Over the last few months, Monero [XMR] has experienced considerable challenges. Throughout the year, XMR has struggled to report sustained gains over regulatory issues.
Following this, XMR was delisted by major crypto exchanges such as Kraken and Binance [BNB]. However, in recent weeks, the altcoin has made modest gains, reporting sustained gains on weekly charts.
The recovery has seen XMR trade at $168.80 as of this writing. This makes a 4.94% increase over the past 24 hours. Prior to these gains, Monero had suffered a serious downtrend, hitting a low of $136.08.