Monero price: THORChain integration advances, but swaps are not live
Published on 11/09/2026 at 07:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSWhat matters for Monero investors
- THORChain has completed development work for Monero support, but node rotation and private-key generation must precede mainnet testing.
- Investing.com showed XMR at 598.892 USD in a snapshot read at 06:38:11 Berlin time on November 9, with a market capitalization of 11.25 billion USD.
- FCMP++ remains on a public stressnet, and no official mainnet activation date has been announced.
Monero price is being watched alongside two separate development tracks: THORChain has completed its v3.21.1 work for Monero, while Monero's planned FCMP++ privacy upgrade remains on a test network. Neither development currently represents an activated mainnet feature.
THORChain work is complete
According to TokenPost, THORChain has finished the v3.21.1 development work needed for Monero support. Before a small mainnet pool can be opened for test trades, node operators still need to complete a rotation and generate a new private key. The report said that this step could take at least one week and possibly two, based on an estimate from developer Chad Barraford on November 5.
The completed work therefore moves the project closer to testing but does not activate XMR swaps. The planned test pool would initially contain only a few hundred dollars, while a later decision on larger liquidity remains separate from the first test phase. For investors, the distinction matters: integration progress may improve future cross-chain access, but there is no live THORChain swap functionality to price in as an operating feature today.
FCMP++ remains in testing
Monero's FCMP++ upgrade is also not live on the main network. CryptoTicker reported that version 3.1 of the FCMP++ and Carrot stressnet was released on October 26 and addressed an inflation-related issue on the test network. The source also stated that no mainnet activation date had been announced. The project website describes Monero as a private, decentralized cryptocurrency, but it does not provide a confirmed FCMP++ activation date in the material reviewed.
A separate data incident at the Wagyu swap service affected service records rather than the Monero blockchain itself, according to CryptoTicker. The report said 4,580 completed Monero orders were linked to receiving addresses and IP addresses in the exposed dataset. That is an off-chain service risk, not evidence that Monero's cryptography was compromised.
Current market reference
An Investing.com snapshot read at 06:38:11 Berlin time on November 9 showed XMR at 598.892 USD. The same page listed 24-hour volume of 110.33 million USD, market capitalization of 11.25 billion USD, rank 11 and 18.83 million XMR in circulation. Its displayed 52-week range was 277.507 to 798.868 USD. Because the reviewed data did not provide the UTC closing basis required for a daily comparison, no UTC daily percentage change is assigned here.
Investors tracking Monero price should therefore separate three issues: the current spot reference, the still-pending THORChain testing sequence and the longer-term FCMP++ development process. Further coverage is available on the Monero topic page.
