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#数字资产市场动态 The privacy coin track suddenly exploded!
Monero XMR broke through the $700 barrier last night and then climbed to $712, with no signs of retracement. The market heat was instantly ignited.
What is the real driving force behind this surge? The global crypto tax framework CARF was officially enforced in multiple countries this month. As a result, the demand for large anonymous transfers skyrocketed, and the privacy track surprisingly saw institutional-level hedging demand — the first of its kind.
CARF essentially adopts the traditional financial CRS rules directly into the crypto space. Exchanges and service providers are required to report user transaction data. In short, the transparency of crypto transactions has skyrocketed. High-net-worth individuals can no longer sit still — the demand for asset privacy protection has surged.
Why has XMR become so popular? Because its privacy technology is truly hardcore — with ring signatures, stealth addresses, and other black tech, transactions are completely anonymous with no backdoors. Under the tightening regulatory environment, XMR has become a digital safe haven for high-net-worth individuals. The entire privacy track has thus shifted from niche speculation to a value-driven track based on genuine demand.