Monero Price Surges on Anonymity Upgrade, Sui Stuck Despite Quantum Leap
Monero's recent price surge is attributed to its genuine cryptographic upgrade expanding its anonymity set. The Monero price has reached $395-$405, up a modest 8.4% over the past week.
This move follows Full Chain Membership Proofs, which increases an input's anonymity set from 16 local decoys to over 100 million outputs across the entire blockchain. This is exactly what Monero has built its reputation on.
The resistance zone of $422 needs to be broken for the momentum to continue. If Monero price holds above this level, it could open the door to a genuine trend continuation rather than another round of consolidation.