On August 25, Coinbase Global, Inc. rose 5.02% in regular trading, reaching $188.45/share with turnover of $1.183 billion, extending what has been its strongest weekly performance in over two years.
The rally is driven by multiple catalysts. Data shows Coinbase captured approximately $1.447 billion in net stablecoin inflows on a single peak day, with Coinbase and Binance together accounting for over half of total market stablecoin inflows — signaling significant incoming buying pressure. Additionally, Coinbase launched tokenized cash equity services on its Layer 2 network Base, allowing users to trade tokens backed by actual listed company shares. Bitwise also introduced automated token portfolios that replicate Coinbase tokenized US stock strategies for eligible non-US users.
The broader momentum stems from Bitcoin posting its best weekly gain since 2024, with President Trump pushing key crypto legislation and the SEC proposing exemptions for certain digital asset issuances. Coinbase accumulated a 26% gain over the prior week as institutional and retail capital continued flowing into digital assets.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)