Based on Crypto.News, analyst Kevin Svenson has projected that Monero (XMR) could experience an 80%+ price increase by mid-2026, driven by a two-year parabolic uptrend and strong developer activity. According to Svenson, Monero is approaching its previous all-time high and may break out to new peak levels by July 2026. Santiment data shows Monero ranks sixth among privacy coins in recent GitHub development activity, indicating sustained protocol engagement. The analyst’s bullish outlook contrasts with the current sluggishness in the broader crypto market, with no consensus yet on his price target.
Monero Analyst Predicts 80%+ Rally by Mid-2026 Amid Parabolic Trend
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Summary
Monero is in a bullish trend, with analyst Kevin Svenson forecasting an 80%+ market rally by mid-2026. The projection is based on a two-year parabolic uptrend and rising developer activity. Monero is nearing its previous high and could hit new peaks by July 2026. Santiment data ranks Monero sixth in privacy coin GitHub activity, showing ongoing protocol development. The bullish trend contrasts with the broader market’s current weakness, though Svenson’s target remains debated.
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