Coinbase Surges to Third in Trading Volume Ranking with 15.53% Gain in Two Days

On June 25, 2025, Coinbase Global (COIN) saw a trading volume of $10.637 billion, ranking third in the day's stock market activity. The stock rose by 3.06%, marking its second consecutive day of gains, with a total increase of 15.53% over the past two days.

Coinbase's stock chart recently displayed a "golden cross," a technical indicator where the 50-day moving average surpasses the 200-day moving average, often seen as a bullish signal. However, this pattern does not always guarantee an upward trend, and traders should consider other market factors before making investment decisions.

Coinbase has been experiencing positive developments, including the passage of the Stablecoin bill and plans to incorporate stock trading into its operations. The company has sought approval from the Securities and Exchange Commission to allow stock trading through its blockchain technology, which, if approved, would enable it to diversify beyond cryptocurrencies and compete with other stock trading platforms.

Additionally, the GENIUS Act bill, which aims to establish a regulatory framework for the use of Stablecoin, has been approved by senators. If passed into law, this bill could further promote the use of cryptocurrency in the markets and challenge traditional payment providers.

Analysts have also shown optimism towards Coinbase's future. Bernstein raised its price target on Coinbase to $510, the highest on the Street, while JMP Securities reiterated its Market Outperform rating and $400 price target on the company. These positive outlooks, combined with the company's strategic initiatives, have contributed to the recent investor confidence in Coinbase.