Ethereum News Today: Coinbase Sees 40% Fee Surge as Ethereum Gains 80% in Three Months

Coinbase is set to benefit from Ethereum's recent price surge, which has reached multi-year highs, drawing renewed attention from both retail and institutional investors. According to Bernstein analysts, the exchange stands to gain from increased trading and staking activities as Ethereum and altcoins gain momentum. The price of ETH has risen over 80% since early June, reaching levels not seen since 2021, driving a 40% increase in trading fees on Coinbase in July [3]. This uptick is attributed to heightened interest in Ethereum-based tokens and the growing adoption of staking services, a core offering for Coinbase [1].

The rally has also led to a broader shift in investor behavior, with ether ETFs seeing larger inflows than bitcoin ETFs, signaling a growing appetite for altcoins [10]. This shift has been supported by Coinbase’s extensive token offerings and robust staking infrastructure, which allow users to earn rewards by locking their ETH. The exchange earns a share of these staking payouts, providing a secondary source of revenue beyond traditional trading fees.

Coinbase’s position as the operator of Base, a major Ethereum Layer 2 solution, further strengthens its advantage in the altcoin season [7]. The platform’s ease of use and broad token support have attracted a growing number of traders seeking exposure to a wider range of assets beyond Bitcoin. Bernstein analysts have highlighted that Coinbase’s annualized revenue from Ethereum-related activities could reach $75 million, underscoring its expanding role in the crypto ecosystem [6].

The ongoing rally has also been influenced by broader macroeconomic and geopolitical factors, including rapid U.S. debt expansion and regulatory developments. These trends have supported sustained investor interest in both Bitcoin and Ethereum, with ether currently trading above $4,000 [3]. If the alt season continues, Coinbase could see further growth in user engagement and new account sign-ups, particularly as traders explore smaller-cap coins.

The combination of Ethereum’s price surge, increased staking participation, and strong altcoin performance positions Coinbase to see a significant boost in trading volume and revenue. As the market continues to evolve, the exchange remains well-positioned to capitalize on the broader momentum driving the crypto market [1].

Sources:

[1] Ethereum News Today: Coinbase Gains 4% on Bernstein Report

https://www.ainvest.com/news/ethereum-news-today-coinbase-gains-4-bernstein-report-backing-ethereum-exposure-2508/

[3] Ethereum’s 80% Rally Sets Off Wave of Corporate and Investor Interest

https://coindoo.com/ethereums-80-rally-sets-off-wave-of-corporate-and-investor-interest/

[6] Coinbase Emerges as Major Ethereum Player With $75M Revenue Run Rate

https://yellow.com/news/coinbase-emerges-as-major-ethereum-player-with-dollar75m-revenue-run-rate-bernstein-reports

[7] Bernstein: "Ethereum (ETH) and Altcoin Rally Has Started, This Company Will Benefit the Most from the Rally"

https://en.bitcoinsistemi.com/bernstein-ethereum-eth-and-altcoin-rally-has-started-this-company-will-benefit-the-most-from-the-rally/

[10] Crypto Market Today

https://www.cnbc.com/2025/08/11/crypto-market-today.html