NewsBinance Square

Privacy Coin Sees Steady Monero Transaction Activity

Monero transaction activity stayed strong in 2024–2025 despite exchange delistings, with ransomware groups still favoring XMR payments.

  • Monero transaction activity remained stable above pre-2022 levels.
  • Delistings from major exchanges did not significantly impact usage.
  • Ransomware groups prefer XMR, but most settlements end in BTC.

A new report from blockchain intelligence firm TRM Labs highlights the resilience of Monero transaction activity over the past two years. Despite regulatory pressure and delistings from major exchanges such as Binance and Coinbase, onchain usage of the privacy-focused cryptocurrency has remained broadly stable throughout 2024 and early 2025.

Interestingly, the data shows that Monero transaction activity continues to stay above levels seen before 2022. This suggests that while centralized platforms may have restricted access to the asset, users have found alternative methods to transact. Peer-to-peer trading, decentralized exchanges, and direct wallet transfers appear to be helping sustain network activity.

Privacy coins like Monero are designed to obscure transaction details, making them appealing to users who prioritize confidentiality. Even with growing scrutiny from regulators worldwide, demand for private transactions has not faded.

Ransomware’s Continued Preference

The report also points out that ransomware groups still prefer receiving payments in Monero (XMR). The reason is simple: Monero’s built-in privacy features make it harder to trace payments compared to transparent blockchains.

However, there is an important distinction. While attackers may request ransom payments in Monero, most real-world ransom settlements are ultimately completed in Bitcoin (BTC). This may be due to liquidity factors, easier access to Bitcoin, or the complexity involved in acquiring large amounts of Monero quickly.

Bitcoin remains the most widely recognized and traded cryptocurrency, which often makes it more practical for large transactions despite its transparent ledger.

What This Means for the Market

The steady Monero transaction activity signals that privacy-focused assets still hold a firm place in the crypto ecosystem. Exchange delistings may affect retail accessibility, but they do not necessarily eliminate demand.

For investors and analysts, this trend underscores an important lesson: onchain data can tell a very different story from headlines about regulatory crackdowns. Monero’s network continues to function actively, reflecting consistent user interest.

As regulatory discussions evolve, privacy coins may face further scrutiny. Yet for now, Monero transaction activity remains resilient, proving that user demand for privacy in crypto transactions is far from disappearing.

Read Also :

Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.

Aurelien Sage

Aurelien Sage is a blockchain enthusiast and writer, crafting insightful articles on decentralized technologies, Web3, and the future of finance. His work simplifies complex concepts, empowering readers to navigate the evolving crypto landscape with confidence.

Related Articles

Back to top button