Monero’s network hashrate reached 7.17 GH/s, approaching the record highs recorded in January 2026, while XMR’s price returned to its January levels. Computing power remains concentrated, with the four largest mining pools controlling 75% of the network because they coordinate individual miners. Zcash and Dash gained about 10% over the past week, while Monero fell 2.6%. The $600-$650 supply zone is the main obstacle to a breakout, given limited weekly trading volume and a lack of strong buying pressure; a close above $650 or below $560 is likely to determine the next move in the long-term trend.
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