Coinbase May Be Outperforming the Stock Market
If Nasdaq looks like a sure bet right now as it beats the other US indices, Coinbase should look even better thanks to its gains this year, fueled by high transaction fees.
Coinbase is actually making more than Nasdaq this year because of those fees. The transaction revenue for the year for the cryptocurrency exchange is $5.75 billion. Compare that to the stock market index Nasdaq, which “only” brought in $4.54 billion” over the last 12 months. This makes them the leading crypto exchange and one of the leading exchanges for any market and any commodity. They do fall behind the New York Stock Exchange (NYSE) and the London Stock Exchange (LSE) in total revenue, though. Not of those made close to $10 billion this year.
Broker | Review | Regulators | Min Deposit | Website | |
---|---|---|---|---|---|
🥇 | ![]() | Read Review | FCA, CySEC, ASIC, MAS, FSA, EFSA, DFSA, CFTC | USD 100 | Visit Broker |
🥈 | ![]() | Read Review | FSCA, FSC, ASIC, CySEC, DFSA | USD 5 | Visit Broker |
🥉 | ![]() | Read Review | CySEC, MISA, FSCA | USD 25 | Visit Broker |
4 | ![]() | Read Review | ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB | USD 200 | Visit Broker |
5 | ![]() | Read Review | ASIC, FCA, CySEC, SCB | USD 100 | Visit Broker |
6 | ![]() | Read Review | FCA, FSCA, FSC, CMA | USD 200 | Visit Broker |
7 | ![]() | Read Review | BVI FSC | USD 1 | Visit Broker |
8 | ![]() | Read Review | CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA | USD 10 | Visit Broker |
9 | ![]() | Read Review | ASIC, CySEC, FSCA, CMA | USD 100 | Visit Broker |
10 | ![]() | Read Review | IFSC, FSCA, ASIC, CySEC | USD 1 | Visit Broker |
Data culled from Coutts banking service says that $51.27 billion in revenue comes from all stock exchanges, crypto exchanges and digital asset exchanges. For Coinbase to be pulling in more than 10% is astounding and certainly sets them apart in the word of monetary exchanges. The closest comparison we can make would be to compare them to PayPal, which has taken a lion’s share of the digital transfer and payment market, outstripping the competitors by a large margin.
Coinbase does not beat many of its competing exchanges in total number of transactions, however, the fees they charge are high enough to push them over the top when it comes to looking at just the revenue figures. If the metrics were the number of transactions or overall popularity based on the number of users, then Coins might not come out on top, but the hard revenue figures make it worth looking at for investors.
Coinbase Stock Outlook
Coinbase is a publicly traded company, under the stock symbol COIN, and they are currently selling shares at $264. That is up by 69% from the starting price of $156 for the beginning of 2024. The company has done remarkably well this year, and not just on the stock exchange.
Most of their progress can be attributed to the surge in crypto trading that occurred late in the year, following the November US presidential elections. The company’s stock price soared from $186 to $324 per share once the election results came in and Bitcoin began trading at a record high.
We would recommend Coinbase as a company to invest in since Bitcoin and other cryptos are expected to climb once more as soon as Donald Trump is officially in office, and then again once he starts to enact some of the pro-cryptocurrency plans he has been working on.

Sidebar rates
Related Posts
