Zcash's Rise and BlockDAG's New Listings Pose a Threat to XMR's Dominance Among Privacy Coins

Monero (XMR) is currently undergoing a phase of price consolidation as shifting market conditions and renewed enthusiasm for privacy-centric cryptocurrencies, along with new blockchain integrations, come into play. As a longstanding leader in anonymous digital transactions, XMR now faces increased price swings while contending with emerging competitors such as

(ZEC) and growing speculation about possible exchange listings for BlockDAG (BDAG). Market experts believe XMR could be set for a dramatic 50% price movement, depending on crucial technical thresholds and overall market mood.

According to

, Zcash has recently surpassed XMR in terms of market value, climbing to $6.22 billion after a 14.8% jump within a single day. This development highlights the increasing appetite for privacy coins with robust scalability, especially as Zcash gears up for integration with through light-client solutions. Following the SIMD-0388 upgrade, this integration could facilitate quicker cross-chain transactions and enhance Zcash’s standing in the decentralized finance (DeFi) space, as reported by Coinotag. Meanwhile, Monero now lags by less than $200 million in market cap, raising doubts about its continued leadership among privacy coins.

Further intensifying the situation for XMR are rumors about BlockDAG potentially being listed on major trading platforms such as Coinbase and Kraken. Documents leaked by influencer Crypto Rover indicate that BDAG might launch with trading pairs like BDAG/USDT and BDAG/USD, along with a 300K

liquidity provision for Kraken, as detailed by . Should these listings materialize, they could mark a significant redirection of capital, drawing interest—and possibly investment—away from established privacy tokens like XMR.

From a technical perspective, XMR is currently challenging key support zones, with a fall below $2.43 potentially leading to a revisit of the $2.16–$1.76 range, as noted in reports on the leaked information. The coin remains confined within a descending triangle, squeezed between the 50-day EMA at $2.66 and a rising support base near $2.30. If XMR breaks above $2.72, it could spark a rally toward $3.25, in line with Fibonacci retracement targets and converging trendlines. Nevertheless, bearish sentiment persists, and a decisive drop below support could prolong the downward correction.

The wider cryptocurrency sector has demonstrated strength, with

and bouncing back amid renewed optimism over ETFs. This backdrop could favor XMR if it maintains its support levels, as a greater appetite for risk may encourage accumulation of privacy-oriented coins. Still, the potential impact of BlockDAG’s exchange debuts and Zcash’s technological progress highlights the precariousness of XMR’s current standing.

Traders should keep an eye on both technical signals and broader market trends. While a 50% move for XMR is still on the table, it will depend on holding vital support and adapting to the rapidly changing privacy coin landscape.

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