Binance Coin [BNB] and Bitcoin [BTC] Have Limited Their Losses Better Than Other Top Cryptocurrencies

Despite broader market fluctuations, Binance Coin [BNB] and Bitcoin [BTC] have managed to limit their losses better than other top cryptocurrencies.

Despite broader market fluctuations, Binance Coin [BNB] and Bitcoin [BTC] have managed to limit their losses better than other top cryptocurrencies, according to CryptoQuant data.

While other major cryptocurrencies like Ethereum [ETH] and Solana [SOL] have seen steeper retracements from their all-time highs (ATHs), both BNB and BTC have displayed relative strength in the face of recent volatility.

These figures highlight a growing divergence in crypto market cap performance among the top five digital assets.

At press time, the Bitcoin market cap was down only 19.9% from its ATH, whereas Binance Coin has dropped around 20%.

These figures place them well ahead of competitors like Ethereum, Solana, and Ripple[XRP], which have seen much steeper retracements.

BNB's resilience can be attributed to its broad utility across the Binance ecosystem. Recently, the network has seen more activity compared to other major networks.

This consistent demand provides a price floor, helping it avoid the deeper drawdowns seen in other crypto market caps.

BTC: Down 19.9% from ATH, signaling recovery

As the market's flagship asset, BTC continues to act as a bellwether. Its drawdown recovery has remained relatively steady despite ongoing macroeconomic uncertainty and changes in risk appetite.

On the other hand, ETH and SOL were facing heavier losses. At press time, Ethereum was down by 51.1% from its ATH, while Solana has shed 57.5% of its value.

This suggests that these networks are still grappling with structural headwinds despite intermittent rallies, such as scalability concerns in ETH and lingering FTX-related sentiment in SOL.

While both assets are backed by strong developer communities and high transaction volumes, their market caps have struggled to reclaim previous peaks.

At the time of writing, Ethereum's market cap sat at approximately $241.68 billion, while Solana trailed further at $73 billion, as shown in CoinMarketCap and CryptoQuant charts.

Crypto market cap shifts reflect the new landscape

Regarding overall dominance, BTC leads the crypto market cap pack with $1.73 trillion, followed by ETH, BNB, and SOL.

Notably, while BNB and SOL share similar market caps, their trajectories have diverged. BNB remains close to its peak levels, while SOL has been unable to break past resistance.

Meanwhile, stablecoins are experiencing renewed demand, now comprising over $219 billion of the total crypto market, with 2.74% growth in the past month.

This suggests a cautious approach by investors, possibly waiting for clearer momentum before rotating back into volatile assets.

BNB and BTC's relative resilience in a choppy market reflects both investor confidence and embedded utility. In contrast, ETH and SOL face a steeper climb to reclaim their former highs.

As macroeconomic uncertainty continues and capital rotates selectively, the gap between strong and weak performers in the crypto market cap could widen further.