As Coinbase finally joined the S&P 500, it solidified the idea of crypto currencies going mainstream. Many crypto related stocks have been showing strength and actually outperforming some Web2 companies over the last months.
Crypto: welcome to the S&P 500! This is a big deal. The S&P 500 is arguably the most tracked & influential index in the world, is a 401(k) cornerstone, and a magnet for institutional capital. It’s a great day for @coinbase – our customers, employees, retail and institutional…
— Emilie Choi 🛡️ (@emiliemc) May 12, 2025
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Coinbase S&P 500 Inclusion: A Turning Point for Crypto Stocks?
Yes, Coinbase inclusion in the S&P 500 could be a game changer. This could enhance the legitimacy of the cryptocurrency sector and draw more institutional investors. The S&P 500 is considered a benchmark for the U.S. economy, and it might be a signal that crypto is a serious asset class. In an interview with Bloomberg, Brian Armstrong says that “being added to the S&P 500 proves that crypto is here to stay.”
Upon the news, Coinbase stock, $COIN, has surged over 25% within 2 days, going from $206 to $260. Coinbase has become one of the top performers in the stock market. With other crypto-related stocks showing a slow but positive reaction.
MicroStrategy (MSTR) is showing a rather stable price action and doesn’t seem to react that much but continues it upward trend. Upon this note, Michael Saylor, MicroStrategy chairman, has congratulated Coinbase co-founder Brian Armstrong for the listing. He also calls it a major milestone and, as always, shares his continued excitement about Bitcoin’s future on his X profile.
Galaxy Digital Holdings stock (GLXY) is considered one of the highest potential crypto stocks out there. It’s currently listed on the Toronto Stock Exchange (TSE) and trading at $31 CAD with a market cap of only 10B.
Galaxy Digital Holdings is a financial services firm focused on digital assets, blockchain technology, and cryptocurrency investments. Over the last few months, despite the market having a tough time, GLXY showed relative strength. Recently, it announced its plan to dual list on Nasdaq under the same ticker, GLXY, starting May 16. This announcement attracted significant attention, leading to upward momentum that resulted in a price increase of over 20%.
This is the $glxy I knew in 2020. It's back with more strength.
— Galaxian (@khawar19884) May 14, 2025
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BONUS: $MIND OF PEPE Presale Have Limited Time And Seats Left
Build. $MIND pic.twitter.com/3obD9rEKng
— MIND of Pepe (@MINDofPepe) May 14, 2025
Instead of investing in crypto stocks that can generate little profit, investors tend to buy hot crypto narratives. MIND of Pepe ($MIND) is a pioneering crypto project and the first major meme coin brand to utilize advanced AI. The coin isn’t just another AI token; it’s a working product with real traction and utility tailored to today’s crypto-trading landscape. It’s an AI agent for crypto, built to help users find profit in real time.
When combined with Retrieval-Augmented Generation (RAG) and live market data through REST APIs, it performs a real-time check of blockchains, dApps, and social media. With it, users can use useful information to spot real opportunities in the chaos.
With the current price of $0.00375, MIND has already raised $9.2 million. It also offers their early investors a staking option. They will be able to stake their coin and generate passive income at a high APY of up to 246%.
Experts predict the price of MIND to hit $0.0095 by the end of the year. That’s about 4 times the current price. But as always, DYOR.
Stay up-to-date on the project news by joining the online community on X and Telegram.
Click here to participate in the presale
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Key Takeaways
- Coinbase’s S&P 500 inclusion boosts crypto legitimacy and investor interest.
- Galaxy Digital’s Nasdaq dual listing sparks strong price momentum.
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