Coinbase (COIN) stock rallied 8% after Goldman Sachs upgraded the shares to “Buy” and raised its price target to $303, citing strong growth prospects across crypto infrastructure, tokenization, and prediction markets.Coinbase (COIN) stock rallied 8% after Goldman Sachs upgraded the shares to “Buy” and raised its price target to $303, citing strong growth prospects across crypto infrastructure, tokenization, and prediction markets.
Coinbase Shares Jump 8% After Goldman Sachs Upgrade
News Brief
Coinbase (COIN) stock rallied 8% after Goldman Sachs upgraded the shares to “Buy” and raised its price target to $303, citing strong growth prospects across crypto infrastructure, tokenization, and prediction markets.
Summary
Coinbase (COIN) stock rallied 8% after Goldman Sachs upgraded the shares to “Buy” and raised its price target to $303, citing strong growth prospects across crypto infrastructure, tokenization, and prediction markets.
What Goldman Sachs Highlighted
- Crypto infrastructure expansion
Coinbase is increasingly positioned as a core platform for custody, trading, settlement, and compliance.
- Tokenization tailwinds
Growth in tokenized assets and on‑chain settlement could drive higher institutional usage and fee generation.
- Prediction markets opportunity
New market categories may add incremental revenue streams beyond spot trading.
Goldman’s upgrade reflects confidence in Coinbase’s ability to diversify beyond transaction‑driven revenue.
Why the Market Reacted Strongly
- Validation from a top investment bank
- Improved outlook for long‑term, recurring revenues
- Re‑rating potential as Coinbase evolves into a crypto financial infrastructure company, not just an exchange
The move suggests investors are increasingly pricing Coinbase as a platform business rather than a cyclical trading play.
Broader Implications
- Reinforces institutional conviction in public crypto equities
- Highlights growing interest in on‑chain financial primitives
- Signals that Wall Street is factoring crypto infrastructure growth into traditional equity models
Bottom Line
Coinbase’s 8% rally following Goldman Sachs’ upgrade to “Buy” and a $303 price target underscores rising confidence in the company’s role at the center of crypto infrastructure, tokenization, and emerging on‑chain markets.
Disclaimer: The articles published on this page are written by independent contributors and do not necessarily reflect the official views of MEXC. All content is intended for informational and educational purposes only and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC. Cryptocurrency markets are highly volatile — please conduct your own research and consult a licensed financial advisor before making any investment decisions.
You May Also Like
The Channel Factories We’ve Been Waiting For
The post The Channel Factories We’ve Been Waiting For appeared on BitcoinEthereumNews.com. Visions of future technology are often prescient about the broad strokes while flubbing the details. The tablets in “2001: A Space Odyssey” do indeed look like iPads, but you never see the astronauts paying for subscriptions or wasting hours on Candy Crush. Channel factories are one vision that arose early in the history of the Lightning Network to address some challenges that Lightning has faced from the beginning. Despite having grown to become Bitcoin’s most successful layer-2 scaling solution, with instant and low-fee payments, Lightning’s scale is limited by its reliance on payment channels. Although Lightning shifts most transactions off-chain, each payment channel still requires an on-chain transaction to open and (usually) another to close. As adoption grows, pressure on the blockchain grows with it. The need for a more scalable approach to managing channels is clear. Channel factories were supposed to meet this need, but where are they? In 2025, subnetworks are emerging that revive the impetus of channel factories with some new details that vastly increase their potential. They are natively interoperable with Lightning and achieve greater scale by allowing a group of participants to open a shared multisig UTXO and create multiple bilateral channels, which reduces the number of on-chain transactions and improves capital efficiency. Achieving greater scale by reducing complexity, Ark and Spark perform the same function as traditional channel factories with new designs and additional capabilities based on shared UTXOs. Channel Factories 101 Channel factories have been around since the inception of Lightning. A factory is a multiparty contract where multiple users (not just two, as in a Dryja-Poon channel) cooperatively lock funds in a single multisig UTXO. They can open, close and update channels off-chain without updating the blockchain for each operation. Only when participants leave or the factory dissolves is an on-chain transaction…
Share
BitcoinEthereumNews2025/09/18 00:09
‘Sinners’ Earns 16 Oscar Nominations, Shattering All-Time Record
The post ‘Sinners’ Earns 16 Oscar Nominations, Shattering All-Time Record appeared on BitcoinEthereumNews.com. Topline “Sinners” shattered a 75-year-old record
Share
BitcoinEthereumNews2026/01/23 02:34
‘Return To Silent Hill’ Is The Worst-Reviewed Video Game Movie In 19 Years
The post ‘Return To Silent Hill’ Is The Worst-Reviewed Video Game Movie In 19 Years appeared on BitcoinEthereumNews.com. Return to Silent Hil Return to Silent Hil
Share
BitcoinEthereumNews2026/01/23 02:19