As Ethereum eyes the $5,000 mark amid renewed bullish momentum across the crypto market, investors are turning their attention to emerging tokens that could shape the next big breakout. While ETH continues to dominate headlines,

Ethereum breaks $4,000 for the first time in eight months, fueled by corporate demand, whale accumulation, and bullish technicals.

According to Geoffrey Kendrick, head of digital asset research at Standard Chartered, Ethereum treasury companies could grow to own 10% of ETH's total supply. He also expressed in a note to investors earlier in the week that these companies are "better buys" than US spot ETH exchange-traded funds (ETFs), which have also been on a bullish run.