What is the future of Monero?

Could you please elaborate on the potential future prospects of Monero? Could it potentially revolutionize the realm of cryptocurrency, or does it face significant challenges in its path ahead? How does its privacy-oriented nature contribute to its future growth? Is there a possibility of it becoming a mainstream payment option, or is it likely to remain niche? And what role might regulations play in shaping its future trajectory? Thank you for sharing your insights on this intriguing topic.