🚀 Circle (CRCL) Hits All-Time High After GENIUS Act Passes
Circle surged 34% to a record high after the U.S. Senate passed the GENIUS Act — a major step toward clear stablecoin regulation. The bill boosts confidence in U.S.-backed crypto infrastructure and helped fuel Circle’s blowout IPO, which now has investors eyeing the next wave of crypto public listings.
📈 Coinbase, Robinhood, and other crypto stocks rallied too, riding the momentum.
Is this real investor demand — or just short-term hype?
Circle’s strong revenue from $USDC reserves suggests long-term potential, but the market could cool if the House stalls or valuations get stretched.
💬 Who’s next? We might see IPOs from crypto infrastructure firms, wallets, or DeFi platforms soon.
How are you reading this? Structural shift or another hype cycle?
