Market Position of BCH: Is it a Mainstream Cryptocurrency?
Bitcoin Cash (BCH) is a cryptocurrency that resulted from a hard fork of the Bitcoin (BTC) blockchain on August 1, 2017. Its creation stemmed from a dispute within the Bitcoin community over scaling solutions. BCH aims to support more transactions through larger block capacity (initially 8MB, later increased to 32MB), thereby achieving a faster, lower-fee peer-to-peer electronic cash system.
According to market data as of August 2026, BCH holds a place in the global cryptocurrency market:
- Market Cap and Ranking: BCH's market cap typically ranges between $5.37 billion and $5.6 billion, placing it among the top 30 cryptocurrencies globally. On data platforms like CoinGecko, its market cap ranking is usually around 20th, for example, having reached 21st place. Its popularity also frequently ranks among the top 20 on mainstream trading platforms like Coinbase.
- Trading Activity: BCH's 24-hour trading volume typically hovers around $300 million to $320 million, indicating high market liquidity and trading activity.
- Widespread Acceptance and Trading: BCH is accepted by some merchants globally as a payment method and has trading pairs on major mainstream cryptocurrency exchanges such as Binance, OKX, and Coinbase, making it convenient for users to buy and sell.
Although BCH's price trend is somewhat correlated with Bitcoin, its own technological development and application adoption are also driving its market performance. Overall, with its relatively high market cap, active trading volume, and widespread availability on mainstream platforms, BCH can be considered a major player in the cryptocurrency market.
Who is the founder of BCH?
Unlike many cryptocurrencies created by a single visionary, the birth of Bitcoin Cash (BCH) is not attributed to a single "founder," but rather to the collective efforts of a group of developers, miners, investors, and entrepreneurs who shared a common vision for solving the Bitcoin scaling problem.
- Collective Creation: The background of BCH's creation was a community dispute over the future direction of Bitcoin. A group known as "big blockers" believed that Bitcoin needed to increase its block size to improve transaction throughput and accommodate growing user demand. They actively discussed and promoted the birth of BCH in a Slack group called "BTC Forks."
- Core Developers: On the technical front, Amaury Séchet is considered the primary definer of the initial BCH protocol and served as the lead developer for Bitcoin ABC (one of BCH's main development teams). Other important contributors include Jonald Fyookball and Peter Rizun, among others.
- Key Supporters: Early on, Roger Ver (CEO of Bitcoin.com) and Jihan Wu (co-founder of Bitmain) were the most prominent supporters and investors of BCH. Roger Ver is often mistakenly identified as its founder due to his active promotion of BCH, but Corbin Fraser, CEO of Bitcoin.com, and others have clarified that BCH was not created by him alone.
Therefore, BCH's origin is more akin to the product of decentralized community consensus rather than a project driven top-down by a "founder" in the traditional sense.
