Analyst Kevin Svenson says Monero’s two-year parabolic trend could fuel an 80%+ rally and new all-time highs by mid-2026, backed by strong development activity.
Summary
- Kevin Svenson argues Monero has quietly formed a two-year parabolic uptrend that could drive the privacy coin to new all-time highs around July 2026.
- Santiment data places Monero among the most active privacy projects on GitHub, signaling sustained developer commitment to the protocol.
- Svenson’s bullish view stands out against a sluggish wider crypto market, with no broad analyst consensus yet on his upside price target.
Cryptocurrency analyst Kevin Svenson has projected that privacy-focused digital asset Monero could experience significant price appreciation, potentially rising more than 80% from current levels by the second half of 2026, according to statements shared with his followers.
Monero shifts pattern
Svenson stated that Monero has been forming a two-year parabolic trend pattern and is approaching previous all-time high price levels. The analyst indicated that technical chart analysis suggests the cryptocurrency may reach new peak values around July 2026.
“Monero has been quietly building a two-year parabolic trend — now approaching all-time highs,” Svenson stated in his analysis. He characterized the technical setup as favorable for the privacy-focused cryptocurrency.
Monero ranks among the top 10 privacy-focused cryptocurrencies in terms of recent development activity, according to research published by analytics firm Santiment. The firm reported that Monero registered seven notable GitHub events over the past 30 days, placing it sixth among privacy coins based on development activity metrics.
Development activity on cryptocurrency projects typically indicates ongoing technical work and developer engagement with the protocol, according to industry analysts.
The projection comes as broader cryptocurrency markets have experienced periods of reduced momentum, according to market observers. Monero’s technical setup differs from many other digital assets currently, according to Svenson’s analysis.
No confirmation of the price target has been provided by other market analysts at this time.
