Qubic 51% attack rearrange Monero, XMR price don drop
For August 12, 2025, di Qubic mining pool carry out 51% attack for Monero, dem control more than 50% of di network hash rate small time and force some chain reorganize. Di attack cause sharp drop for XMR price—reach 13% to around $252—and boost QUBIC token value by 4% through dia $1.6 million monthly profit-burn system. Even though Qubic fit orphan blocks, dem no do am. Some analyst dey doubt if di attack fully succeed because mixed block data and possible API changes dey. Industry people talk say na about $75 million e cost daily to keep dis control, e dey threaten honest miners and show Monero weakness to centralization. For answer, developers and miners dey increase hash rate before di coming halving and deploy new 51% attack protections. Traders suppose watch for protocol updates, mining diversifications, and balance between economic incentives and network security.
Bearish
Di 51% atk don already make sharp price fall for XMR, e show say people dey quickly sell and market risk don high. For short term, e fit cause more wahala as traders dey change their position or come down from XMR holdings. For long term, Monero network security reputation dey challenged because people dey worry about hashrate centralization, wey fit reduce investor confidence and slow price recovery until better protocol and diversification steps show say dem work well. Overall, market outlook for XMR still dey bearish as people still dey doubt Monero resilience.