CRCL is trading at $76.16 (+8.9%) after Mizuho upgraded the stock to neutral, citing surging USDC usage on Polymarket which hit $50B annualized volumes.
- Mizuho moved the rating from Underperform to Neutral, setting a new price target of $77.
- Momentum is further supported by recent national trust bank charter approval and strategic partnerships.
- The move is amplified by broader Nasdaq strength (+0.52%), significantly outpacing modest crypto market moves (BTC +0.26%).