Monero Price Today
The current price of Monero (XMR) is $317.44 (as of July 2025). Key price movements include:
- 24-hour change: -1.07%
- 1-hour change: +0.84%
- 7-day change: +0.47%
- 30-day change: -7.83%
Market Update
- 24-hour trading volume: $101,999,066
- Price range: $310.46 (low) to $323.54 (high)
- All-time high: $542.33 (January 9, 2018)
- All-time low: $0.216177 (January 14, 2015)
Market Ranking & Capitalization
- Rank: #30
- Market cap: $5,855,884,198
- Fully diluted valuation: $5,855,884,198
Supply Overview
- Circulating supply: 18,446,744 XMR
- Total supply: 18,446,744 XMR
Historical Performance
- 1-year change: +86.86%
- 200-day change: +47.04%
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About Monero (XMR)
What Is Monero?
Monero (XMR) is a privacy-focused cryptocurrency that uses advanced protocols to obscure transaction details, including sender/receiver addresses and amounts. Built on the CryptoNote protocol (2013), Monero prioritizes anonymity, making it a favorite among privacy advocates.
History of Monero
- Launched: April 2014 as a fork of BitMonero.
- Founders: 7 developers, including Riccardo Spagni (resigned in 2019) and David Latapie.
- Key Event: Emission rate halved to 0.3 XMR/minute after reaching 18 million supply in 2022.
How Monero Works
Privacy Mechanisms
- Ring Signatures: Mixes transactions with others to obscure the sender.
- Stealth Addresses: Generates one-time addresses for receivers.
- RingCT: Hides transaction amounts.
Supply Control
- No hard cap; emission rate adjusts every 4 years to curb inflation.
Monero’s Unique Features
Privacy & Security
- Untraceable transactions: Unlike Bitcoin, Monero’s ledger hides all details.
- ASIC-resistant mining: Uses RandomX algorithm to favor CPUs over specialized hardware.
Where to Buy Monero (XMR)
- Centralized Exchanges: Binance, Kraken (subject to regional restrictions).
- Decentralized Exchanges: Bisq (for anonymous trading).
Mining Monero
- Algorithm: RandomX (CPU-friendly).
- Options: Solo mining or join a pool (lower rewards but consistent payouts).
FAQs
How to Buy Monero Anonymously?
Use decentralized exchanges like Bisq to avoid KYC checks.
Where Can I Spend Monero?
Accepted for web hosting, domain purchases, and select e-commerce platforms.
How to Convert Bitcoin to Monero?
Trade BTC/XMR pairs on exchanges like Binance or decentralized platforms.
Data updated minute-by-minute for accuracy. Monero’s privacy features and emission controls make it a standout in the crypto market.