Bitcoin Cash has surged nearly 40% this year, becoming the strongest-performing Layer-1 blockchain asset in 2025.
Its performance outpaces competitors across the sector, including BNB, Hyperliquid, Tron and XRP, while many major networks remain deep in negative territory.
The data highlights a surprising shift in Layer-1 market dynamics, especially as most other prominent chains continue to post year-to-date losses.
Ethereum, Solana, Polkadot, Cardano and Avalanche all remain down significantly, with some falling more than 50%.
In contrast, Bitcoin Cash has delivered consistent gains despite operating with minimal marketing presence and no official X account.
Supply Structure and Demand Factors Fuel BCH Rally
Analysts credit Bitcoin Cash’s rise to a combination of favorable supply characteristics and renewed demand catalysts.
Crypto Koryo notes that BCH remains free from many of the dilution pressures affecting rival networks.
The asset has no token unlock schedule, no foundation treasury, and no venture-capital allocations that could create sustained sell-side pressure.
“The entire supply is circulating. No unlocks. No foundation, [no] VCs dumping,” Koryo explained.
This structure has allowed Bitcoin Cash to benefit more visibly from genuine organic demand.
As other networks navigate unlock cycles, grant emissions, and treasury spending, BCH’s fully circulating supply has helped maintain price strength.
Its relative scarcity throughout 2025 has amplified market reactions to new inflows.
Analysts Predict a Temporary Bitcoin Pullback Before Rally
Alongside BCH’s outperformance, analysts continue to monitor Bitcoin’s broader macro trajectory.
Trader Michaël van de Poppe forecast that Bitcoin may briefly dip to around $87,000 before the upcoming Federal Reserve meeting.
Such a movement would sweep recent lows before setting the stage for another attempt at higher prices.
Van de Poppe expects a resumption of the uptrend if Bitcoin confirms support and reclaims the $92,000 level.
He believes that breaking through that threshold could open the path toward $100,000 within one to two weeks.
The outlook is tied partly to what he views as a supportive economic backdrop, including reduced quantitative tightening, expectations of rate cuts and expanding liquidity conditions.
However, he also identified key invalidation levels.
A drop below $86,000 could shift momentum toward $80,000, while failure to break and hold above $92,000 would weaken the bullish structure.
Long-Term Indicators Suggest the Bull Cycle Is Intact
Beyond short-term movements, long-range indicators continue to point toward underlying market strength.
Technical analyst TXMC has highlighted Bitcoin’s “liveliness” indicator, a measure tracking the balance between long-term holding and spent coins.
The indicator has begun rising again even as price action remains relatively muted.
The pattern historically aligns with phases of renewed accumulation and strengthening bull market cycles.
A rise in liveliness typically reflects older coins returning to circulation, increasing network activity, or strengthening spot demand.
Together with whale positioning and institutional participation through ETFs, these on-chain signals suggest Bitcoin’s broader cycle may still be in its expansionary stage.
For Bitcoin Cash, the environment has created momentum that continues to separate it from the rest of the Layer-1 market.
As competing chains struggle with drawdowns and token unlocks, BCH’s structure and demand profile have positioned it as one of the year’s most resilient assets.
