that seems like a pretty good stability even in the face of regulatory uncertainty, CEX delistings, it already competes with Bitcoin in usage but not for the investment case, but every cycle will continue to get harder to ignore it as the chart shows it doesn't stagnate lower than it used to
Discussion
Yeah, Bitcoin needs better privacy. Just ask Roger Ver. If Bitcoin gets mimblewimble it will be hard to justify monero
It'd be better to advocate for a z-side (zcash sidechain/drivechain) than for MWEB as mweb has worse privacy and is harder to get into the consensus, but at any rate Liquid already has confidential txs but has 0 txs per block, (1 being the mandatory coinbase tx https://liquid.network), so in a privacy sidechain/L2 world, split coins create small anon sets which is a world where XMR is still undefeated