Fidelity Digital Assets stated in its latest research report that Bitcoin halving will not weaken the network's long-term security, as miner incentives come not only from block rewards but also from transaction fees and other economic incentives, so network security will not necessarily decline due to decreasing block rewards. The report noted that although the Bitcoin block subsidy has dropped to 3.125 BTC per block, driven by the rise in Bitcoin prices, miners' average daily revenue has increased from approximately $26.3k during the first halving cycle to over $40.2 million currently. Historically, both miner incentives and network security have strengthened along with Bitcoin price growth. (Cointelegraph)