Wall Street investment bank Bernstein recently projected that the current crypto bull cycle, driven by stablecoin growth and tokenized securities, will continue until 2026. The firm also upgraded Robinhood's stock price target to $105, anticipating a threefold increase in its crypto trading volume by next year.
Robinhood’s Crypto Trading Volume Expected to Triple
As a retail-focused trading platform, Robinhood currently derives 60% of its transaction revenue from non-crypto assets like stocks and options, with crypto trading accounting for the remaining 40%. Bernstein analysts predict this ratio will shift significantly:
"A favorable U.S. regulatory environment will enable Robinhood to aggressively expand its crypto revenue streams."
Key factors driving this growth include:
- Rising institutional adoption of cryptocurrencies.
- Broader acceptance of stablecoins and tokenized assets.
- Increased retail investor participation in crypto markets.
Bitcoin’s Path to $200,000
Bernstein reaffirmed its bullish outlook on Bitcoin, citing the "Infinity Age" of crypto—a phase marked by seamless integration into mainstream finance. The bank highlighted:
- Corporate adoption: MicroStrategy’s Bitcoin strategy is expected to inspire more enterprises to follow suit, with inflows potentially reaching $50 billion by 2025.
- Sovereign interest: Growing discussions around national Bitcoin reserves could propel BTC to $200,000 by year-end.
- Institutional demand: Bitcoin’s role as a treasury asset is gaining traction among banks and corporations.
👉 Why Bitcoin’s $200K target is within reach
FAQs
1. How long will the crypto bull run last?
Bernstein estimates the cycle will extend until 2026, fueled by stablecoin expansion and tokenization trends.
2. What’s driving Robinhood’s crypto growth?
Regulatory clarity and rising retail/institutional demand are key catalysts for Robinhood’s projected threefold increase in crypto trading volume.
3. Why is Bernstein so bullish on Bitcoin?
The firm cites corporate adoption, sovereign interest, and Bitcoin’s evolving role in global finance as primary drivers.
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Market Outlook
Despite recent volatility, Bernstein remains confident in crypto’s long-term trajectory. The convergence of traditional finance and blockchain technology underscores the sector’s maturation—a theme likely to dominate the 2024–2026 cycle.
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