At this moment, in the crypto markets, there are some cryptocurrencies that are moving in an interesting way: SEI, BNB, and ADA (Cardano).
Absolutely one of the cryptos that is making the most interesting movements is SEI.
In fact, in the last seven days, it has recorded a remarkable +80%.
However, it is necessary to frame the data within its trend in order to understand it well.
First of all, it must be said that the all-time high remains the $1.1 of March last year.
SEI was launched on the crypto markets in August 2023, and starting from November of the same year, a large speculative bubble began to inflate, which in just two months caused the price to soar from $0.1 to $0.8. That bubble then lasted for another two months, until the peak in March 2024, and in April it burst.
The current price is still even at -73% from the all-time highs, despite the +80% of the last seven days.
However, it is probably advisable to ignore that bull to understand its behavior in the medium/long term.
The starting point must indeed be those 0.1$ of November 2023, and given that the bottom of the bear-market following the burst of the bubble was higher than 0.2$, it can be said that at that point the annual lows were ascending.
With the Trump trade at the end of 2024, the price of SEI managed to return to $0.7, but even in that case, it was a mini-bubble.
The problem is that the bottom of 2025 was even at the exact same level as the starting point of November 2023, so it’s as if everything that happened in 2024 was completely irrelevant in the medium/long term.
In fact, since from the local high of 2025 ($0.47) the loss until the mid-April bottom was over 70%, the one that started on June 18 should be considered just a rebound, and not even that pronounced, despite the remarkable +80% in a week. In fact, the current price level has barely managed to recover all the losses accumulated from the end of January onwards.
It is therefore necessary to be very careful and not get carried away by overly easy enthusiasm.
For BNB the situation is completely different, because currently it is only -18% from the all-time highs recorded in December of last year.
Note that excluding stablecoins, BNB is the second top 10 crypto for recovery from the highs, after Bitcoin, so much so that Ethereum is still at -50%, Solana at -50% and XRP at -43%.
BNB tends to follow a trend not perfectly connected to Bitcoin. From this point of view, it resembles Ethereum or XRP, because although it is greatly influenced by the price trend of BTC, it manages to maintain a certain autonomy.
The curious thing about BNB is that its price has actually been moving sideways ever since the Trump trade began.
In March 2024, it had risen above $500, and until October inclusive, it had practically moved sideways around that level. With the Trump trade, a lateralization simply began at a higher level, around $600.
Of course, these are very volatile lateralizations, so much so that in 2024 before the Trump trade it had dropped to $460 with peaks up to $710, while after the Trump trade it also dropped to $530 but with a peak at almost $800 in December, which still today constitutes its all-time high.
It is still certainly less volatile than Ethereum, and perhaps even Bitcoin, and it seems to hold up very well even in the long term, at least for now.
The trend of the price of ADA, the native cryptocurrency of Cardano, is certainly interesting, but for other reasons.
First of all, it must be said that, while remaining within the top 10 cryptocurrencies by market capitalization, its current price is still at -81% from the all-time highs of September 2021.
For example, the maximum peak generated by the mini-bubble of the Trump trade was about $1.2, which is much lower compared to the $3.1 of four years ago.
However, the trend of the ADA price has a curiosity.
In fact, by observing the historical chart since it landed on the crypto markets in 2017, it is noted that net of speculative bubbles, it tends not to be particularly volatile.
From 2018 to 2020, it moved sideways for almost two years around $0.15, while from 2022 to October 2024, it moved sideways around $0.35.
Despite this, there are as many as four speculative bubbles that have inflated over the years on ADA, including one gigantic one in 2021, and two mini ones in 2024.
It’s as if it gives speculators a lot of time to accumulate, only to exhaust all its upward strength in a few months following the general trend of crypto bubbles.
