Monero
Why Monero is up 1.7% in the last hour
Analysis
Monero (XMR) rose 1.7% over the past hour, likely supported by renewed attention to its upcoming protocol upgrade after Cardano founder Charles Hoskinson publicly praised the “massive” Monero upgrade that’s been years in the making. The positive spotlight may have boosted near-term sentiment and buying interest around XMR.
Contributing Factors (1)
Cardano Founder Praises 'Massive' Monero Upgrade Years in Making
The Cardano founder expressed his admiration for the Monero team for relentlessly building all these years towards the upgrade.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.