For the first time this year, Bitcoin’s annual security budget accounted for a higher proportion of market capitalization than the year before

Kofi, a contributor to DefiLlama, stated in a post on X platform that this year will be the first time in Bitcoin's history that the annual security budget as a percentage of market capitalization will be higher than the previous year (rising from 1.8% to 1.9%). The security budget is the amount earned by miners to ensure network security. When this value is higher, the cost of a 51% attack is also higher, and vice versa.