Alternative currencies that could reach their all-time highs in May 2025
With the start of the second quarter, the cryptocurrency market has gained momentum, as many tokens showed strong performance in the latter half of April. Following Bitcoin's lead, most altcoins have seen significant improvements, achieving triple-digit gains. Some altcoins are even nearing their all-time highs, reflecting increased optimism and growth in the market
BNB
Currently, BNB is priced at $609, and it needs to rise by 30% to reach its all-time high (ATH) of $793. However, achieving this requires strong market conditions and support from investors, both of which have been lacking throughout April. Continued upward movement will be essential for the altcoin to reclaim its ATH
Currently trapped under a downward trend for nearly five months, BNB faces significant resistance. A 30% increase will be needed to break this trend and reach $793. If BNB can surpass the $700 mark, it will confirm that the altcoin is on its way to challenge its previous ATH and establish a new level.