Investor confidence drives Monero price rise after major network changes

Despite the 18 block restructuring incidents that sparked concerns about network stability, Monero (XMR) rose 7%. The reorganization was caused by block propagation delays, triggering discussions about potential vulnerabilities. The Monero development team confirmed the incident but said the network was stable and emphasized that such incidents are common in decentralized networks and do not threaten the long-term stability of the network. The resilience of prices reflects strong investor confidence in Monero's privacy features and steady growth in trading volumes.