Remember the FUD? The Binance delisting announcement on February 6, 2024, which officially took effect on February 20, 2024 (with withdrawals open until May 20, 2024)? Many in the crypto community wrote off Monero (XMR), the champion of privacy-focused cryptocurrencies, after this move. Yet, fast forward to today, May 20, 2025, and the whispers have turned into a resounding roar on as XMR stages a remarkable surge against the US Dollar Tether ($USDT).
Checkout Delisting Announcement (
here) 👈
My own recent experience is a testament to this incredible resilience. Just a few weeks ago, a client paid for advertising on my Telegram channel with 0.1152 XMR, which was equivalent to 25 USDT when I transferred it to my Binance account. Today, for the same amount of XMR (0.1152 XMR), I received a staggering 39 USDT! This isn't just a minor fluctuation; it's a significant testament to Monero's newfound strength.
The Burning Question: Why Was XMR Delisted, Yet It's Thriving?
This remarkable price action sparks a critical question for all of us in the crypto space: Why did Binance delist Monero when its underlying value proposition and market performance, as evidenced by its surge against USDT, seem stronger than ever?
While Binance cited reasons like not meeting "listing standards" and concerns over "unethical or fraudulent conduct" (likely referring to the privacy features that complicate regulatory oversight), the market seems to be telling a different story.
Here's what appears to be driving Monero's impressive comeback:
Unwavering Demand for Privacy: In an increasingly monitored digital landscape, the fundamental need for financial privacy is only growing. Monero offers unparalleled anonymity, and users are willing to seek it out on other platforms, driving demand.Decentralization and Resilience Beyond Centralized Exchanges: The delisting, while a short-term blow, proved Monero's network is robust and capable of thriving independently. This resilience reinforces its true decentralized nature.
Real-World Utility: Monero's privacy features continue to find crucial use cases where anonymity is paramount, solidifying its utility beyond speculative trading.
Scarcity and Community Conviction: The perceived scarcity post-delisting, combined with a highly dedicated and fervent community, has likely contributed to sustained buying pressure.
Market Sentiment Shift: The current positive sentiment on Binance Square, with users actively discussing XMR's performance and privacy features, is a powerful indicator of renewed interest and belief in the coin.
Monero's journey post-Binance delisting is a powerful and intriguing case study. It highlights the enduring importance of privacy in the digital age and challenges the notion that centralized exchange listings are the sole determinant of a cryptocurrency's long-term success. The market's reaction to XMR, particularly its impressive climb against $USDT, forces us to reconsider the rationale behind its delisting.
What are your thoughts on Monero's incredible comeback and the apparent disconnect between its delisting and current market performance? Share your insights and theories in the comments below.
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