Bitcoin Cash has risen about 32% this year, making it one of the top performers among Layer-1 alts. Unlike ETH, SOL, and XRP, BCH has grown without ETF activity or large-scale institutional accumulation, reflecting its intrinsic resilience as a Bitcoin Cash fork that has withstood multiple market cycles. Prices have climbed from around $430 at the start of the year to above $570, suggesting momentum could extend through year-end.
Analysts see potential for a breakout beyond the $600 resistance, with upside targets near $650 and $720 if buying pressure persists. A move above $650 could push BCH to a multi-year high, and a sustained break of $720 could mark the highest level since 2022.
On-chain metrics paint a bullish picture: the average transaction value has surged toward $1.34 million on multiple occasions, signaling real capital inflows. Large whale orders reemerged near the $600 level, reinforcing the constructive setup for BCH. In addition to on-chain signals, BCH is widely adopted as a payment method, with thousands of merchants accepting BCH as payment, ranking among the top altcoins after BTC, ETH, and LTC. Merchant adoption further supports the bull case, with 2,468 merchants accepting BCH as a payment option.
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