n\n\n<p>The <strong>cryptocurrency market<\/strong> is experiencing a hectic day this Monday. Privacy-focused <a href=\"https:\/\/preprod.investx.fr\/en\/crypto-investing\/\">cryptocurrency<\/a> <strong>Monero (XMR)<\/strong> has surged by <strong>40%<\/strong> in just 24 hours, while <strong>XRP<\/strong> is leading the way among major cryptos with an increase of nearly <strong>7%<\/strong>. These spectacular movements come at a time when <a href=\"https:\/\/preprod.investx.fr\/en\/crypto-investing\/buy\/bitcoin\/\">Bitcoin<\/a> is holding above <strong>$94,000.<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">\ud83d\udcc8 <a href=\"https:\/\/twitter.com\/hashtag\/Monero?src=hash&amp;ref_src=twsrc%5Etfw\">#Monero<\/a> Hits 61.8% Fib Target<a href=\"https:\/\/twitter.com\/search?q=%24XMR&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$XMR<\/a> strong breakout into the 61.8% Fib Ret area $357 from where price is now pulling back ideally looking for another higher low in the coming weeks.<br><br>  <a href=\"https:\/\/twitter.com\/hashtag\/ElliottWave?src=hash&amp;ref_src=twsrc%5Etfw\">#ElliottWave<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Trading?src=hash&amp;ref_src=twsrc%5Etfw\">#Trading<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Crypto?src=hash&amp;ref_src=twsrc%5Etfw\">#Crypto<\/a> <a href=\"https:\/\/t.co\/0ccxqyT1Sx\">https:\/\/t.co\/0ccxqyT1Sx<\/a> <a href=\"https:\/\/t.co\/9QkJHj4BLO\">pic.twitter.com\/9QkJHj4BLO<\/a><\/p>&mdash; AlienOvichO (@AlienOvichO) <a href=\"https:\/\/twitter.com\/AlienOvichO\/status\/1916776945066426434?ref_src=twsrc%5Etfw\">April 28, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p><strong>Monero<\/strong>, a crypto known for its advanced privacy features, saw a meteoric rise of <strong>40%<\/strong> to reach <strong>$371<\/strong>. This level had not been seen since May 2021, almost four years ago. Prior to this surge, XMR was <a href=\"https:\/\/preprod.investx.fr\/en\/trading\/crypto\/\">trading<\/a> around <strong>$264<\/strong>.<\/p>\n\n\n\n<p>For beginners, <strong>Monero<\/strong> is a cryptocurrency that stands out for its ability to make transactions completely <strong>private<\/strong> and <strong>untraceable<\/strong>, unlike Bitcoin whose transactions are visible on the blockchain. This characteristic makes it an asset particularly desirable for those who value financial privacy.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"trading-volume-quadrupled-in-24-hours\"><strong>Trading Volume Quadrupled in 24 Hours<\/strong><\/h2>\n\n\n\n<p>One of the most striking indicators of this surge is the explosion in <strong><a href=\"https:\/\/preprod.investx.fr\/en\/trading\/\">trading<\/a> volumes<\/strong> for XMR. They have surged from an average of <strong>$50 million<\/strong> on a weekly basis to over <strong>$220 million<\/strong> in the last 24 hours.<\/p>\n\n\n\n<figure class=\"wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">2 Billion Dollars added into Monero XMR in the last few hours.<br><br>What are the secret services financing? <a href=\"https:\/\/t.co\/alca8gYY2V\">pic.twitter.com\/alca8gYY2V<\/a><\/p>&mdash; Dacian Romulus (@dacianromulus) <a href=\"https:\/\/twitter.com\/dacianromulus\/status\/1916748864922505302?ref_src=twsrc%5Etfw\">April 28, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>To understand the significance of this data, note that the <strong>trading volume<\/strong> represents the total amount of a cryptocurrency traded over a given period. Such a drastic increase generally signals a sudden and massive <strong>interest<\/strong> in an asset, which can amplify price movements both upwards and downwards.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"a-possible-exploit-behind-this-surge\"><strong>A Possible Exploit Behind This Surge ?<\/strong><\/h2>\n\n\n\n<p>This sudden surge may not be random. According to blockchain researcher <strong>ZachXBT<\/strong>, this behavior could be linked to a potential <strong>exploit<\/strong>. He identified a &#8220;suspicious transfer&#8221; of <strong>3,520 BTC,<\/strong> equivalent to about <strong>$330.7 million<\/strong>, which was then converted into Monero.<\/p>\n\n\n\n<figure class=\"wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Nine hours ago a suspicious transfer was made from a potential victim for 3520 BTC ($330.7M)<br><br>Theft address<br>bc1qcrypchnrdx87jnal5e5m849fw460t4gk7vz55g<br><br>Shortly after the funds began to be laundered via 6+ instant exchanges and was swapped for XMR causing the XMR price to spike\u2026<\/p>&mdash; ZachXBT (@zachxbt) <a href=\"https:\/\/twitter.com\/zachxbt\/status\/1916756932763046273?ref_src=twsrc%5Etfw\">April 28, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>An <strong>exploit<\/strong> in crypto jargon usually refers to a security vulnerability exploited in a protocol or platform. If this theory is confirmed, the sudden influx of demand for Monero, a cryptocurrency with relatively limited liquidity, would explain the spectacular surge in its price. Moreover, the CMF indicates an outflow of capital just after the pump.