Coinbase Trading Volume Surges 329.55% to $9.803 Billion Securing Fourth Spot in Daily Rankings

On June 18, 2025, Coinbase Global (COIN) experienced a significant surge in trading volume, reaching $9.803 billion, marking a 329.55% increase from the previous day. This surge propelled Coinbase to the fourth position in terms of trading volume among all stocks traded that day. The stock price of Coinbase Global (COIN) rose by 16.27%.

Coinbase's stock price surged past a key buy point following positive news related to stablecoins and the Senate's passage of the GENIUS bill. The stablecoin market cap has reached a record high, driven by increased demand and regulatory clarity. This development is expected to boost the adoption of stablecoins, which could positively impact Coinbase's business as it facilitates the trading of these digital assets.

The Senate's passage of the GENIUS bill is another significant factor contributing to the rise in Coinbase's stock price. The bill aims to provide a regulatory framework for digital assets, which could reduce uncertainty and foster growth in the cryptocurrency industry. This regulatory clarity is likely to benefit Coinbase, as it operates in a highly regulated environment and could see increased institutional investment in digital assets.