$XMR gained almost 90% in the last 2 months right before the fundamental update expected in May 2022
Monero's key feature is the fact that rewards for mined blocks are never going to drop to zero. Instead, the new mechanism implies a stable block reward of 0.6 XMR per block. It will allow miners to keep the network up while receiving a monetary incentive for doing so. At the current price of XMR, a stable reward equals $163.Monero positions itself as a private and secure blockchain, which is why it cannot afford to lose mining power.
On the other side, miners are constantly facing challenges tied to the dynamic blocksize, competition and decreasing fees. All these factors affect the profitability of mining and put the network's stability in danger.The progressive decrease in rewards is quite often considered a bullish factor since it is expected to decrease the selling pressure on the market caused by miners taking profits.
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