Crypto Bull Run to 2026: Robinhood's Crypto Volume to Triple
Crypto Bull Run Expected to Continue Until 2026, Robinhood Crypto Trading Volume Set to Surge
In a recent report, Bernstein analysts have predicted a prolonged crypto bull market, with the current trend expected to continue until 2026. This optimistic outlook is driven by the anticipated growth and development of stablecoins and security tokenization in the cryptocurrency market.
Bernstein's bullish stance on cryptocurrencies is further supported by the impressive financial performance of Robinhood, a popular retail trading platform. The company's recent earnings report has led Bernstein analysts to significantly raise their target stock price for Robinhood, nearly doubling it to $105 per share.
Robinhood's crypto trading volume is expected to experience explosive growth in the coming years, with Bernstein predicting a significant increase in the platform's cryptocurrency revenue. Currently, non-crypto asset trading, such as stocks and options, accounts for 60% of Robinhood's trading revenue, while crypto trading makes up the remaining 40%. However, Bernstein anticipates that this ratio will reverse in the near future, with crypto trading volume on the Robinhood platform expected to triple by 2026.
