Out of curiosity, is anyone concerned by Monero's continued decline is hash rate since beginning of 2022? Not trying to FUD here, just curious of what people think about the following...

Not only has Bitcoin's continued it'd network growth, as per usual during bear markets, but so has Litecoin and Dogecoin which are the next biggest POW coins. I'm not sure if this is to be merge mining between LTC/DOGE, or whether XMR is significantly less profitable to mine due to the use of GPU/CPUs, but it seems to reflect Monero's price action, that being around the same price it was beginning of 2022.

This isn't to say LTC or DOGE are doing significantly better either, as altcoins are generally struggling right now against Bitcoin, nor that Monero remains vulnerable with it's current hash rate decline. It just seems strange that the network isn't growing similarly to others, with only the Top 3 POW coins gaining hash rate (ignoring ETC as it's increase was solely due to ETH merge).