BCH Surges 1086% in 24 Hours Amid Protocol Upgrade and Foundation Announcements

On June 13, 2025, Bitcoin Cash (BCH) experienced a dramatic price surge, climbing 1,086.22% in 24 hours to reach $446.41. Over the past seven days, the cryptocurrency rose 799.89%, while monthly gains hit 942.54%, and yearly gains stood at 332.98%. The rapid appreciation followed recent developments in its protocol and institutional backing.

BCH Foundation Announces Major Protocol Upgrade

The BCH Foundation revealed on June 10 that it had finalized a new consensus mechanism, Equihash+, designed to enhance network security and scalability. This update, implemented through a hard fork from Bitcoin Cash in 2023, aims to reduce transaction fees and improve block validation efficiency. The foundation emphasized that the upgrade aligns with its long-term goal of fostering decentralized adoption.

Technical Innovations Drive Market Sentiment

Analysts attribute the price surge to investor confidence in Equihash+’s potential to address bottlenecks in blockchain performance. The fork, which split BCH from its parent chain in 2023, had previously faced skepticism but now garners support for its focus on user-centric features. Technical charts show sustained buying pressure, with traders citing the protocol’s improved energy efficiency as a key advantage over competing networks.

Institutional Backing and Market Dynamics

The foundation’s collaboration with global custodians and payment processors has accelerated institutional interest in BCH. Reports indicate growing demand from firms integrating BCH into settlement systems, driven by its lower operational costs compared to alternatives. This activity has reinforced BCH’s position as the 14th-largest cryptocurrency by market capitalization, up from 23rd earlier this year.

Analyst Forecasts Highlight Long-Term Potential

Analysts project BCH could climb to $750 by year-end if Equihash+ adoption meets expectations. A leading blockchain research firm noted that the protocol’s modular design could attract developers and businesses seeking interoperable solutions. However, they cautioned that regulatory clarity and broader market stability will influence sustained growth.

Impact on Broader Cryptocurrency Landscape

BCH’s performance has reshaped perceptions of legacy altcoins, spurring comparisons to early-stage Bitcoin (BTC) and Ethereum (ETH) developments. Its rapid valuation gains have outpaced most peers, with Ethereum rising 232% annually and Bitcoin at 178%. The surge underscores investor appetite for projects demonstrating tangible technical advancements amid market volatility.

Conclusion: A Catalyst for Sector-Wide Innovation

BCH’s trajectory reflects a turning point for cryptocurrencies prioritizing protocol innovation over speculative hype. As Equihash+ transitions to live operations, its success could redefine criteria for evaluating blockchain projects, emphasizing functionality over market cap alone. The coming months will test whether BCH’s recent gains signal enduring structural change or remain a short-term anomaly.