The global cryptocurrency market capitalization rose 2% to $3.22 trillion as major tokens extended their gains. Bitcoin added 1% to $93,780, while Ethereum climbed 2% to $3,240 and Solana gained 3% to $139. XRP was the strongest among the leading assets, rising 12% to $2.37. RENDER and SUI each advanced 18%, while LIT gained 15%. Institutional and regulatory developments also shaped the market. Bank of America launched crypto recommendations for wealth-management clients, including portfolio allocations of up to 4%, and Morgan Stanley filed with the SEC for a Solana Trust. Goldman Sachs upgraded Coinbase to “Buy” while downgrading eToro. Japan’s finance minister backed deeper crypto integration, including lower taxes and reforms at exchanges. Separately, Kraken is investigating reports that customer data may be offered on the dark web after a potential security exploit. Ledger also warned of a data breach involving its e-commerce partner, Global-E, exposing customer contact details.
