Monero Surpasses Chainlink in Market Cap

Monero (XMR) has overtaken Chainlink (LINK) in market capitalization, pushing it into the top 10 biggest cryptocurrencies. According to recent market data, Monero's estimated worth is $10.07 billion, surpassing Chainlink's $9.96 billion capitalization.

While Chainlink has experienced a significant surge of nearly 18% over the last seven days and 8.7% in the last 24 hours, Monero's rally from $350 in early August to around $570 recently has given it enough market capitalization to take the lead.

The RSI for both assets indicates they are in overbought territory, with Chainlink's reading above 75 and Monero's around 70. This suggests a higher risk of short-term correction, but momentum remains high.