币界网报道:Coinbase (COIN) shares surged 43% in June, marking the best monthly performance in the S&P 500 since joining the index late last month. The stock peaked at $382 this week before settling at $353, still near its highest level since its IPO. The broader S&P 500 gained 5% amid easing geopolitical tensions. Regulatory progress on the GENIUS Act, Congress’s stablecoin framework, shifted investor focus toward stablecoin revenue. Circle’s market cap neared Coinbase’s as its shares hit record highs. Analysts note Coinbase retains all yield from USDC balances on its platform and nearly half of other USDC income, capturing 99% of Circle’s revenue. Trading volumes on Coinbase, however, remain subdued since April.