The total valuation of the global cryptocurrency market increased by 2% to reach $3.22 trillion, as major cryptocurrencies continue their upward trajectory. Bitcoin rose by 1% to $93,780, while Ethereum gained 2% to $3,240. Solana saw a 3% increase, reaching $139, and XRP surged by 12% to $2.37. Among the top performers, RENDER and SUI both jumped by 18%, and LIT climbed by 15%. Bank of America has officially introduced crypto investment recommendations for its wealth management clients, suggesting an allocation of up to 4% of their portfolios. Morgan Stanley has submitted an application for a Solana Trust to the SEC, indicating growing interest in the asset. Meanwhile, Goldman Sachs upgraded its rating for Coinbase to ‘Buy’ while lowering its rating for eToro. Japan's finance minister expressed support for increased crypto adoption, advocating for reduced taxes and reforms at the exchange level. Vitalik Buterin stated that Ethereum has successfully addressed the "Blockchain Trilemma" by achieving a balance between decentralization and scalability through its Layer-2 strategy. Additionally, Kraken is looking into claims that customer data may have been compromised and is allegedly being sold on the dark web after a possible security breach. Ledger users remain vigilant as the hardware wallet provider is dealing with a data breach involving its e-commerce partner, Global-E, which has led to the exposure of customer contact information.