Bitcoin Cash Stuns the Market as the Top-Performing Layer-1 of the Year

Source: Coindoo Original Title: Bitcoin Cash Stuns the Market as the Top-Performing Layer-1 of the Year Original Link: https://coindoo.com/bitcoin-cash-stuns-the-market-as-the-top-performing-layer-1-of-the-year/ Bitcoin’s price may look uninspired on the surface, but several analysts argue that the market is masking a far stronger underlying trend.

Even as traders focus on short-term volatility and ETF outflows, long-term on-chain indicators are flashing early signs of renewed accumulation — setting the stage for a potentially larger move in the months ahead.

Key Takeaways

• On-chain indicators show rising Bitcoin accumulation despite recent price stagnation.
• Analysts expect BTC to dip toward $87K before targeting $92K and potentially $100K.
• Bitcoin Cash is the strongest Layer-1 of 2025, boosted by clean supply and no unlocks.

On-Chain Signals Hint at a Stronger Market Than the Price Suggests

Technical analyst TXMC is closely watching Bitcoin’s liveliness metric, a long-term measure that compares coin movement against levels of holding. Historically, rising liveliness has correlated with the early stages of major bull cycles, reflecting a shift in behavior among long-term holders.

Despite Bitcoin’s subdued trading in recent weeks, the indicator is climbing again. TXMC interprets this as evidence that more coins are moving in response to genuine spot demand rather than speculative leverage — a dynamic that often precedes meaningful upside.

A Short-Term Dip Could Reset the Trend

While on-chain data looks constructive, trader Michaël van de Poppe is preparing for one more sharp move before Bitcoin can regain momentum.

His view: Bitcoin may sweep the $87,000 zone heading into the upcoming Federal Reserve meeting, clearing out recent lows before any renewed upside attempt.

Van de Poppe points to $92,000 as the level that needs to break for a move toward $100,000, which he believes could happen quickly if the macro backdrop aligns. Lower quantitative tightening, growing liquidity and expected rate cuts form the backbone of his bullish thesis.

A breakdown below $86,000, however, would invalidate the setup and potentially drag prices toward $80,000 before buyers return.

Why Bitcoin Cash Suddenly Stands Out in a Brutal Layer-1 Year

While Bitcoin analysts debate price structure, one asset has quietly stolen the spotlight in the Layer-1 sector: Bitcoin Cash (BCH).

In a year where many major smart-contract chains have posted double-digit losses, BCH has climbed almost 40%, making it the strongest performer among top-tier L1 networks.

Data shows that BCH has comfortably outpaced BNB, Hyperliquid’s HYPE token, Tron and XRP — all of which posted modest gains. The rest of the sector, including Ethereum, Solana, Avalanche, Cardano and Polkadot, is deeply negative, with several networks down more than 50%.

A Rare Token Without Unlocks, Treasuries or VC Selling Pressure

According to analysis, BCH’s relative strength comes from its uniquely clean supply profile.

Unlike most modern Layer-1 ecosystems, Bitcoin Cash has:

• no foundation treasury
• no vesting unlocks
• no venture capital allocations waiting to hit the market

With 100% of its supply already in circulation, BCH avoids the relentless sell pressure that weighs on many competing chains — particularly during risk-off periods.

A Strong Year for BCH — Without Any Marketing Engine Behind It

Remarkably, Bitcoin Cash’s outperformance is happening without centralized promotion.

The project does not maintain an official social media account, yet traders continue to rotate into it as other L1s struggle.

This combination of simple tokenomics, circulating supply and a comparatively low-overhead ecosystem has created a rare situation: an older chain significantly outperforming newer, heavily marketed networks.