Crypto stocks have faced significant pressure recently, with many down over 20% from their yearly highs. However, certain stocks show potential for a rebound ahead of the next bull run. Circle (CRCL) is one such stock, having pulled back to $85 from a high of $135. With USDC supply increasing to $80 billion and rising transaction volumes, Circle's revenue is expected to grow from $2.75 billion last year to $4.34 billion next year. Technical analysis suggests it is in the second phase of the Elliot Wave pattern, indicating potential for further growth.
Robinhood (HOOD) is another stock to consider, having dropped over 54% from its 2025 peak. Despite challenges in its crypto business, Robinhood's diversification, including a major deal with the Trump administration and new product launches, positions it for recovery. Its forward price-to-earnings ratio has decreased significantly, suggesting undervaluation.
Lastly, IREN is diversifying into the AI industry, securing a $9.7 billion order from Microsoft. With expected revenue growth from $510 million last year to over $2.95 billion next year, IREN is poised for significant expansion. Other notable stocks include Bitfarms, Coinbase, and BitGo.
Top Crypto Stocks to Watch for the Next Bull Run
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