Bitcoin Cash gains nearly 40% to become ‘best performing’ L1 of the year

Bitcoin Cash (BCH) has become the best-performing Layer-1 asset year-to-date, climbing nearly 40% and surpassing major networks like BNB, Tron, and XRP, while many others, including Ethereum and Solana, remain significantly down. Analyst Crypto Koryo attributed BCH's outperformance to strong supply dynamics, noting that the entire supply is circulating with no token unlocks, no foundation treasury, and no venture capital overhang to create sell-side pressure. Separately, the article notes that Bitcoin may experience a brief pullback to around $87,000 before potentially resuming its climb toward $100,000, contingent on maintaining key support levels, according to analyst Michaël van de Poppe.

(Source：Cointelegraph)