📈 Coinbase Stock Surges 43% in June, Outperforming S&P 500 🚀
Coinbase (COIN) is on fire — rising **43% in June alone**, topping the entire S&P 500!
🔥 Why?
✅ Progress on the GENIUS Act (stablecoin framework)
✅ Rising interest in on-chain treasury solutions
✅ Market optimism around Coinbase Payments (powered by stablecoins)
This surge puts Coinbase ahead of tech giants and marks a pivotal moment in TradFi embracing crypto infrastructure.
Are investors finally waking up to stablecoin potential?
Note: Based on reporting by Francisco Rodrigues and edited by Cheyenne Ligon, CoinDesk (June 29, 2025).