Monero, a personal blockchain network and token token, has made it possible for users to have safe and personal transactions, surge more than 50% in April 28, 2025, and maintained a new price peak by early May.
According to Crypto Twitter’s On-chain Investigator and Zachxbt, the rapid reason may be due to encryption theft.
Surge dropped from $ 300 before Monero (XMR) jumped from $ 229 to $ 317. According to the investigator, the price jump was caused by the transfer of 3520 Bitcoin.
XMR prices increase due to Bitcoin raids.
Monero has surged more than 50% stolen from investor wallets due to suspicious amounts of $ 3520 Bitcoin, $ 337 million on April 28.
The thief moved to six or more exchanges before replacing the stolen bitcoin to Monero (XMR), so that the price of tokens soared.
Using Monero’s network can hide the transaction from a public point of view. The network, which began in 2014, was the first blockchain for personal transactions in the industry, known as public ledger and exposed transactions.
XMR has been challenged in the past in the past, and some exchanges and countries have called for tokens to be banned or excluded from the exchange due to the potential use of bad actors to support money laundering.
According to the survey, theft was not carried out by a group of North Korean screws, and the “OG” Bitcoin holder was a victim for a long time, and the US $ 330 million BTC holders may have been socially designed and exploited.
Personal information protection blockchain network is gaining popularity
Personal Information Protection Network received new attention as Cardano’s midnight, Hashgraph ‘S HashSphere and Defi Network DUSK were formed in the market.
Private networks have been wanted in the industry, which is famous for the public trade that everyone can see for many years in Crypto World.
Unlike Monero, HashSphere and Midnight offer permissions, regulations, and personal networks for large companies and institutions who prefer to not disclose large -scale funds.
HashSphere uses Stablecoins to enable individual border transactions for institutions and large -scale investors, while Cardano’s MIDNIGHT will be an ADA’s personal layer 2 network for investors who want a private transaction.
Due to the rigidity of Cardano, midnight can be used in institutions. DUSK Network is a priority network for personal information protection for institutions and companies that want to bring real assets to chain or global transactions.