Altcoin price momentum has accelerated, propelling some of the major coins to reach new all-time highs. In the last week of July 2025, BNB has successively reached several new all-time highs above $800, eventually reaching as high as $861 and breaching the previous peak set during the 2021 bull market. Additionally, XRP has also recently reached a new all-time high at about $3.4 this month.
BNB and XRP are the most recent major altcoins that reached a new record-high price. BNB is the most recent major altcoin to break its ATH (reached two days earlier), underscoring renewed confidence in ecosystem-driven tokens, and the recent announcements of companies holding BNB in their treasury. Meanwhile, XRP reached its most recent all-time high 12 days earlier reflecting bullish sentiment potentially linked to positive legal/regulatory outcomes or institutional interest. In contrast, despite being the largest altcoin, ETH has not reclaimed its 2021 highs, suggesting institutional accumulation has not yet been enough to offset the sell pressure.
BNB leads with the lowest drawdown, confirming it is trading at or near its recent new all-time highs. Moreover, BNB consistently held the shallowest drawdowns throughout the year, never falling more than ~30% below its ATH. This reflects strong investor confidence and sustained demand, likely driven by BNB Chain activity and the token's utility within Binance and BNB Chain ecosystems.
Written by CQ Research
