SoFi Stock Extends Gains on Bold Crypto and Global Plans, Investors Target ATH

Quick overview

SoFi Technologies (NASDAQ: SOFI) surged another 10%, signaling robust investor confidence in its expanding digital finance and crypto services.

SoFi Stock Soars 10% on Expanding Crypto and Digital Services Strategy

SoFi Technologies, Inc. (NASDAQ: SOFI) delivered another eye-catching rally today, jumping +10% to close at $18.84. This move builds on last week’s 13% surge, highlighting the company as one of the fintech sector’s hottest growth stories. The stock opened with a bullish gap and maintained upward momentum throughout the day, capping a remarkable rally since its April lows of $8.63.

Over the last 12 months, SoFi shareholders have enjoyed an extraordinary total return of 185.38%, showcasing exceptional investor faith in the company’s digital-first financial services platform and its ability to disrupt the traditional banking sector.

SOFI Stock Chart Daily – Breaking Through January’s High

After decisively surpassing the January 2025 peak of $18.42, investors now have their sights set on the all-time high of $28.31 reached in early 2021. The recent technical breakout underscores sustained bullish sentiment and positions SoFi for a potential move toward new highs if momentum continues.

Crypto Relaunch and Expanded Digital Offerings

Fueling the rally, SoFi announced on Thursday it will expand its crypto-powered financial services. Later this year, the company plans to let users buy, sell, and hold cryptocurrencies like Bitcoin and Ethereum directly in the SoFi app.

But the plans go well beyond basic buying and selling: SoFi is preparing to introduce advanced crypto products such as crypto-collateralized loans, staking functionality, and its own stablecoins. This move underscores SoFi’s goal to become a one-stop shop for modern, tech-enabled financial services.

International Expansion in Money Transfers

Alongside its crypto strategy, SoFi is also broadening its traditional banking offerings. Qualified SoFi Money members will soon have access to self-serve international money transfers to dozens of new countries. The SoFi app will automate these transfers completely, offering an intuitive, modern solution that enhances the customer experience.

Strong Long-Term Performance

SoFi’s growth trajectory has been striking not just this year but over multiple years. The company has delivered a total return of 190.25% over the last three years, reflecting sustained investor confidence in its expanding suite of services and overall business model.

Looking Ahead

The stock’s powerful rally suggests that investors believe SoFi can continue to take market share from traditional banks and competitors. The company’s focus on next-generation crypto services and global money movement positions it well in a world of increasingly digital finance. If SoFi continues to execute on its ambitious product roadmap, it may not be long before the stock challenges its previous all-time highs once again.

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Skerdian Meta

Lead Analyst

Skerdian Meta Lead Analyst. Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.

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