Monero (XMR) is showing no signs of slowing down after hitting new all-time high. The privacy-focused cryptocurrency has breached the $640 mark for the first time in its history, hitting a new peak of $649 earlier today, Jan. 13, 2026. According to CoinGecko, XMR’s price has rallied 14.4% in the last 24 hours, 43.5% in the last week, 49.7% in the 14-day charts, and 53.9% over the previous month. The asset’s price has also surged by a whopping 225% since January 2025. The coin is currently one of the best-performing cryptocurrencies. Other assets, including heavyweights like Bitcoin (BTC) and Ethereum (ETH), are struggling to gain momentum. XMR is currently the 15th-largest crypto project by market cap, with a valuation of $11.79 billion.
Will Monero Continue Hitting New All-Time Highs, Or Will It Face A Big Price Dip?
Monero (XMR) entered a bullish phase in late 2025. The asset registered big gains while other assets were seeing price corrections. XMR’s 2025 rally came amid a surge in other privacy-focused coins as well. However, XMR’s latest price rally is likely due to the ongoing concerns at ZCash (ZEC). ZEC’s core development team, Electric Coin Company (ECC), recently quite en masse after a period of internal conflict. The development may have pulled investors out of ZEC, and pushed them into XMR. Investors may have also fallen prey to FOMO (Fear Of Missing Out), leading to increased inflows.
Given the larger bear market, there is a chance that Monero (XMR) will face a price correction soon. Moreover, FOMO may die out and inflows may dip. Investors could begin to book profits, leading to further price corrections. XMR’s rally is quite anomalous, and could see a sharp decline at any moment.
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However, considering Monero’s (XMR) divergent performance during the late 2025 market crash, there is also a possibility that the asset will continue to surge over the coming days. How things pan out is yet to be seen.