BNB remains strong even as other altcoins fall into a heap – Here’s how

- BNB price has been more resilient, like BTC, amid the 2025 drawdown.
- Its native chain recorded stable network growth and adoption.
Most large-cap and top 10 altcoins like Solana [SOL], Ethereum [ETH], and Avalanche [AVAX] have declined 50-70% from recent highs. In fact, some have plunged over 90% amid a heightened 2025 sell-off.
But Binance’s BNB has defied the altcoin crash after hitting an all-time high (ATH) of $720 in December. It has mirrored Bitcoin’s [BTC] resilience, noted on-chain analyst João Wedson.
He linked the altcoin’s resilience to strong fundamentals and adoption.
“This resilience …is also backed by strong fundamentals. Binance has built a massive ecosystem where BNB is used extensively for transactions, trading fees, and interactions within the Binance Smart Chain (BSC).”
BNB’s network activity
BNB Smart Chain active addresses spiked to nearly 3 million users on the network activity front, marking a cycle high in February.
Interestingly, despite the ongoing tariff woes and weak sentiment, the active addresses haven’t dropped below 1 million users.
In February, the meme mania shifted from Solana to the BNB chain, partly contributing to the strong network traction.
In addition, the chain’s TVL (total value locked) surged from $4B to $7B during a massive rally in late 2024.
Despite the 2025 weak sentiment, its TVL has stayed above $6B in the past few months, reinforcing investor confidence in the chain, as Wedson stated.
BNB has held its ground much better than SOL or ETH compared to BTC’s performance. It was only down 10% relative to BTC. On the contrary, SOL and ETH were down 44% and 60% against BTC in 2025.
Simply put, BNB investors outperformed their SOL and ETH counterparts in the past few months.
From BNB’s daily chart perspective, $600 was the key overhead to clear for bulls to advance further.
The obstacle doubled as a 50-EMA (exponential moving average) and mid-range level of a multi-month channel. Put differently, failure to clear $600 could embolden short sellers to drag BNB to $520.