Monero Hits 2025 High at $353 as Mining and Demand Surge Amid Exchange Limits

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21.05.2025 184 times read 6 Comments Read out

Monero (XMR) Reaches New High for 2025 as Demand Returns

Monero (XMR) has continued its expansion since early May, following a notable incident where assets, specifically BTC, were exchanged after an exploit. The asset traded above $350, sparking hopes for a larger rally towards four-digit prices. According to Cryptopolitan, XMR reached a new high for 2025, climbing to $353.71 after weeks of gradual growth. This price level has not been seen since 2021, fueling expectations for an even more active appreciation cycle.

Despite being delisted from mainstream exchanges, Monero maintains its influence as a privately mined coin. The majority of XMR trading activity is concentrated on Kucoin and HTX, with more than 50% of volumes occurring on these platforms. Kraken also saw significant activity, with the busiest XMR/ETH pair expanding its volume by over 1,621%. On the smaller exchange Bitrue, XMR activity surged by 10,000% in an otherwise low-liquidity pair. However, the available liquidity for XMR remains limited, which could pose challenges for a sustained bull market.

Exchange Volume Increase
Kucoin & HTX Over 50% of total XMR volume
Kraken (XMR/ETH pair) +1,621%
Bitrue +10,000%

Monero’s privacy features continue to set it apart, with the asset remaining largely banned from US and EU brokers and exchanges due to its anonymous origins and untraceable wallets. Some market participants are also using a tokenized version of Monero, and the asset is considered difficult to trace. Exchanges may face challenges with XMR withdrawals and reserves if real demand for the coin rises.

The Monero mining sector has also seen significant growth. Since April 2024, Monero mining has more than doubled its all-time high, with the network hashrate growing exponentially in the past month. Miners currently produce only 432 XMR per day, a figure comparable to BTC mining rewards. This scarcity is compounded by the fact that exchanges hold insignificant balances, making XMR most accessible to miners and potentially causing real scarcity for buyers. Monero supports both CPU and GPU mining, offering easier access compared to ASIC mining.

  • XMR price reached $353.71, the highest in 12 months and since 2021.
  • Over 50% of trading volume is on Kucoin and HTX.
  • Kraken’s XMR/ETH pair volume increased by 1,621%.
  • Bitrue saw a 10,000% surge in XMR activity.
  • Monero mining output is 432 XMR per day.
  • Network hashrate more than doubled since April 2024.
"The Monero mining is since April 2024 an all-time high more than doubled. The network hashrate grew exponentially in the past month, showing a trend as a source for newly mined privacy coins returning to the network." – Cryptopolitan

In summary, Monero (XMR) has demonstrated strong price performance and mining activity in 2025, driven by renewed demand and its unique privacy features. However, limited liquidity and regulatory restrictions continue to shape its market dynamics.

Key Takeaways
  • XMR reached $353.71, a new 2025 high.
  • Trading volumes are concentrated on a few exchanges, with significant surges in activity.
  • Mining activity and network hashrate have more than doubled since April 2024.
  • Scarcity and privacy features continue to define Monero’s market position.

Source: Cryptopolitan

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Not sure if anyone else noticed, but the spike on Bitrue (+10,000%?!) just shows how crazy things get once XMR gets even a little bit of attention. I'm not really surprised though, considering how hard it is to get Monero these days, at least if you're trying to stay on the "legal" side of things with US/EU exchanges.

I do wonder, with all this mining ramping up and the hashrate doubling, how many regular folks are actually jumping in, since you can still mine XMR on normal computers (for now). That’s actually pretty cool and gives people at least a shot at getting some coins without needing a massive investment. But yeah, the fact that exchanges themselves hardly have any Monero to go around – that's gotta be fueling the price too, not just demand from buyers but literal lack of supply.

Always feels a bit like a cat and mouse game with privacy coins tbh. Regulators try to push them out, exchanges get nervous or delist, then bam – surges like this happen and you kinda see how much underground demand there is. Personally, I respect what Monero is trying to do, even though I'm not sure it’ll ever be truly mainstream unless something big shifts with regulation. Still, gotta hand it to the devs and the community, they keep it running and don't seem to care about being left out by the "big boys" like Coinbase etc.

