Monero Surpasses Chainlink in Market Capitalization

Monero has surpassed Chainlink in market capitalization, securing a spot among the top 10 cryptocurrencies. The latest figures show Monero's market cap at $10.07 billion, narrowly ahead of Chainlink's $9.96 billion.

Chainlink has seen significant gains, with its price climbing nearly 18% over the last week and posting an 8.7% increase in the last 24 hours. The token rebounded sharply from the $8-$9 band in August and recently broke above $13 on the daily chart.

Monero's price action has been different, with XMR dropping 1.4% in the last week despite its recent surge. The coin rose from approximately $350 in early August to a recent peak near $570, allowing Monero to surpass Chainlink in overall valuation.