Monero price stays near USD 598.892 as THORChain tests await

Published on 11/10/2026 at 07:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Monero price remains close to USD 599 while THORChain prepares the next steps for native XMR testing. The integration is technically advanced, but swaps have not yet been activated.

Monero integration reaches testing stage

THORChain has completed development work for Monero support in version v3.21.1, but XMR swaps are not yet active.
Node operators must complete a churn and generate a new private key before a small mainnet test pool can open.
The Investing.com page read for this report displayed Monero at USD 598.892, with a market capitalization of USD 11.25 billion and 24-hour volume of USD 110.33 million.

Monero, XCCRYPTOXMR7, Illustration mit AI erstellt.

Monero price remains close to USD 599 as a planned THORChain integration moves toward testing without yet enabling native XMR swaps. The development is relevant for market access, but the next operational steps remain unresolved.

Development work is complete

TokenPost reported on November 8 that THORChain had completed development work for Monero support in version v3.21.1. The report said this advances the project toward mainnet testing, but does not activate XMR swaps.

Node churn remains the next step

Before testing can begin, THORChain node operators must complete a churn, or node rotation, and generate a new private key. According to TokenPost, the network could then open a small mainnet pool with a few hundred dollars for test trades. Developer Chad Barraford estimated on November 5 that resuming the rotation could take at least one week and possibly two, with issues involving Solana and Base delaying the process.

The initial test pool should not be treated as a full liquidity launch. TokenPost reported that the decision on larger liquidity commitments is separate and remains with the node operators. There is therefore no confirmed timetable in the cited report for broader native XMR trading through THORChain.

Price and market context

The Investing.com XMR/USD page read for this report displayed a price of USD 598.892. The same page listed a 24-hour range of USD 595.015 to USD 604.170, a 52-week range of USD 277.507 to USD 798.868, market capitalization of USD 11.25 billion, 24-hour volume of USD 110.33 million and a market ranking of 11. It also showed 18.83 million XMR in circulation.

Because the available page does not provide a verified UTC closing basis for the preceding day, no daily percentage comparison is assigned here. The Monero price should consequently be read as a point-in-time market snapshot rather than as evidence of a confirmed reaction to the THORChain update.

What investors should monitor

The immediate milestones are the next node churn, private-key generation and the opening of the limited test pool. Until those steps are completed, the integration remains a technical development rather than an active source of additional swap liquidity. Monero's official project website describes XMR as a private, decentralized cryptocurrency, while the THORChain work concerns access and interoperability rather than a change to Monero's core protocol.

Further Monero coverage is available on the Monero topic page.