Coinbase Preps for S&P 500 Entry, Aiming to Reach Trillion-Dollar Valuation

Coinbase is preparing for its inclusion in the S&P 500 index this May, marking a significant milestone for the cryptocurrency industry. Matt Hougan of Bitwise predicts Coinbase could reach a $1 trillion market cap by 2025, citing its dominant position as a leading exchange and growing role in institutional crypto adoption. This move signals substantial market validation for both Coinbase and the broader cryptocurrency sector. The company’s share price surged 18.88%, reflecting investor confidence and strong market reaction.