The Action Of The Crypto Exchange Coinbase Is Breaking Records!

For several weeks, Coinbase (COIN) stock has been on the rise, reaching an all-time high of $382 before closing at $369.21. This surge is no accident: it reflects both a major regulatory shift in the United States and the profound strategic transformation undertaken by the crypto company, determined to become one of the pillars of global digital finance.

COIN stock soars to new heights

Coinbase stock (Nasdaq: COIN) delivered a spectacular performance on Thursday, reaching a historic high of $382 during the session.

It closed at $369.21, representing a 43% increase since the start of 2025. This growth reflects a marked resurgence of investor confidence.

This upward momentum largely relies on recent legislative developments in the United States. The bill called the “Guiding and Establishing National Innovation for US Stablecoins Act” — or GENIUS Act — was passed by the Senate on June 17. It now awaits approval from the House of Representatives.

Additionally, another major piece of legislation, the Digital Asset Market CLARITY Act, could soon define a clear framework for cryptocurrency regulation in the United States.

For Coinbase, these advances represent a strategic turning point. The company holds a central position in the American crypto ecosystem: it is both the largest exchange platform in the country and the main distributor of USDC, the world’s second largest stablecoin after Tether.

This dual role gives it a decisive competitive edge at a time when the United States is moving towards a more favorable regulatory environment.

According to Yahoo Finance, this stock surge is part of a broader trend. Analysts expect a legal framework to finally stabilize. This prospect could unlock billions of institutional investments previously held back by legal uncertainty.

Coinbase reinvents itself as infrastructure of the future

Beyond regulatory advances, Coinbase is undergoing a fundamental strategic transformation. The company no longer limits itself to its role as an exchange: it is now establishing itself as a key Web3 infrastructure, with the bold ambition to reshape the contours of decentralized finance.

This transformation is exemplified by a series of ambitious technical initiatives. The recent launch of the “wrapped” versions of Cardano (cbADA) and Litecoin (cbLTC) on Base, the internally developed Ethereum layer-2 network, is a perfect example.

This solution facilitates interoperability between blockchains and allows users to activate their assets on DeFi without the usual technical limitations.

This strategy builds on the prior success of cbBTC, already backed by over 45,000 bitcoins in reserve. It fits into a coherent vision: connecting all assets to the Ethereum ecosystem via secure, liquid, and easily integrable solutions.

The acquisition of Deribit for $2.9 billion further reinforces this momentum. By acquiring the world’s leading crypto options platform — with over $1.2 trillion in volume traded in 2024 — Coinbase gains a strategic lever: derivatives products, rapidly expanding due to rising institutional investor interest.

Finally, Coinbase’s historic entry into the S&P 500 in May 2025 crowns this evolution. Never before has a company from the crypto universe reached such a level. This inclusion results in automatic integration into passive investors’ portfolios and strengthens the company’s legitimacy with traditional markets. It thus paves the way for broader institutional adoption, consolidating Coinbase’s position as a pillar of the new digital financial order.