Bitcoin has reached a new all-time high, and the question now is whether Ethereum and BNB could be next in line. Both are nearing record levels as strong corporate demand drives prices upward. Current trends suggest Ethereum could target $5,000, while BNB might aim for $900.
Data shows that treasury-focused companies such as BitMine Immersion and SharpLink Gaming have acquired 2.3 million ETH in just ten weeks. Spot Ethereum ETFs saw significant inflows, with $729.14 million entering in a single day on Wednesday and $2.27 billion for the week — the highest weekly total since their launch. Geoffrey Kendrick, Head of Digital Assets Research at Standard Chartered, projected possible ETH price ranges of $5,000 to $12,000, $6,000 to $18,000, and even $7,500 to $25,000 in the long run.
BNB is also seeing strong institutional interest. Its price is approaching the July 28 peak of $861.10, fueled in part by CEA Industries’ purchase of 200,000 BNB tokens for $160 million. This acquisition followed a $500 million private placement led by 10X Capital and YZi Labs, positioning CEA Industries as the largest corporate holder of BNB worldwide.
Ethereum has recently climbed past $4,000 and closed at $4,488 earlier this week, surpassing its December 2021 peak. The following day, it rallied above $4,749, and by Thursday was trading near $4,745, just shy of the November 2021 all-time high of $4,868. A sustained move above that level could open the path toward the $5,000 mark.
BNB found strong support at around $742 on August 5 and has since risen 12.5% over the past week. It now trades near $852, within striking distance of its record high. If it breaks above $861.10, BNB would enter uncharted territory, with $900 as the next potential target. However, if momentum fades, prices could revisit support near $793.86.