Ethereum has surpassed Bank of America in market capitalization, reaching $365 billion compared to Bank of America's $345 billion. This surge in Ethereum's value is part of a broader trend in the cryptocurrency market, with Ethereum's price breaking through the $3,200 mark. The rise in Ethereum's value reflects a broader shift as DeFi becomes mainstream. The increase has also positively impacted related cryptocurrencies, particularly PEPECOIN, which soared 50% to a market cap of $650 million, adding over $200 million in a single day. PEPECOIN is now up 150% over the past 4 days and has seen rapid growth, with 1,145 new holders and a daily trading volume exceeding $5 billion. The broader cryptocurrency market has also benefited, with the global market cap reaching $2.85 trillion, marking the strongest surge since March.