SoFi Technologies Stock Surges 19.80% in a Week, Trading Volume Ranks 18th in Market

On June 30, 2025, SoFi Technologies (SOFI) experienced a significant surge, with its stock price rising by 6.00% and marking a six-day consecutive increase, resulting in a total gain of 19.80% over the past week. The company's trading volume reached 26.58 billion, making it the 18th highest in the market that day.

SoFi Technologies has made a significant move by reintroducing crypto investing on its platform, which has been a major driver for its recent stock performance. The company is also expanding its blockchain technology initiatives, aiming to facilitate cross-border money transfers using blockchain. This strategic shift is expected to enhance SoFi's competitive edge in the financial services sector and attract more investors interested in the growing crypto market.

Additionally, SoFi's stock has been buoyed by broader market trends and investor optimism about the potential for interest rate cuts, which could benefit the company's financial performance. The combination of these factors has contributed to SoFi's recent stock price appreciation and its new 52-week high.