Monero (XMR) price is down 21.5% over the past 30 days and sits nearly 60% below its all-time high of $797.73, which it reached on January 14, 2026. In the past 24 hours, the coin has pushed back up to around $326, gaining more than 2% on the day. The question now is whether this is the beginning of a genuine recovery or just a short-lived bounce in an otherwise weak trend. Two developments are driving the current price action: Cake Wallet’s integration of XMR support into FOUNDATION’s Passport Prime hardware wallet, and security engineer Taylor Hornby’s announcement that he is adding Monero to his audit queue.
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