Bank of America upgrades Coinbase stock, anticipating growth in crypto adoption and expanded product offerings.Bank of America upgrades Coinbase stock, anticipating growth in crypto adoption and expanded product offerings.

Bank of America Upgrades Coinbase, Highlights Growth Prospects

What to Know:
  • Bank of America upgrades Coinbase to buy, citing growth potential.
  • Anticipates a 38% upside in Coinbase stock price.
  • Supports U.S. market growth for cryptos and tokenization.

On January 8, 2026, Bank of America upgraded Coinbase stock to a buy rating, citing potential growth from product expansion and Base L2 network, promising a 38% upside.

This upgrade highlights increasing confidence in Coinbase’s capabilities amid expanding crypto adoption, potentially influencing other assets like ETH and sparking interest in the prospective Base token.

Bank of America Projects 38% Coinbase Stock Upside

Bank of America recently upgraded its rating on Coinbase’s stock, shifting from neutral to buy. This decision follows predicted growth opportunities amid expanding crypto adoption and product offerings.

Analysts at Bank of America, Craig Siegenthaler and Jason Kupferberg, led this upgrade. Their decision underscores expectations for expansion on Coinbase’s Base L2 network and tokenization projects.

Positive Market Sentiment Following BOA Upgrade

The Bank of America upgrade forecasted a 38% stock price increase for Coinbase. This news has driven positive market sentiment, particularly among investors in the cryptocurrency sector. Matthew Sigel, Head of Digital Asset Research at VanEck, shared:

The expected U.S. regulatory tailwinds under current administration are poised to foster a supportive environment for Coinbase, boosting its potential as a comprehensive financial platform.

Previous Analyst Upgrades Propel Coinbase’s Growth

Similar analyst upgrades by Goldman Sachs and others recently impacted Coinbase’s stock, highlighting its strong position in the cryptocurrency market and potential for market share growth in 2025.

Based on historical trends and expert analysis, Coinbase is seen as a strategic key player in expanding the cryptocurrency infrastructure, with possible increased institutional adoption in the near future.

Disclaimer: The information on this website is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets are volatile, and investing involves risk. Always do your own research and consult a financial advisor.
Market Opportunity
Lorenzo Protocol Logo
Lorenzo Protocol Price(BANK)
$0.04602
$0.04602$0.04602
+0.61%
USD
Lorenzo Protocol (BANK) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content 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.

You May Also Like

XRP Whales Accumulate as Retail Pulls Back — Bullish Signal Ahead

XRP Whales Accumulate as Retail Pulls Back — Bullish Signal Ahead

The post XRP Whales Accumulate as Retail Pulls Back — Bullish Signal Ahead appeared on BitcoinEthereumNews.com. XRP Whales Are Accumulating Again — A Setup That
Share
BitcoinEthereumNews2026/01/12 18:50
An Exciting New Chapter For Investors

An Exciting New Chapter For Investors

The post An Exciting New Chapter For Investors appeared on BitcoinEthereumNews.com. Coinbase BARD Listing: An Exciting New Chapter For Investors Skip to content Home Crypto News Coinbase BARD Listing: An Exciting New Chapter for Investors Source: https://bitcoinworld.co.in/coinbase-bard-listing-unveiled/
Share
BitcoinEthereumNews2025/09/19 02:10
Headwind Helps Best Wallet Token

Headwind Helps Best Wallet Token

The post Headwind Helps Best Wallet Token appeared on BitcoinEthereumNews.com. Google has announced the launch of a new open-source protocol called Agent Payments Protocol (AP2) in partnership with Coinbase, the Ethereum Foundation, and 60 other organizations. This allows AI agents to make payments on behalf of users using various methods such as real-time bank transfers, credit and debit cards, and, most importantly, stablecoins. Let’s explore in detail what this could mean for the broader cryptocurrency markets, and also highlight a presale crypto (Best Wallet Token) that could explode as a result of this development. Google’s Push for Stablecoins Agent Payments Protocol (AP2) uses digital contracts known as ‘Intent Mandates’ and ‘Verifiable Credentials’ to ensure that AI agents undertake only those payments authorized by the user. Mandates, by the way, are cryptographically signed, tamper-proof digital contracts that act as verifiable proof of a user’s instruction. For example, let’s say you instruct an AI agent to never spend more than $200 in a single transaction. This instruction is written into an Intent Mandate, which serves as a digital contract. Now, whenever the AI agent tries to make a payment, it must present this mandate as proof of authorization, which will then be verified via the AP2 protocol. Alongside this, Google has also launched the A2A x402 extension to accelerate support for the Web3 ecosystem. This production-ready solution enables agent-based crypto payments and will help reshape the growth of cryptocurrency integration within the AP2 protocol. Google’s inclusion of stablecoins in AP2 is a massive vote of confidence in dollar-pegged cryptocurrencies and a huge step toward making them a mainstream payment option. This widens stablecoin usage beyond trading and speculation, positioning them at the center of the consumption economy. The recent enactment of the GENIUS Act in the U.S. gives stablecoins more structure and legal support. Imagine paying for things like data crawls, per-task…
Share
BitcoinEthereumNews2025/09/18 01:27