Wu said, according to Crypto Koryo data, since the beginning of this year, only four L1 public chain tokens have maintained positive gains: BCH, BNB, HYPE, and TRX, with BCH showing the best performance and an increase of nearly 40%. Crypto Koryo believes the potential reasons may be that BCH has fully circulating supply on the supply side, with no foundation or VC sell-offs, as well as the potential to become the next ETF on the demand side, along with good liquidity and low volatility, making it a preferred choice for Beta exposure.
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Wu said, according to Crypto Koryo data, since the beginning of this year, only four L1 public chain tokens have maintained positive gains: BCH, BNB, HYPE, and TRX, with BCH showing the best performance and an increase of nearly 40%. Crypto Koryo believes the potential reasons may be that BCH has fully circulating supply on the supply side, with no foundation or VC sell-offs, as well as the potential to become the next ETF on the demand side, along with good liquidity and low volatility, making it a preferred choice for Beta exposure.