Odaily Planet Daily News Investment bank Bernstein released its latest research report, saying that the cryptocurrency bull market is expected to continue until 2026, and this growth will be driven by stablecoins and securities tokenization. Robinhood's cryptocurrency trading volume will reach three times that of 2024 in 2026.
The research report pointed out that currently 60% of Robinhood's trading revenue comes from non-crypto assets (stocks and options, etc.) and 40% comes from cryptocurrencies. This ratio is expected to reverse between 2025 and 2026. In addition, Morgan Stanley has previously stated that the improvement of the US regulatory environment will enable Robinhood to "more actively participate" in the crypto business. Influenced by the good news, Bernstein nearly doubled Robinhood's target share price to $105. (DL News)