Monero (XMR) surged 7% to over $260 on August 17, 2025, after miners successfully reversed a 51% attack by the Qubic mining pool. The attack had led to a 19% price drop between August 12 and August 15, following Kraken's suspension of Monero deposits amid takeover claims. Despite the turmoil, Monero's network remained secure, with no breaches reported. The miner community's efforts to redistribute hashrate restored confidence, driving the price recovery. Monero's rebound stands out against a generally weak market, reflecting renewed investor trust. Technical analysis suggests potential resistance at $280, with further gains possible if sentiment improves.