Monero price rises 5.70 percent to 584.55 USD on October 16, 2026
Published on 10/19/2026 at 08:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSPrice movement and privacy testing
- Monero reached a 5.70 percent increase on October 16, 2026.
- FCMP++ testing targeted an anonymity set above 100 million on October 6, 2026.
- The Monero price stands at 584.55 USD as of October 16, 2026, 5.70 percent above the UTC daily close of October 15, 2026.
- The related stressnet fork occurred at block 3,102,800 on October 5, 2026.
- Circulating supply was 18.82 million XMR on October 16, 2026.
Monero (XMR) rises 5.70 percent to 584.55 USD on October 16, 2026. The move is the main market development alongside a dated test-network release for FCMP++, a proposed privacy upgrade that expands the set of possible transaction inputs.
FCMP++ testing targets more than 100 million inputs
On October 6, 2026, TMGM reported the third beta stressnet release for FCMP++ and the CARROT addressing protocol. The report said the testing focused on expanding the anonymity set from 16 decoys to more than 100 million and included work on hot and cold wallet support.
The proposed design also includes support for layer 2 networks, which are secondary systems built to process activity away from a base blockchain. The reported release is a test-network milestone, so the figures describe the development effort rather than a change to every transaction on the live Monero chain.
Stressnet fork reached block 3,102,800
Geekboots reported on October 7, 2026, that the FCMP++ stressnet forked at block 3,102,800 on October 5, 2026. A stressnet is an experimental network used to test software and transaction behavior under conditions that are separate from the main chain.
The same report said the test fork did not affect coins on the main chain and described the existing live network as using ring signatures with 16 members. That distinction matters for holders because a test-network block height is not a live-chain activation point.
Monero price reaches 584.55 USD
The Monero price stands at 584.55 USD as of October 16, 2026, up 5.70 percent compared with the UTC daily close of October 15, 2026, according to Investing.com. The daily high is 607.75 USD and the daily low (UTC day) is 570.57 USD. Market capitalization is 11.00 billion USD, ranking Monero 12th, while 24-hour volume is 162.20 million USD and circulating supply is 18.82 million XMR.
Monero by the numbers on October 16, 2026
- Cryptocurrency: Monero
- Ticker: XMR
- Price (as of October 16, 2026): 584.55 USD
- Change vs. UTC daily close of October 15, 2026: +5.70 percent
- Daily high / daily low (UTC day): 607.75 USD / 570.57 USD
- Market capitalization: 11.00 billion USD (rank 12)
- 24-hour volume: 162.20 million USD
- Circulating supply: 18.82 million XMR
