Wall Street company Bernstein expects the Crypto Bull market to run longer than previously assumed, potentially peaking in 2027 instead of 2025-26, with it better than Robinhood (HOOD)Coinbase (COIN)and circle (CRCL) All for the benefit, the broker said in a report Tuesday.
Bernstein raised his Robinhood price target for $ 160 from $ 105. The shares were slightly changed at about $ 115 upon publication time.
Analysts led by Gautam Chhugani now see that Bitcoin is hitting $ 150,000- $ 200,000 within the next year, but think the rally will expand to ether (Eth)Solana
and decentralized funding (Defi) Tokens, location of coinbase as the most important receiver.
Falling rates at the end of 2025 could increase the demand for the effort and benefit of the chain, while the Ether and Solana-based Treasury Strategies can repeat strategy (Mstr) Bitcoin games, but with extra yield, the analysts wrote.
Bernstein expects trading quantities to rise to 2026 and top in 2027, as they are already visible in Robinhood and Coinbase activity and an increase in USDC supply.
Coinbase’s expansion in derivatives and Circle’s growing USDC venue, which is expected to reach $ 173 billion in 2027, supports the broker’s bullish vision.
Robinhood’s diversified model is expected to deliver a 53% earnings per year. Stock (EPS) Relationship annual growth speed (CAGR) Through 2027, which supports its upgraded valuation multiple, the report added.
Read more: Coinbase becomes a large Ethereum-focused player, says Bernstein
