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In terms of market capitalization, Monero has surpassed Chainlink, which pushed XMR into the top 10 biggest cryptocurrencies as the two assets move in radically different ways. Based on the market data provided, Monero is estimated to be worth $10.07 billion, just above Chainlink's $9.96 billion capitalization.
Link doesn't fall behind
Chainlink has done well on its own. LINK has increased by nearly 18% in the last seven days and by about 8.7% in the last twenty-four hours. After a swift recovery from the $8–$9 range in August, its daily chart displays a breakout above $13. Monero's journey has been distinct.
Although XMR has dropped by about 1.4% over the last week, it was able to maintain enough market capitalization to surpass LINK due to its much greater rally over the previous month. XMR increased from about $350 in early August to about $570 recently. Despite the most recent consolidation, Monero is still in a strong uptrend technically. XMR is trading well above its 20-day moving average, which is close to $470, and its longer averages, which are between $381 and $414, at roughly $536.
Both assets stay overbought
Although the reading suggests a higher risk of a short-term correction, an RSI around 70 also demonstrates that momentum is still high. In the short term, Chainlink is even more strained.
LINK's 20-day moving average is still around $11.15, but its most recent breakout moved it toward $13.50. Since the RSI has risen above 75, the asset is clearly in overbought territory. The next obvious resistance area is now the $13.50–$14 range.
Monero is therefore far from guaranteed a spot in the top 10. Currently, the difference between XMR and LINK is only about $110 million, or slightly more than 1% of their respective valuations. Given that LINK has significantly outperformed XMR over the last week, even a slight continuation of the current divergence could cause their positions to change.
However, Monero is currently in the lead. The privacy-focused cryptocurrency has returned to the market's highest-capitalization group thanks to its 2025 rally, but LINK is close enough to make the ranking a contest rather than a clear takeover.
Dan Burgin
U.Today Editorial Team
