A Monero thesis -
> Px has just recorded its highest monthly + weekly close in its entire 12.5 year trading history
> | Hanami
A Monero thesis -
> Px has just recorded its highest monthly + weekly close in its entire 12.5 year trading history
> Primary beneficiary of the recent FinCEN/Treasury regulatory shift, removing a major overhang + therefore increasing the prospect of incoming US CEX listings
> Privacy-by-default narrative has been gaining significant momentum:
1. Ethereum Foundation (Oct 2): Official guidance signals a shift toward privacy by default, rather than requiring users to opt in
2. Bitquery (Oct 10): Traced funds linked to the Ledger hack through Zcash’s shielded pool using transaction patterns. The cryptography wasn’t broken, but practical privacy limitations were exposed
3. Arkham (Oct 15): Labelled over $420B in Zcash volume and more than half of Zcash transactions, highlighting the limitations of optional privacy
> THORChain/XMR integration is now imminent, unlocking permissionless native liquidity against major assets. Significant distribution catalyst for a heavily underlisted privacy blue chip
> FCMP++/ Carrot upgrade approaching (now 73% complete). Monero’s biggest privacy architecture upgrade in yrs
Quoted @peach_1340: A privacy blue chip w incoming catalysts on track for its highest weekly close in 12.5 years, amid broad altcoin weakness https://x.com/bigcheds/status/2111665826118201409