Krutika Adani
Coinbase has reached a record $100.36 billion market cap, riding the wave of Bitcoin’s rally and growing institutional interest.
Bitwise CIO Matt Hougan sees Coinbase becoming a trillion-dollar company, citing strong fundamentals and rising regulatory clarity.
Coinbase’s entry into the S&P 500 marked a major milestone. Its stock has soared 50% in a month and over 1,000% from its 2022 lows.
Stablecoins now power Coinbase’s core revenue stream — a strategic pivot that analysts say could reduce volatility and ensure long-term growth.