#ALEO# , Price Fluctuations and the Miner Dilemma: The Freezing Point of Market Confidence

From May 20 to 30, 2025, the price of Aleo (ALE) continued to fluctuate in a narrow range of $0.18-0.22, rebounding from the all-time low of $0.11 on April 7, but still down more than 98% from the all-time high of $8 in September 2024. This weak performance is in stark contrast to Bitcoin's breach of the $100,000 mark, where the siphoning effect of mainstream coins has led to continued outflows from smaller currencies such as Aleo. It is worth noting that Gate accounts for 58% of Aleo's daily trading volume, and if it is delisted, it will trigger a chain reaction, and the liquidity crisis will further exacerbate the market panic.
Miners are facing dual pressures: first, the payback period of mining machines will be extended from 158 days at the beginning of the mainnet launch in 2024 to more than 300 days, and second, the computing power of the entire network will be reduced from a peak of 2.1PH/s to 1.2PH/s, and the network security risk will be intensified. Taking the Binghe AE1 Lite mining machine as an example, with a computing power of 300M, the daily output of about 65 coins is only about 90 yuan (currency price 0.19 US dollars). The miner community recently launched a "hashrate defense war", demanding that the official adjust the mining incentive mechanism and protest the centralization of validator nodes.