In fact, this relative weakness dragged BNB’s dominance to a five-month low of 2.60%, down from its mid-March peak of 3.40%, with a consistent structure of lower lows reinforcing a slow bleed in market positioning.
Source: TradingView (BNB.D)
That divergence is now spilling into price action too.
BNB finally broke above the $700 mark after two failed Q2 rejections, notching a 10% move on the month. But in context, that’s still soft, with top majors having rallied 20%+ over the same stretch.
That said, is BNB falling out of favor, or is capital just rotating into higher-beta plays? According to AMBCrypto, that call could define BNB’s role in the altcoin structure heading into H2.
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