Maybe the restricted access and mining-friendly design is actually what makes Monero interesting in the first place. All in all, gonna keep watching this one.
Wait so, if monero can only get mined 432 times every day how isnt the price going waay wayy higher? Seems like if there aint any supply left on the big exchanges all coins would get stuck then. Also is tokenised monero even the same, i thot when u wrap a coin it stops beeing private?? Not geting why kraken gets so much more action now tbh.
I keep seeing people focus on price or the privacy angle (which is totally valid), but the thing that really jumps out to me from this article is the tokenized Monero bit. Nobody in the comments really touched on how there are actually "wrapped" or tokenized versions of XMR floating around, which honestly just blows my mind. Like, isn’t the core idea of Monero that it’s private and tough to trace? Putting it on some other chain seems kinda counterintuitive, but then again, I guess folks are desperate to trade it wherever they can at this point.

Also, not to sound like a mining nerd, but the stat about 432 XMR per day coming out of mining is wild when you compare it to how little is actually sitting on exchanges. That level of scarcity is even more nuts when you consider only a small handful of places are actually letting you get any kind of decent liquidity at all. And with exchanges facing "challenges" with withdrawals and reserves (the article hints at it but it’s a bigger deal than most people realise imo) – that just seems like a recipe for more volatility and some weird price moves down the line.

I’m kinda fascinated by how this "liquidity crunch" idea lines up with the network’s hashrate literally exploding. Like, who are all these new miners? Are they just regular folks with a gaming rig, or are big mining operations moving in now that GPUs aren’t as in demand for other coins? Either way, if the new coins are getting scooped up right away, it’s going to stay thin on the market.

One thing I hardly ever see mentioned is what happens if one of these few major exchanges runs into trouble or decides to delist XMR like others have done. If 50% of all volume is happening on two places, that’s kind of a scary concentration tbh. Makes me wonder how sustainable this rally is or if we’re just setting up for another rollercoaster.

But honestly, that’s what keeps Monero interesting – it always feels like you’re watching something experimental, a bit outside the crypto mainstream. If they ever actually figured out a way to safely get real liquidity without losing the privacy aspect, then I’d be a lot more bullish long term. For now, though, I’m just enjoying the show.
okay so i read this and yeah wow monero with $353 is higher than EVEr, but why so much about Kucoin and htx, like no ones even talking about those before now?? its always binacne and coinbase that ppl like more cause easy sign up, i mean Kucoin sounds liek some washed up place, not that i ever tried, LOL. Crazy tho more than half all trades on those two, i thought xmr would be all over. And bitrue, who even uses bitrue, is it legit or one of those rug ones where u cant even withdraw after?? 10k% sounds like those dog memes like shib. One thing i dont get is why more mining = more price, isnt it the opposit? Like if u got more miners then you get more coins and then price should be less right? or maybe here is less coins lol because exchanges dont wanna hold??? I saw also that thing about tokenized xmr, whats that, is it like wrappd monero on eth, but if so dosent it kill the whole private part cause eth is public??? Bruh its too much loopholes, maybe thats why i just buy cheap meme coins instead haha. Scarcity inflames price but only if ppl actualy want monero, do they??? Everyones still mad its not on big exchanges, feels like u need secret handshake u know what i mean, only OGs no how to get it. Not sure if i could ever even mine xmr on my dying laptop, someone said only works for new gpus? But then article said cpu? idk. Maybe one day big news and it pumps to $1k and i will wish id paid more atenton but for now just gonna watch from sidelines.
Gotta say, I totally overlooked that Monero has only 432 coins mined a day now—no wonder it’s tough to get some, especially since the big exchanges shy away and most people seem to be trading XMR on just a couple smaller platforms.
idk how that many XMR are actualy going to buyers if the exchanges got no coins left, and maybe its posible some token version gets counted as real Monero trading but its all confusseing tbh, do they even realy have those?
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