The cryptocurrency market has surged by 2%, now valued at $3.22 trillion, driven by positive momentum among major coins. Bitcoin saw a modest rise of 1%, reaching $93,780, while Ethereum increased by 2% to $3,240. Solana also performed well, climbing 3% to $139. The standout performer was XRP, which soared by 12% to $2.37. Other significant gainers included RENDER and SUI, both up 18%, and LIT, which rose by 15%. In institutional developments, Bank of America has begun recommending cryptocurrency investments to its wealth management clients, advising them to allocate as much as 4% of their portfolios to digital assets. Additionally, Morgan Stanley has filed for a Solana Trust with the SEC, signaling growing interest in this blockchain. Goldman Sachs has upgraded its rating for Coinbase to ‘Buy’, while downgrading eToro, indicating a shift in investment confidence. In Japan, the finance minister has expressed support for enhanced cryptocurrency integration, proposing tax reductions and reforms for exchanges. Vitalik Buterin, co-founder of Ethereum, commented on the network's success in overcoming the “Blockchain Trilemma” by balancing decentralization and scalability through its Layer-2 approach. On the security front, Kraken is investigating reports of a potential data breach that may have compromised customer information, allegedly being sold on the dark web. Meanwhile, Ledger users are advised to stay alert following a data breach involving its e-commerce partner, Global-E, which has exposed customer contact details.