Coinbase Stock Sees Strong Upside Potential After Trump Signs GENIUS Act

Coinbase's stock is a good buy after President Trump signed the GENIUS Act into law, creating a regulatory framework for stablecoins. The company is a primary beneficiary alongside Circle, with a clear path for growth in the evolving crypto landscape. Three key catalysts for investors include ETF success driving institutional adoption, the Deribit acquisition expanding Coinbase's derivative offerings, and its crypto as a service offering serving over 200 financial institutions. With regulatory clarity and institutional adoption accelerating, Coinbase is well-positioned to benefit from crypto's ongoing mainstream evolution.

President Donald Trump's signing of the GENIUS Act into law has positioned Coinbase (COIN) as a primary beneficiary in the evolving crypto landscape, alongside Circle (CRCL). The Act establishes a clear regulatory framework for stablecoins, effectively launching what analysts refer to as the "Web3 economy" [1].

The GENIUS Act should also benefit platforms like Coinbase that integrate stablecoin functionality with decentralized finance (DeFi) applications. With regulatory uncertainty removed and Coinbase positioned as a key infrastructure provider for the emerging stablecoin economy, the stock offers strong upside potential as institutions embrace compliant digital dollar applications [2].

Is Coinbase Stock a Good Buy Right Now?

Beyond the regulatory wins, three key catalysts for investors to watch include:

1. ETF Success Story: The ETF success story continues to drive institutional adoption, with over $120 billion in assets gathered across crypto ETFs. Coinbase serves as custodian for the vast majority of these products, generating steady revenue while validating crypto’s mainstream acceptance [1].
2. Deribit Acquisition: The $2.9 billion acquisition of Deribit represents Coinbase’s largest deal to date, adding the world’s leading crypto options platform, which holds a 75% market share and $30 billion in open interest. This plugs a critical gap in Coinbase’s derivative offerings, targeting the 75% of crypto trading volume that occurs in derivatives markets [1].
3. Crypto as a Service: Coinbase’s crypto as a service offering serves over 200 financial institutions, positioning Coinbase as the infrastructure provider as traditional finance increasingly adopts cryptocurrency [1].

With regulatory clarity emerging, institutional adoption accelerating, and utility-driven use cases maturing, Coinbase appears well-positioned to benefit from crypto’s ongoing mainstream evolution.

Target Price for COIN Stock

Out of the 31 analysts covering COIN stock, 14 recommend “Strong Buy,” one recommends “Moderate Buy,” 14 recommend “Hold,” and two recommend “Strong Sell.” The average COIN stock price target is $341, 14% below the current trading price [2].

References

[1] https://www.barchart.com/story/news/33628555/is-coinbase-stock-a-buy-sell-or-hold-after-trump-signed-the-genius-act
[2] https://finance.yahoo.com/news/coinbase-stock-buy-sell-hold-201830653.html