There's an interesting historical angle on privacy coins worth revisiting. Monero once commanded an 8x valuation advantage over Zcash—a massive spread that reflected market sentiment at the time.

But here's the thing: that gap has compressed significantly. Given the shifting regulatory landscape and renewed focus on privacy features in Web3, could we be staring at a dramatic repricing event in XMR? The historical precedent alone suggests the upside potential isn't fantasy. Markets have seen wilder reversals, and sometimes the biggest moves come when narratives suddenly realign. Whether Monero recaptures that premium depends on broader adoption trends, but the technical setup certainly warrants keeping a close eye on resistance levels.