Monero (XMR) Price Surges – Here’s Why the Privacy Coin Is Breaking Out

Monero price is on the move today. The privacy coin is up around 5% and trading near $301.46, making it one of the market’s top gainers

Volume has jumped more than 37%, with firm buying demand. Let’s take a look at what’s powering the rally and where the price can go from here.

Why Monero Price Is Moving

Yesterday, Monero faced its deepest-ever chain reorganization, an 18-block rollback that rewrote about 36 minutes of blockchain history and invalidated around 117 transactions. Security experts like SlowMist cautioned about possible double-spend attacks.

The network, however, stabilized quickly, and exchanges like Kraken returned withdrawal support within 24 hours. That quick comeback helped restore market confidence and brought buyers back.

ICYMI: Monero ( $XMR) just suffered its deepest-ever chain reorg today. 18-block rollback ~36 minutes of history rewritten 118 confirmed transactions invalidatedA major stress event for the privacy-focused blockchain. pic.twitter.com/GJpXTDgZ3f

— CryptosRus (@CryptosR_Us) September 15, 2025

Back in mid-August, mining pool Qubic briefly controlled close to 51% of XMR’s hashrate, sparking fears of a 51% attack and triggering a sharp price drop

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The Monero community reacted fast, shifting hash power to decentralized pools like P2Pool. Qubic’s share has now fallen to around 35%, easing those concerns and giving traders more confidence in the network’s security.

There’s also progress on the technology side. Developer Justin Berman recently proposed FCMP++, a major privacy upgrade that would replace ring signatures with quantum-resistant proofs. This keeps Monero’s privacy edge sharp and future-proofs it against emerging threats. With altcoin season heating up, these upgrades add to the bullish story.

What the Monero Chart Is Showing

The 4H chart is flashing strength. XMR price has cleanly broken a long downtrend line that capped prices for months and has bounced hard from the $270–$280 demand zone.

The big target is close to $400–$420, about 50% above current levels. The Relative Strength Index (RSI) is above 70, which is normally indicative of overbought. But during strong breakouts like this one, a high RSI can simply confirm intense buying pressure.

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Image Source: TradingView.com Monero Short-Term Outlook

As long as XMR price holds above $280, today’s breakout could extend in the days ahead. Traders are watching the $400 area as the next big milestone

With quick recovery from the chain reorg, reduced mining risks, and ongoing privacy upgrades, Monero has a solid narrative to keep climbing in the short term.

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