Coinbase Stocks Surge on Expanding Crypto Volumes and Regulatory Improvements

Coinbase Global Inc stocks have been on an upward trend, rising by 5.87% amidst bullish sentiment driven by expanding crypto trading volumes.

Goldman Sachs has increased its COIN price target to $196 from $173 and maintained a Buy rating, citing structural growth and improving regulatory conditions.

Coinbase is launching tokenized U.S. equities on its Base chain with Chainlink oracles, enabling DeFi lending, borrowing, and trading in eligible non-U.S. markets.

The company's Business payments suite is expanding, serving over 5,000 companies and processing more than 100,000 payments, while also introducing AI-driven crypto payments, reusable links, and broader USDT support.