Can Coinbase Reach a $1 Trillion Market Cap?

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Coinbase has shown remarkable growth and potential, but it might just be getting started.

Over the last few years, Coinbase Global (COIN 4.93%) has established itself as one of the premier players in the cryptocurrency market. As the largest cryptocurrency exchange in the United States and one of the most well-known globally, Coinbase’s influence and reach in the crypto industry are undeniable.

The question now is whether Coinbase can reach a $1 trillion market cap. For Coinbase to achieve this milestone, it would need to jump another 1,400% from its current valuation. But with a little digging, it becomes clear that it might just be able to pull it off.

Image source: Getty Images.

Coinbase’s roots and history of growth

To understand Coinbase’s potential future, we must examine its past and proven history of growth. Founded in 2012 by Brian Armstrong and Fred Ehrsam, Coinbase has been at the forefront of the cryptocurrency…

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