Circle just broke the TradFi ceiling. The stablecoin king Circle sitting behind USDC went live on NYSE stock exchange and price went 168% hours after getting listed. We haven’t seen something like that very often on TradFi sector.
From IPO price at $31 to closing at $82.23. Circle debut is unheard of. Combining this with the pro-crypto President Trump this looks like golden era for stablecoins.
TradFi Meets DeFi: Circle Stock Price Act Like Crypto
Circle isn’t just conquering crypto space and having $61 billion USDC. They are now the king on Wall Street. Their IPO raise a whopping $1.05 billion, giving them a $6.8 billion valuation. Shares launched at around $69 then peaked over $100 and ultimately closed up at 168% from IPO price.
This is not just a listing to be honest, this is flexin pnl in TradFi.
Circle trading at $85 up from $31 IPO price.
Every investment bank and CEO is staring at this number right now saying "it's go time"
Get ready for an onslaught of crypto IPOs. pic.twitter.com/Qpxm4V42k7
— Yano 🟪 (@JasonYanowitz) June 5, 2025
DISCOVER: Best Meme Coin ICOs to Invest in June 2025
Initially, Circle aimed for $27-8 per share, but its demand was through the roof, so they raised the share count to 34 million.
And still it got blown off, and everything was filled up almost instantly. It looks like the crypto company is very well-welcomed in the TradFi world.
But this is not all. Looks like Ripple and Coinbase might be pointing towards Circle, and weren’t planning to buy them out.
Whether it’s mergers, integration, or just alpha-fueled speculation, everyone is watching.
*RIPPLE IS SAID TO HAVE OFFERED TO BUY STABLECOIN RIVAL CIRCLE
*RIPPLE OFFERED $4B TO $5B FOR CIRCLE: BBG
— db (@tier10k) April 30, 2025
DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025
With $1.6 billion revenue in 2024, compliance in Europe and Asia, and actively lobbying in the U.S., basically, Circle is laying down the blueprint for how crypto should work and doing it legit. Also making a ton of money.
Social media is already calling this a turning point, and it is. Some are comparing Circle’s IPO to Coinbase launch in 2021. Other are calling it “Crypto’s Wall Street moment”.
Either way, this shows that the world is ready for crypto’s transition to the TradFi world, and TradFi benefits from crypto—like a perfect symbiosis.
Is Circle’s IPO the Next Coinbase Moment—or a Signal to Sell Bitcoin?
Why this report matters
Crypto markets just witnessed another major milestone: Circle’s IPO.
The listing was met with feverish demand and a near 200% rally—but is that a bullish endorsement, or déjà vu of… pic.twitter.com/z6Qb3yfJSH
— 10x Research (@10x_Research) June 5, 2025
Circle is proving that a crypto firm can scale, sell, and moonlight all in TradFi’s backyard. And it can do it by playing by their rules.
Is More Crypto Project Going to Follow Circle to TradFi.
As Circle is going to TradFi, many other projects will follow and go there. One of those projects is Solana, which has ETFs that have been approved.
One of the most anticipated launches right now on Solana is a project called SOLAXY. SOLAXY can go parabolic, just like Circle on NYSE, but even wilder, who knows?
It has the potential to go 10x, which, compared to Circle, is peanuts. Imagine. Right now, the project is still in presale, and so far, they have raised more than $44 million.
This is an unimaginable amount of money that can send the project to another universe. There are about 10 days left on the clock before the party hits the market.
You can now secure your coins as cheaply as $0.001746 per coin. Additionally, you can grow your bag by staking your coins for 90% APY.
🚀 $SOLX isn’t just throwing tokens into space.
This tokenomics model is actually structured — and that’s rare for a meme with galaxy vibes.
Here’s the breakdown:🔹 30% — Development
Fueling the ecosystem, tech stack, and actual products (we hope).🔸 25% — Rewards
Early… pic.twitter.com/k0jW49Xvr1— CryptoNec (@CryptoNecc) June 4, 2025
This can be the Circle of the crypto world and become the next most famous altcoin to haul the market.
For the latest updates on the project, connect with the SOLX community on X and Telegram.
DISCOVER: The 12+ Hottest Crypto Presales to Buy Right Now
Join The 99Bitcoins News Discord Here For The Latest Market Updates
Key Takeaways
Why you can trust 99Bitcoins
Established in 2013, 99Bitcoin’s team members have been crypto experts since Bitcoin’s Early days.
Weekly Research
100k+Monthly readers
Expert contributors
2000+Crypto Projects Reviewed
