Ethereum's price surged to $3,200, its highest since August, as Bitcoin hit a record $79,000 following the U.S. presidential election. Ethereum's market cap now exceeds Bank of America's by $40 billion, highlighting the growing influence of blockchain over traditional finance. This shift underscores the rising popularity of decentralized finance (DeFi) and crypto assets. Meanwhile, Ethereum's supply has turned inflationary, with issuance rates surpassing burn rates. Crypto analysts predict further price increases, with some expecting Ethereum to break the $4,000 mark soon.