What to know:
-
Altcoins left the Bitcoin year-to-date, but the BNB price shows relative elastic, the trade is 10% lower than the high time of the previous cycle.
-
The BNB chain shows a stable activity, which continues to rank the third in sunny transactions, active addresses, and TVL, while leading the number of DAPPs.
-
The weakest point of the blockchain is its income, which is still left compared to competitors.
The altcoin price action has become underwhelming for the nearly 2023-2026 cycle, pushing many crypto entrepreneurs to focus especially with Bitcoin. However, with moderately optimizing to return to markets, a closer look shows that not all altcoins are struggling. In fact, the total cap of the Altcoin market remains stable above $ 1 trillion – $ 1.17 trillion, to be exactly – and its 9% progress last week offers a glimmer of hope.
Among the major altcoins, BNB chains (Bnb) standing for the relative of its strength and its stability. Currently ranked as the fifth largest cryptocurrency by the market cap, behind BTC, ETH, USDT, and XRP, BNB costs about $ 89 billion. Some analysts see it as one of the most elastic altcoins in the current cycle.
As João Wedson, the founder of Alphractal, taughtUsing data from Cryptocurrency Drawdown Heatmap:
“While most altcoins have experienced drops of up to -98.5% from all of their high time, BNB stands next to BTC as one of the least affected cryptocurrencies-and more noticeable, it is one of the few who reached a new time high this cycle.”
For Wedson, this elastic is not only about the price action-it also supports solid foundations, such as the well-developed BNB chain ecosystem and the BNB role in the DeFI. He called BNB “one of the rare altcoins with real utility, strong basis, and growing adoption, making it the most powerful Altcoin performing next to the BTC.”
Is BNB really the most elastic altcoin?
Just looking at price performance on the top coins of Smart Contract Platforms’ tells a more annoying story. BNB actually reached a new all-time high during this cycle, but so does XRP (XRP), TRX (Trx), and sol (Sol) – Even in Solana’s case, the new high has barely exceeded the 2021 climax by just 1%.
When comparing current prices to their previous high cycles (mostly from May or November 2021), BNB drops only 10%. That is significantly better than eth (Eth), which drops 63%, and Solana, down 40%. However, XRP (+19%) and TRX (+49%) perform better.
One of the benefits of BNB’s financial lies lies in the low risk of dilution. According to the Market Cap/fully diluted valuation (FDV) ratio, 96.51% of BNB supply is in circulation. That is consistent with Ethereum (99.93%) and TRX (99.96%), which indicates relatively low risk of future token inflation. In contrast, Solana (86.33%) and especially the XRP (58.33%) may face significant dilution in the future.
While the BNB price performance is relatively strong, alone it does not fully justify its reputation for stability; The grounds are offered a deeper perspective.
BNB chain activity drives altcoin value
Beyond speculation, the BNB value is defined by its use of the BNB chain – a term umbrella used today to specify both BNB Smart Chain (the original blockchain) and the Beacon Chain (used for management and staking). Expert BNB chain in gaming, defi, launchpads, and other large consumer dapps. Most recently —but, it also gets to Game of MemecoinsSoak some of Solana’s quantities. Being the main altcoin in the leading centralized exchange also helps.
According to Messer.
In terms of the sun -active address, the BNB chain also performs well at about 1.1 million, beat Ethereum (384,800) and XRP Ledger (55,600), but the trailing tron (2.4 million) and Solana (3.7 million).
Where the BNB chain is really shining is in the number of DAPPs. According to DAPPRADARThe BNB chain supports 5,686 DAPPS – more than Ethereum (4,987), with polygon (2,402) rides a third. It reinforces Wedson’s consideration of a “massive” BNB ecosystem and puts the BNB chain in a strong position to rule the charge once the web3 grows older.
The BNB chain also ranked the 3rd at the total amount locked (TVL) on Defi, with $ 5.8 billion, behind Ethereum ($ 50.5 billion) and Solana ($ 8 billion), according to Delete. The blockchain seems to pay special attention to developing its defi activity. On March 24th, its dex trading volume even managed to briefly outpace All other blockchains, pressing a weekly sum of $ 14.3 billion.
Related: ‘Vitalik: an Ethereum story’ is not much about crypto and more about being human
BNB chain income has room for growing
Blockchain revenue plays an important role in its long -term maintenance and growth. This is usually evaluated by the total transaction fees generated.
In 2024, Ethereum led the pack with $ 2.5 billion in fees, followed by tron ($ 2.1 billion), Bitcoin ($ 923 million), and Solana ($ 751 million), according to Co ringecko. The BNB chain closed the top 5 with $ 194 million. Because XRP has small utilityIts blockchain We are is only $ 1.1 million.
So far in 2025, income ranks are moving, but the BNB chain remains to be 5. In the past 30 days, Tron led $ 272 million in fees, followed by Solana ($ 34.7 million), Ethereum ($ 20.8 million), and BNB chain ($ 17.1 million), per Messari data.
In general, while BNB may not always lead the charts on each scale, it always holds a respectable third place on the leading platforms of the intelligent contract. Its metrics of healthy activity contribute to the maintenance of a relative -child stability within the sector.
Blockchain revenue remains its weakest point compared to competitors. However, if the web3 promise is realized and accelerating the adoption, the dominance of the BNB chain in the DAPP space can be the greatest strength.
This article does not contain investment advice or recommendations. Every transfer of investment and trading involves risk, and readers should conduct their own research when deciding.
