The global cryptocurrency market capitalization rose 2% to $3.22 trillion, according to Decrypt, as major tokens extended their gains. Bitcoin increased 1% to $93,780, while Ethereum added 2% to $3,240 and Solana climbed 3% to $139. XRP was the strongest major mover, advancing 12% to $2.37. Among other leading gainers, RENDER and SUI each rose 18%, while LIT gained 15%. Bank of America formally introduced crypto recommendations for wealth clients, including portfolio allocations of up to 4%. Morgan Stanley filed with the SEC for a Solana Trust, and Goldman Sachs upgraded Coinbase to “Buy” while downgrading eToro. Japan’s finance minister endorsed deeper crypto integration, including lower taxes and reforms at the exchange level. Ethereum co-founder Vitalik Buterin said Ethereum had effectively addressed the blockchain trilemma through its Layer-2 roadmap. Separately, Kraken is investigating reports of customer data allegedly being offered on the dark web, while Ledger users face a data breach involving e-commerce partner Global-E.
