Monero price meets THORChain progress, but mainnet testing remains pending

The Monero price was listed at 598.892 USD in an Investing.com snapshot read at 06:38:11 Berlin time on November 9, 2026. The page showed XMR/USD in real time, a 24-hour volume of 110.33 million USD, a market capitalization of 11.25 billion USD and a rank of 11. Those figures are a market snapshot rather than a verified UTC day-over-day performance comparison.

THORChain moves closer to testing

The latest project-related development concerns THORChain's planned support for Monero. According to TokenPost, development work for THORChain version 3.21.1 has been completed. That advances the integration, but it does not activate XMR swaps.

Before a small mainnet pool can be opened for test trades, THORChain node operators must complete a node rotation and generate a new private key. The report said that the timing could take at least one week and possibly two, based on an estimate from developer Chad Barraford on November 5. Issues involving Solana and Base were described as holding up the process.

Execution remains the key variable

For investors, the distinction between completed software work and an activated service is important. The planned pool would initially contain only a few hundred dollars for test trades, while any later decision on substantial liquidity would be separate. TokenPost also reported that the larger liquidity decision remained subject to the node operators' assessment.

This leaves the near-term investment case balanced between technical progress and execution risk. THORChain support could broaden the ways in which XMR is exchanged across networks if testing succeeds, but the currently verified milestone is development completion, not live mainnet functionality. The Monero project describes XMR as a private, decentralized cryptocurrency, making interoperability developments relevant to its stated use case.

Market context for XMR

The Monero price snapshot also showed a daily range of 595.015 to 604.170 USD and a 52-week range of 277.507 to 798.868 USD. Because the checked data did not provide the verified UTC close for November 8, no UTC daily percentage change is assigned here. The current level therefore offers context, but not a standalone signal about the effect of the THORChain update.

Further developments to watch are the node rotation, private-key generation and the launch of the limited test pool. More Monero coverage is available on the Monero topic page.