Price Analysis
  • Sahana Vibhute
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    A passionate cryptocurrency and blockchain author qualified to cover every event in the crypto space. Researching minute occurrences and bringing new insights lie within the prime focus of my task.

    • 3 minutes read

    Top Layer-1 Altcoins to Watch This Month—Solana, TRON & 3 More 

    Story Highlights
    • BNB Chain and TRON dominate user activity, but high usage alone does not guarantee price growth without sustained capital inflows and a strong market structure.

    • Mid-tier chains like Solana and NEAR show balanced adoption, while Sei highlights how rising users can still coexist with weak price performance.

    Layer-1 blockchains continue to compete for dominance, with user activity emerging as a key metric to track real adoption. While price often grabs attention, daily active users provide a clearer signal of where on-chain demand is actually flowing.

    Recent data highlights five major Layer-1 networks leading in user activity this month, and interestingly, Ethereum does not fit in the list. This offers insight into which ecosystems are gaining traction and where capital could rotate next.

    BNB Chain Leads With 4.3M Active Users

    The daily active user indicator indicates the traffic of the platform as it denotes the number of users interacting with the platform. The latest data suggests that BNB chain is leading the race with over 4.3M active users, followed by Tron with 3.2M, Near Protocol with 2.5M, Solana with 2.4M and Sei with 1.4M. 

    layer-1 tokens
    Source: X

    Interestingly, Ethereum has not made it into the top 5 platforms with high active addresses, which suggests a potential shift to the other chains. BNB Chain and TRON dominate in raw user activity, while NEAR and Solana remain competitive in the mid-tier. Sei, despite lower numbers, still makes the top 5—indicating early-stage but notable adoption.

    However, high user activity does not always translate into price strength, making it essential to assess both adoption and market structure together. Currently, the question arises of how this will impact the token’s price.

    BinanceCoin (BNB) 

    bnb price

    BNB price is trading within a predefined resistance and support range as the bulls and bears have been failing to divert the rally. As the volume remains below the average, no major price movement is seen, but in the larger perspective, the price is accumulating strength. The selling pressure is fading, while the MACD is heading towards a bullish crossover, and the RSI is consolidating above the lower threshold. Therefore, with the beginning of a new Altseason, BNB price is primed to form a new ATH above $1500. 

    Tron (TRX) 

    trx price

    As seen in the above chart, the weekly Tron price is stuck within a resistance and support zone, forming a double bottom pattern. Currently, the price is fighting to hold within the resistance, and if it does so, as the CMF is rising as liquidity enters, a breakout could follow. However, RSI is flattening, hinting towards a drop in momentum, but a breakout may push the levels to the upper threshold. With this, the price is believed to reach $0.4, surpassing $0.37, aiming for higher targets. 

    NEAR Protocol (NEAR) 

    near price

    NEAR has maintained solid user growth, but price performance has been mixed. The asset remains sensitive to broader altcoin sentiment, with rallies often lacking sustained follow-through. The NEAR Protocol price has rebounded from the local support range and is believed to breach through the local resistance at $1.4. Once the price secures this range, a rise to $1.85 is imminent, surpassing $1.66. 

    Solana (SOL) 

    sol price

    Solana continues to balance strong ecosystem activity with volatile price behaviour. While user metrics remain high, price action reflects cyclical momentum rather than consistent trend strength. The SOL price has bounced from a crucial support level zone below $80, which has become a strong base. The MACD has undergone a bullish crossover, and the RSI is struggling to maintain an ascending trend. Once the price breaks the barrier at $88, a rise beyond $100 could be imminent. 

    Sei (SEI) 

    sei price

    Despite making the top 5 in user activity, SEI’s price has struggled significantly due to supply-side pressure and declining capital retention. This highlights a key disconnect between usage metrics and price performance. The price has been maintaining a strong descending trend with no major bullish possibilities. The draining CMF suggests a drop in liquidity, while RSI remains glued below the average zone as the momentum is not coiling up. Hence, the price is believed to drop, regardless of the rise in the platform’s traffic. 

    Wrapping it Up

    The latest data shows that user activity across Layer-1 chains remains strong and diversified, with multiple ecosystems competing for attention beyond Ethereum. However, the key takeaway is clear: adoption alone does not guarantee price growth. BNB and TRON show how sustained usage can support stability, while Solana and NEAR reflect momentum-driven price cycles. On the other hand, Sei highlights how structural issues can outweigh user growth. 

    As the market evolves, the next phase will likely depend on which chains can convert user activity into sustained capital inflows and stronger price structures.

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