Monero (XMR) price has experienced a five-week rally, reaching levels last seen in April 2022. The surge in price was influenced by a US court ruling in favor of Tornado Cash (TORN), a popular crypto mixer accused of facilitating money laundering. This ruling has had a positive impact on other privacy-focused coins like Monero, Dash, and ZCash. As a result, there is a possibility that some mainstream exchanges will relist Monero, leading to an increase in price and hash rate. Monero's privacy features, including ring signatures and stealth addresses, make it attractive to investors. The weekly chart suggests that Monero has been in an accumulation phase and may experience a significant increase in price, potentially reaching $300 and even the all-time high of $515.



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