Privacy coins are making waves again. Monero just smashed through $596 as a new all-time high—that's a 24% jump within 24 hours and a hefty 40% climb over the past week. What's driving this? Investors are rotating hard into privacy-focused assets as the sector gains fresh momentum.

The move signals renewed appetite for anonymity-centric cryptocurrencies. Whether it's regulatory concerns, macro conditions, or simply sector rotation, capital is clearly flowing toward privacy plays. Monero's performance stands out as a reminder that certain niches can move with serious conviction when conditions align.