&nbsp;<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/preprod.investx.fr\/en\/wp-content\/uploads\/sites\/5\/2025\/04\/TP_XMR_USDT-KUCOIN_charlesledoux_28-04-2025-1024x576-1.jpg\" alt=\"Monero XMR price in 3 hours\" class=\"wp-image-4890\" srcset=\"https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/04\/TP_XMR_USDT-KUCOIN_charlesledoux_28-04-2025-1024x576-1.jpg 1024w, https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/04\/TP_XMR_USDT-KUCOIN_charlesledoux_28-04-2025-1024x576-1-300x169.jpg 300w, https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/04\/TP_XMR_USDT-KUCOIN_charlesledoux_28-04-2025-1024x576-1-768x432.jpg 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div>\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"xrp-leads-gains-among-major-cryptocurrencies\"><strong>XRP Leads Gains Among Major Cryptocurrencies<\/strong><\/h2>\n\n\n\n<p>Alongside the surge of Monero, <strong><a href=\"https:\/\/preprod.investx.fr\/en\/crypto-investing\/buy\/ripple-xrp\">XRP<\/a><\/strong> stood out among major cryptocurrencies with a rise of nearly <strong>7%.<\/strong> This increase is directly linked to the approval by the SEC (Securities and Exchange Commission) of three <strong>ProShares ETFs<\/strong> based on XRP.<\/p>\n\n\n\n<p>An <strong>ETF<\/strong> (Exchange-Traded Fund) is a financial product that tracks the price of an asset and can be bought or sold like a regular stock. The three forthcoming XRP-based products are expected to launch on <strong>April 30th,<\/strong> providing traditional investors with exposure to this cryptocurrency without having to buy it directly.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"other-major-cryptocurrencies-also-on-the-rise\"><strong>Other Major Cryptocurrencies Also on the Rise<\/strong><\/h2>\n\n\n\n<p>The overall <strong>crypto market<\/strong> is showing a positive trend. <strong>Cardano (ADA)<\/strong> has surged by over 3%, while <strong>BNB<\/strong> has added 1% to its value. <strong><a href=\"https:\/\/preprod.investx.fr\/en\/crypto-investing\/buy\/ethereum\/\">Ethereum<\/a> (ETH)<\/strong> has remained relatively stable.<\/p>\n\n\n\n<p><strong>Bitcoin<\/strong>, the industry benchmark, is trading above $94,000 with a 0.7% increase over 24 hours. The <strong>CoinDesk 20 index<\/strong>, which tracks the performance of the top 20 major cryptocurrencies, has risen by <strong>2.2%<\/strong> in the European morning.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"key-takeaways-from-these-market-movements\"><strong>Key Takeaways from these Market Movements<\/strong><\/h2>\n\n\n\n<p>This eventful day in the <strong>cryptocurrency market<\/strong> illustrates the volatility and opportunities that characterize this sector. The spectacular surge of Monero, potentially linked to an exploit, highlights the importance of <strong>vigilance<\/strong>.<\/p>\n\n\n\n<p>The approval of XRP ETFs marks a new stage in integrating crypto-assets into the traditional financial system. As the market continues to evolve, one question arises: are these movements the precursor to a new phase of massive adoption of cryptocurrencies or simply transient fluctuations in an ever-evolving market?<\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/preprod.investx.fr\/go-bitget\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Buy XMR on Bitget and get a bonus !<\/a><\/div>\n<\/div>\n\n\n\n<p><strong>More on this topic :<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/preprod.investx.fr\/en\/crypto-news\/sui-5-2025-grayscale-gaming-70-surge\/\">Will SUI Reach $5 in 2025 ? Grayscale and Gaming Fuel 70% Surge<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/preprod.investx.fr\/en\/crypto-news\/deep-token-100-surge-mystery-one-day-crypto\/\">Unveiling the Mystery Behind DEEP Token\u2019s 100% Surge in Just 24 Hours<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/preprod.investx.fr\/en\/crypto-news\/why-bitcoin-btc-new-ath-may\/\">Why Bitcoin (BTC) Could Reach a New ATH in May<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The Monero surge: what caused it? Cryptocurrency market sees a volatile day. Privacy-focused cryptocurrency Monero (XMR) soared 40% in just 24 hours&#8230;<\/p>\n","protected":false},"author":32,"featured_media":4882,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_yoast_wpseo_focuskw":"monero","_yoast_wpseo_title":"Monero (XMR) Price Skyrockets 50%: What Triggered the Surge","_yoast_wpseo_metadesc":"Monero (XMR) price skyrocketed by 50%. Discover the factors that triggered this massive surge and what it means for investors.","footnotes":"","faq_titre":"","questions_frequentes":"","custom_permalink":""},"categories":[11,10],"tags":[],"class_list":["post-4884","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","category-crypto-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Monero (XMR) Price Skyrockets 50%: What Triggered the Surge<\/title>\n<meta name=\"description\" content=\"Monero (XMR) price skyrocketed by 50%. 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