Bitcoin Cash Sets Multiple Records in February Amid Extreme Market Fear
Summary
Despite a prolonged cryptocurrency market downturn that began in September, Bitcoin Cash (BCH) showed unexpected strength in February 2026, setting several key records. The average transaction value on the BCH network surged to an all-time high of over $2 million, a 100-fold increase from the previous year's average of $20,000, historically preceding price rallies. Furthermore, Bitcoin Cash Dominance (BCH.D) climbed to its highest level since April 2024 (0.48%) while nearly $2 trillion exited the broader crypto market, suggesting strong holder retention and helping BCH maintain a price around $560. This resilience is attributed to optimism surrounding the upcoming 'Layla upgrade' scheduled for May 2026, which promises enhanced token utility, quantum resistance, and stronger privacy features, drawing increased investor attention.
(Source:BeInCrypto)