币界网报道：On June 28, Coinbase was the best performing stock in the S&P 500 in June, thanks to positive regulatory updates, product launches, and inclusion in the benchmark index in late May. Coinbase is now on track for its best monthly performance since November, its third consecutive month of gains (up 43% in June alone), and its first three-month winning streak since the end of 2023. On Thursday, the stock hit its highest level since its 2021 initial public offering (IPO). Oppenheimer analyst Owen Lau said that Coinbase's inclusion in the S&P 500, the Senate's passage of the GENIUS Act, and Circle's strong performance have refuted the false narrative against Coinbase, leading to an awakening. The two main factors that previously hindered Coinbase's development - fee compression issues (which did not actually happen, instead, Coinbase continued to be profitable and therefore became part of the S&P 500) and regulatory uncertainty - are dissipating. While most people thought that Congress would have difficulty reaching a consensus, the passage of the GENIUS Act is now a fact. Although Coinbase’s stock has surged 44% this month, Devin Ryan, head of fintech research at Citigroup, still sees further upside potential, noting that the market has yet to fully appreciate the close partnership between Coinbase and Circle Internet Group, whose shares have surged more than 500% since its June 5 IPO on the New York Stock Exchange.