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Monero surges over 10% after new wallet support and upcoming security audit boost demand.

Market News
11 Jun 2026
Crypto news
View Source
Bullish
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Monero's price jumped above $350 with a 10%+ gain following two key updates: Cake Wallet's integration with Passport Prime hardware wallet enhances self-custody options amid exchange delistings, and security engineer Taylor Hornby announced plans to audit Monero, drawing fresh attention to its security. These developments revive buyer momentum as XMR approaches a critical resistance zone near $360-$400, with technical indicators showing improving but cautious optimism. The audit could either strengthen confidence or cause volatility depending on findings, making this a watchpoint for investors.

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