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Circle stock targets 45% surge as USDC nears key $80 billion milestone

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circle stock

Circle stock price is in a strong bull run this month, reaching its highest level since November last year, and this trend may continue as the market capitalization of the USDC stablecoin nears an $80 billion milestone.

Summary

  • Circle stock price continued its strong bull run this week.
  • The USDC market capitalization is nearing the important $80 billion milestone.
  • Technical analysis points to a surge to $174.8, up by 45% from the current level.

CRCL stock jumped to $122.55, up by 147% from its lowest point this year, with its market capitalization jumping to over $30 billion.

There are signs that Circle’s business is thriving as demand for its stablecoin jumps. The supply of all USD Coin (USDC) tokens has jumped to over $79.8 billion, a $10 billion increase from the lowest point last month.  

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More data shows that USDC has become the most used stablecoin in the industry. Its volume jumped to nearly $6 trillion in the last 30 days, much higher than USDT’s $1.1 trillion.

Soaring USDC supply is important for Circle because of its business model. It makes most of its revenue by investing its USDC holdings into short-term government bonds, which are now yielding about 3.5%. 

Government bond yields will likely remain elevated for a while as the Federal Reserve is unlikely to cut interest rates several times this year because of the ongoing Iran war. This war will push inflation much higher than where they are today as energy and transport prices soar.

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The most recent numbers showed that Circle’s business continued thriving in the last quarter of last year, with its revenue rising by 77% to $770 million and its EBITDA moving to $167 million.

In addition to this, Circle Payment Network is seeing more user adoption as it has gained 55 partners, and more are coming up. This solution has the ability to disrupt the Swift Network, which moves trillions of dollars annually. It leverages the USDC stablecoin to save money and ensure instant payouts.

Circle stock price prediction: Technical analysis 

circle stock
CRCL stock chart | Source: crypto.news 

The daily chart shows that the CRCL stock price has rebounded this month. It has already jumped above the 23.6%Fibonacci Retracement level, which is drawn by connecting its highest and lowest levels on record.

The stock has jumped above the 50-day Exponential Moving Average, while the Supertrend indicator has turned green. The Average Directional Index has moved to 40, a sign that the upward momentum is accelerating.

Therefore, the stock will likely continue rising as bulls target the 50% Fibonacci Retracement level at $174, which is about 45% above the current level.

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Crypto World

VanEck Crypto ETPs Reach 401(k) Investors via Basic Capital

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VanEck Crypto ETPs Reach 401(k) Investors via Basic Capital

VanEck has made some of its digital asset exchange-traded products (ETPs) available to 401(k) holders in the United States, signaling a push to integrate crypto-focused investments into traditional retirement accounts.

On Wednesday, the fund issuer said a selection of its digital asset ETPs will be offered through Basic Capital, a fintech platform that provides employer-sponsored 401(k) plans.

The companies did not specify which VanEck digital asset ETPs will be available on the platform. Within crypto, VanEck is best known for the VanEck Bitcoin Trust (HODL) and the VanEck Ethereum Trust (ETHV), its spot Bitcoin (BTC) and Ether (ETH) exchange-traded funds (ETFs).

The asset manager also offers the VanEck Digital Transformation ETF (DAPP), often referred to as its “Onchain Economy” ETF, which invests in companies involved in the digital asset ecosystem. 

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VanEck expanded its crypto product lineup earlier this year by launching a spot Avalanche ETF in the United States. 

The US Department of Labor in May backtracked on previous federal guidance that discouraged 401(k) plan providers from offering crypto among their investment options.

Source: VanEck

Basic Capital was founded in 2021 and raised $25 million in a Series A funding round last year led by venture capital firms Forerunner and Lux Capital. The company’s 401(k) platform gives investors access to alternative assets beyond traditional stocks and bonds.

Related: Ethereum is very much ‘the Wall Street token,’ VanEck CEO says

Policy shift opens retirement plans to alternative assets

The move comes amid growing regulatory momentum to integrate digital assets into traditional retirement planning.

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In August, US President Donald Trump signed an executive order directing federal agencies to expand access to alternative assets in 401(k) plans, including digital assets.

The directive called on agencies such as the Treasury Department and the Securities and Exchange Commission to coordinate on potential rule changes to support the broader adoption of alternative investments in retirement accounts.

The policy shift comes as more Americans rely on workplace retirement plans to build long-term savings.

Employer-sponsored defined contribution plans held about $13.9 trillion in assets as of September, including roughly $10 trillion in 401(k) plans, according to the Investment Company Institute.

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401(k) plans are grouped under Defined Contribution (DC) plans. Source. Investment Company Institute

Separate data from Vanguard’s “How America Saves 2025” report suggests savings rates are also rising. Nearly half (45%) of participants increased their contribution rates in 2024, reflecting the growing use of automatic contribution features in employer plans.

Related: Crypto’s 2026 investment playbook: Bitcoin, stablecoin infrastructure, tokenized assets