Only 9 Altcoins Have Outperformed Bitcoin Since All-Time High

According to an analysis by Glassnode, since Bitcoin's all-time high, only nine altcoins that were in the top 50 at the time have outperformed BTC. One standout performer was Zcash (ZEC), which rose to 14.4 times its starting value in Bitcoin terms.

The analysis tracks a group of altcoins that were in the top 50 when Bitcoin hit its peak, not today's top 50 altcoins. The chart shows the time period from November 2025 to September 2026, and the results should be considered over this longer timeframe rather than daily or weekly performance.

The top performers against Bitcoin include ZEC at 14.4x, HYPE at 2.9x, XMR at 2.6x, and NEAR at 2.1x. The benchmark for comparison is Bitcoin at 1x, with values above indicating that the altcoin in question outperformed BTC.

Other notable altcoins mentioned on the chart include UNI at 1.6x, TRX at 1.5x, LEO at 1.4x, and TAO at 1.2x. Glassnode reports that a total of nine altcoins outperformed Bitcoin, although not all of their names are visible in the image.

The main takeaway is that strong outperformance by a few altcoins did not extend across the entire group, with 41 of the 50 examined failing to outperform Bitcoin. This does not necessarily mean that these assets lost value in dollar terms.