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<p dir="ltr">The market might be&nbsp;<a href="https://u.today/bitcoin-btc-futures-trading-intensifies-with-growing-bullish-sentiment">moving sideways</a>, as a few altcoins in the top 10 most capitalized cryptocurrencies are making stealth moves today. One of these is Binance Coin (BNB), the native token of the Binance cryptocurrency exchange. In a sudden twist, the coin has just&nbsp;<a href="https://coinmarketcap.com/currencies/bnb/">retested</a> its all-time high (ATH) and set a new one at $711.56.</p>
<h2 id="unusual-binance-coin-journey">Unusual Binance coin journey</h2>
<p dir="ltr">For Binance Coin, the journey is nothing short of remarkable. From trading at an all-time low (ATL) of $0.09611 about seven years ago, the coin breached $671 on May 16, 2021. After this rally, it plunged back to a low of $169 as the crypto winter bit hard and forced many HODLers to give up their coins.</p>
<p dir="ltr">One thing, however, has set BNB apart, and that is its strong utility on Binance and the BNB Chain ecosystem. With&nbsp;<a href="https://u.today/binance-announces-massive-giveaway-for-shib-pepe-doge-and-other-meme-coin-traders">sustained relevance</a>, Binance Coin moved to the top 10 list of altcoins and has stayed in this position for more than a year. The BNB coin ranks directly below Bitcoin (BTC), Ethereum (ETH) and Tether (USDT), with its market capitalization of $104,090,355,715.</p>
<p dir="ltr">At the time of writing, Binance Coin is up by 12.05% in the past 24 hours and by over 17% for the week to trade at $704.69. The pace it has set serves as a testament to the return of the alt season.</p>
<h2 id="toncoin-joins-ride">Toncoin joins ride</h2>
<p dir="ltr">While Binance Coin has made a new record to hit a new ATH, Toncoin is also another asset in the top 10 that has retested its all-time high today, a move driven by its&nbsp;<a href="https://u.today/toncoin-ton-coasting-along-with-unusual-whale-transactions">ecosystem whales</a>. After soaring as high as 10% in the past day, TON touched an ATH of $7.78 before retracing back to its current level of $7.48.</p>
<p dir="ltr">With BNB and TON setting the pace, it remains to be seen which altcoin in the top 10 will be the next to breach its ATH this bull season.</p>

Binance Coin (BNB) up 17% to Coast to ATH, Key Reasons Why

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