HomeCryptoCrypto markets: BNB Coin soars, Cardano does not

Crypto markets: BNB Coin soars, Cardano does not

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In recent days, volatility has returned to the crypto markets, in many cases positive as for BNB Coin, in others a bit less, like for ADA (Cardano).

Crypto Analysis: Price Comparison of BNB Coin and Cardano (ADA)

BNB is the coin of Binance, which is the blockchain initially called Binance Smart Chain, and is now called BNB chain. 

Since the BNB project is backed by the largest crypto exchange in the world, it has performed very well in the market over time. 

Well, just today the price of BNB recorded its new all-time high, surpassing $960. 

It is noteworthy not only that this is already the third time in the last twelve months that a new all-time high has been recorded, but also that the last major bull run (2021) stopped just above $700.

The curious thing is that thanks to the Trump-trade at the end of 2024, the price had only risen from $600 to $750, and the bulk of the rise therefore occurred during 2025. 

This is also due to the fact that it had already recovered significantly from the bear-market of 2022, which saw it plummet to $180. 

BNB tends to maintain a certain strength in the long term, thanks to Binance and the continuous burns. Additionally, it tends to perform well even during bull runs, although perhaps slightly less compared to other coins that are generally more volatile.

During 2025, after dropping to $550, it recorded three rebounds, the last of which might even still be ongoing. 

The first had brought the price close to $700, while the second, in July, had already pushed it to new all-time highs, allowing it to surpass $800 for the first time in its history. 

The third began in the first decade of August, starting from $730, and for now shows no signs of ending. 

It is possible that behind the strong increase in the altcoin season index are precisely these performances of BNB, particularly the +14% in the last thirty days combined with the +30% of Solana. 

In the current cryptocurrency market, the sentiment among investors is mixed. While some analysts predict a bull trend due to increasing institutional interest, others warn of a potential bear market as regulatory pressures mount. The volatility of digital assets continues to attract both risk-tolerant traders and cautious investors. As Bitcoin and Ethereum maintain their dominance, altcoins are also gaining traction, offering diverse opportunities for portfolio diversification. However, market participants are advised to stay informed and exercise due diligence when navigating this dynamic landscape.

Focus on Cardano (ADA)

A completely different discourse for the trend of the price of ADA of Cardano. 

In fact, ADA in the long term tends to be quite stable, although with increasing lows. 

The lows of the bear-market in 2018 were around $0.04, while the low of the bear-market in 2022/2023 was $0.24. 

Despite this, however, excluding speculative bubbles, it almost never records particularly interesting movements. 

For example, between mid-2018 and the end of 2020, it always fluctuated between $0.04 and $0.15, while between mid-2022 and October 2024, it always fluctuated between $0.24 and $0.71. 

By doing so, however, during bull runs it records significant performances, as in 2021 when it went from $0.15 to $2.3 in less than six months. 

Even at the end of 2024, it recorded a decidedly interesting bull run, going from $0.33 to $1.23 in just over a month. 

Note that the correction in 2025 only brought it back to $0.54, which is significantly higher than the $0.33 from which the Trump-trade began. 

By now, it has practically been oscillating between $0.54 and $1.1 since the second half of December, and it has been oscillating between $0.54 and $1 since mid-March. 

The all-time high is still from September 2021 ($3.1), and it is currently still very far away (-71%). 

The situation of Cardano is therefore very different compared to that of BNB, even though ADA could perform well during a hypothetical altseason, especially in the short term. However, in the last thirty days, it appears to have lost 4.8%, but it falls within the volatile lateralization phase that began in March. 

Altseason: still a reality or a distant mirage?

All of this could eventually be upended by the possible arrival of an altseason

The CMC altcoin season index has risen to 70 points, just below the 75 points that would trigger an altseason. 

Much, however, is specifically due to BNB and Solana, with the addition of Hyperliquid and Avalanche, as well as partly of Dogecoin

In such a situation, where the rise is not of all altcoins but only of a very limited number, that high value of the altcoin season index actually doesn’t say much, except that the crypto market theoretically seems ready for a potential altseason. However, at the current state, there are no other signals in this regard. 

Marco Cavicchioli
Marco Cavicchioli
Born in 1975, Marco has been the first to talk about Bitcoin on YouTube in Italy. He founded ilBitcoin.news and the Facebook group" Bitcoin Italia (open and without scam) ".
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