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Home»Altcoins»BNB shows the storm better than Altcoins, show statistics
Altcoins

BNB shows the storm better than Altcoins, show statistics

2025-04-19No Comments3 Mins Read
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Binance Coin (BNB) has continued to show excellent market performance, go up Between $ 575 and $ 591 in the past week. The cryptocurrency ran up between April 13 and April 19, 2025, with considerable price jumps on April 17 and 18. According to the latest figures, BNB registered a moderate profit of 1.0% in the previous 24 hours.

Related lecture

BNB one of the least affected by the market is decreasing

Although most cryptocurrencies have taken enormous losses of their highlights, BNB is one of the only coins that have shown remarkable stability. According to the on-chain statistics provider CryptoquantBNB, together with Bitcoin, has witnessed few falls compared to other altcoins that fell to 90% of their highlights.

BNB: The most resilient Altcoin in the Cryptomarkt

“Although most Altcoins have suffered drops to -98.5% of their all -time highlights, BNB stands out next to Bitcoin (BTC) as one of the least affected cryptocurrencies” – @joao_wedson

Link ⤵️https://t.co/qlqwjokff7 pic.twitter.com/T7WA6K6JQ

– Cryptoquant.com (@Cryptoquant_Com) April 17, 2025

The Cryptocurrency managed to reach a new of all time in the recent market cycle, an achievement that few other digital currencies have achieved. The graphs of cryptoquant reveal BNB that appear in light red on their graphs, which is a much lesser decline compared to other cryptocurrencies that appear in dark red tones.

See also  Top Altcoin Picks for Next Week: Ripple (XRP), Litecoin (LTC), and Polygon (MATIC) Prices Set to Grab Attention

Common coins Such as Dogecoin (Doge), Cardano (ADA) and Polygon (Matic) have experienced dramatic highlights and lows with long pieces of lowering value before a rebound. Less well -known cryptocurrencies such as Comp, Dash and Cake were hit hardest when the market changed.

Strong ecosystem supports BNB value

The good performance of BNB is not just about price action. Cryptoquant explains that the stability of BNB is due to its real-world applications within the Binance ecosystem. The currency has different roles on the Binance platform, as used to pay for transaction costs, trading costs and performing applications on the Binance Smart Chain.

BNB Price in the last seven days.

Many traders like to exchange their altcoins for BNB, so people want it. BNB has remained useful over time, so that more people can use it and make it one of the best performing cryptocurrencies today.

Marketanalist Master van Crypto noted how Real-Life Utilities of BNB place the various steps instructions for other cryptocurrencies without real-world applications. The usefulness of the currency to maintain the entire Binance ecosystem will continue to strengthen its market value.

Related lecture

Master of Crypto Analysis On X.

Technical signs indicate neutral prospects

Despite the overall stability of BNB itself, the technical prediction would currently indicate a neutral prospect in the wider market. The relative strength index (RSI) on 48.57 places it in the middle ground without a strong push in any direction.

BNB is currently being traded at $ 591. Graph: Tradingview

This RSI lecture simply tells us that the market is in consolidation and that neither buyers nor sellers get a lead. If the RSI crosses over 50, it would tell us that the momentum builds steadily in the direction of the bulls. Conversely, if it falls below 45, it is a deterioration of the price strength.

See also  Solana is a hit at $154: What can you expect after the breakthrough?

Featured image of Pixabay, graph of TradingView



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