Bitcoin reached its all-time high several weeks ago, sparking speculation about which cryptocurrencies might be next to achieve this milestone. To analyze this, we can refer to the Price Drawdown Heatmap.
Following Bitcoin, Binance's BNB has already reached its all-time high. Among other contenders, Solana (SOL) is a standout, sitting just 8% below its ATH, while Toncoin (TON) follows closely at 15% below its peak. Both projects are supported by strong fundamentals, including active development teams and active networks.
Given these figures, it seems likely that these coins could follow Bitcoin's lead in the near future.
Written by maartunn