Monero (XMR), a leading privacy-focused cryptocurrency, has seen its market capitalization rise to $8 billion, marking a significant increase of over 100% in the past year, according to CoinGecko data. This surge brings XMR close to its historical market cap peak of approximately $8.6 billion, recorded in May 2021. The recent decline in Zcash (ZEC) has allowed Monero to reclaim its position as the largest privacy coin by market cap. This development highlights Monero's resilience and growing investor interest in privacy-centric digital assets.