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BNB, Sui and Avalanche are among the top altcoins to shine on September 18, 2025, during the Asian session as the cryptocurrency market experienced a notable uptick.
The Federal Reserve’s quarter-point interest rate cut on Wednesday and the US Securities and Exchange Commission’s clearer rules on digital asset sales bolstered sentiment, with BNB surpassing the $1,000 mark as coins like EigenLayer and Pudgy Penguins rallied.
Overall, the total market capitalisation reached $4.2 trillion, up 1.6% over the past 24 hours.
Rising prices also saw the global crypto trading volume jump to $210 billion, indicating heightened investor activity.
Bitcoin and Ethereum at key levels after Fed cut rates
Following the Federal Reserve’s interest rate cut on September 17, Bitcoin (BTC) and Ethereum (ETH) reclaimed key levels.
Bitcoin traded at around $117,200, up slightly amid the Fed’s policy shift.
The gains have bulls targeting a return to the $120k level and likely the all-time peak above $124k.
However, with BTC dominance declining amid gains for altcoins, analysts are also predicting big moves for Ethereum.
ETH hovered at $4,593 at the time of writing, about 2% up on the day as its 24-hour volume topped $47 billion.
The rate cut and other catalysts, including the SEC’s generic listing standard rules change, could allow Ethereum bulls to target $5,000 in the coming weeks.
However, CryptoQuant analysts say gains have mid-sized whales “sitting on significant paper gains, similar to the profit conditions observed at the last market top.”
ETH Unrealized Profits of Mid-Sized Whales Hit Levels Last Seen at ATH in Nov 2021 “This suggests that mid-sized whales are sitting on significant paper gains, similar to the profit conditions observed at the last market top.” – By @CryptoOnchain
BNB price rallies past $1,000
BNB, the native token of the BNB Chain ecosystem, rallied past the $1,000 mark for the first time on Thursday, setting a new all-time high of $1,005.
This follows a notable 12% spike in the past week and nearly 20% upside in the last 30 days.
Heightened activity on the Binance platform, as well as traction for BNB as a treasury asset, has provided the fuel for bulls.
Binance founder Changpeng Zhao commented on BNB’s price trajectory via X.
Sui gains as bulls target $5
Sui price rose 9% to break to highs of $3.90, with bulls’ ambitions of retesting the $5 resistance level intact amid a potential ascending triangle pattern breakout.
Overall market bounce and interest in Sui’s zkLogin and programmable transaction features helped SUI price this past week.
Increased DeFi traction and ETF hype are also driving speculative fervour for Sui.
A break to $4 will allow bulls to target a new all-time high above $5 – currently the ATH sits at $5.35.
Avalanche jumps double digits to an 8-month high
Avalanche (AVAX) price saw a double-digit surge of over 11% to climb to an intraday high of $33.20.
Gains came as buying pressure allowed AVAX to extend its uptick above the $25 barrier.
Bitcoin Cash, Sei and Polkadot are the other top altcoins to rally Thursday morning.
EIGEN price breaks to $2 as Lido DAO and ether.fi also gain
EigenLayer’s EIGEN token broke through the $2 barrier on September 18, surging more than 33% to $2.09.
Meanwhile, Ethereum ecosystem tokens Lido DAO (LDO) and Ether.fi (ETHFI) rose 13% and 12% respectively, as buyers reentered the market.
The altcoin market also saw Pudgy Penguins, MemeCore, and Fartcoin rank among the top gainers.
PENGU was up 13%, MemeCore (M) hovered 15% up in the past 24 hours, and Fartcoin traded around $0.91, more than 10% up in 24 hours.
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