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**Experts Foresee a 69% Increase in Coinbase Shares Due to Several Reasons**
* Coinbase shares have encountered considerable declines, mirroring other high-volatility assets.
* Bernstein anticipates that Coinbase will surpass rivals because of its leading status.
Bernstein, in a research paper issued on Tuesday, mentioned that Coinbase is prepared to arise from its decline since its peak in December of the previous year. Stoke Therapeutics Shares Drop as Head Leaves
Bernstein predicts a considerable 40% rise in Coinbase’s income by the close of 2026, with its share value growing 69% to $310.
Bernstein experts Gautam Chhugani, Mahika Sapra, and Sanskar Chindalia wrote in the paper that Coinbase is “very likely to be a main recipient of the Trump administration’s plan to develop the U.S. into a global crypto center.”
To accomplish this, President Donald Trump has promised to relax cryptocurrency rules in the U.S., assign industry-supportive nominees to key roles, and issue a sequence of executive orders backing cryptocurrency.
Bernstein thinks Trump’s strategies will boost the entire sector forward and push Bitcoin’s value to $200,000 next year.
**”The Amazon of Crypto”**
Bernstein stated that Coinbase, because of its status as “the Amazon of crypto,” providing a comprehensive store for crypto services beyond just trading, will be a key recipient of these advantageous regulatory strategies.
Chhugani, Sapra, and Chindalia added that this makes Coinbase the favored partner for traditional organizations in the U.S. crypto field.
Eight out of 11 asset management companies, including BlackRock, have opted to collaborate with Coinbase to custody their spot Bitcoin exchange-traded products.
Bernstein mentioned that Coinbase is the market frontrunner, holding a 66% market share in the U.S.
The U.S. Securities and Exchange Commission has agreed in general to dismiss its legal action against Coinbase.
**Growing Rivalry**
Certainly, Coinbase is not the sole firm that could gain from Trump’s supportive strategies.
The U.S. Regulatory Commission (SEC) has been retreating from lawsuits against Coinbase’s competitors, such as Kraken, Gemini, and Robinhood.
The SEC also revoked Staff Accounting Bulletin (SAB) 121, a regulation that made it difficult for American firms to possess crypto, paving the way for banks and others to seize market share.
Analysts Chhugani, Sapra, and Chindalia observed the emergence of new broker-dealers, with Robinhood appearing as a formidable competitor.
Robinhood, which has been providing crypto services since 2018, experienced a 700% increase in its crypto business last quarter, which now makes up about half of its transaction income.
Johann Kerbrat, Robinhood’s crypto director, stated in January that they aspire to be a significant participant.
Analysts appear to concur. Morgan Stanley stated in February that Robinhood could utilize its brand and compliance history to capture market share. Bernstein also thinks that Robinhood’s crypto business will increase its stock value.
Bernstein also emphasized that Binance, a significant Coinbase rival, may broaden its services in the United States.
The Wall Street Journal reported last week that Binance is in discussions with Donald Trump’s family to sell a portion of its U.S. business and perhaps obtain a pardon for founder Changpeng Zhao. Zhao has refuted any talks for a Binance U.S. agreement or a pardon.
Coinbase is presently trading at $181.40, down approximately 52% from its 52-week high of $349.75 on December 6.
Andrew Flanagan is a market journalist for DL News.
