Is Verge traceable?

As a keen observer of the cryptocurrency market, I'm often curious about the privacy and security aspects of various digital currencies. One particular aspect that intrigues me is the traceability of transactions. When it comes to Verge, a cryptocurrency that prides itself on anonymity and privacy, I'm particularly intrigued. So, I must ask: is Verge truly traceable? Or does it successfully shroud its transactions in a veil of obscurity, protecting users' privacy and anonymity? This question is paramount in understanding the security and privacy implications of Verge and how it stands out in the increasingly competitive world of cryptocurrencies.