Monero has a year of solid performance against Bitcoin

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By TP

In general, Altcoins tend to deprecate against Bitcoin (BTC). Anyway, in the long term, the price of Monero (XMR) has fallen against BTC. Monero (XMR), the largest privacy -centered cryptocurrency in the market, is showing solid performance against Bitcoin (BTC) in the last year. Although, in the long term, The XMR quote measured in Bitcoin has fallenthe fortress that is currently showing is a remarkable fact.

XMR price measured in BTC throughout history. Source: TrainingView. As seen in the following tradingview graph, at the beginning of 2024, the price of XMR measured in BTC fell significantly but then bounced and now remains at the level of 0.0020 and 0.0025 BTC.

XMR price measured in BTC from January 2024 to February 5, 2025. Source: TrainingView. In general, although the price of many altcoins increases in terms of Fíat money, Its BTC value tends to decrease over time.

This occurs because the currency created by Satoshi Nakamoto has a supply set at 21 million, whose broadcast is reduced every 4 years, an event known as halving. In this way, It differs from the fiat money that is constantly devalued by the monetary policies of the central banks.

Despite these structural differences, XMR remains firm and gives rise to the following approach: What happens to Monero so that its price does not fall against BTC?

As Cryptonoticias has reported, the Monero Network Development Team He continues to work to include complete chain membership tests (FCMP ++), an improvement that will increase anonymity.

Currently, Monero's anonymity set includes 16 false outputs for each transaction. That is, each transaction mixes with another 15 to hide the real output. However, with the inclusion of FCMP ++, the number will expand to 100 million, which will significantly reduce the possibilities of identifying and tracking transactions. This proposal seeks to reinforce privacy in Monero, offering greater protection to users.

Another issue to keep in mind is that Monero hashrate is at maximum historical levels as a result of the introduction of more powerful and efficient CPU miners that have begun to operate since last year.

Likewise, the laws that are promoting the governments of different countries to regulate the cryptocurrency market must not be set aside. This can be seen as a price catalyst for those who want to go unnoticed at the controls of the states.

To mention a case, the European Union (EU) introduced the Mica Law to regulate the space of cryptocurrencies in an integral way. One of the most discussed points by the Bitcoiner community is the impact that this regulation can have on user privacy, in fact, Cryptocurrency addresses are expected to be tracked to identify people involved in an operation.

An article by Forbes magazine highlights that the Monero Network is currently the only heir to the ideals of the Cypherpunk, facing challenges such as the exclusion of the exchanges because «Bitcoin has gone from being a subversive instrument to becoming an institutionalized financial asset.» For example, in October 2024, Kraken announced that from 2025, XMR will cease to be available for European clients in compliance with the Mica Law.

However, despite these inconveniences, Forbes points out that the asset «has shown a remarkable resilience» and points out: «Monero demonstrates that the original dream of Cypherpunks, as a tool for financial privacy and freedom against institutional control, continues lively».