Ethereum's growth will pave the way for Coinbase to take the lead
Date: 2025-08-13 Author: Henry Casey Categories: BUSINESS
Over the past month, Ethereum has gained 17% in price, while Bitcoin has shown less than 1% growth. According to Bernstein Managing Director Gautam Chhugani, this is a clear sign of the beginning of the "alt season" - a period when altcoins overtake the first cryptocurrency in dynamics. In this scenario, the analyst believes, Coinbase will be the main beneficiary.
The exchange supports hundreds of different tokens and processes over 9 million transactions daily. A significant share of its income comes from gas fees in the Ethereum network, which bring in about $75 million per year. At the same time, a significant part of the platform's profit is formed thanks to ETH staking, which, according to the expert, provides about 10% of Coinbase's total income. With the rise in the cost of ether, this share only increases.
Chhugani noted that the trading volume on Coinbase has already grown by 40% in recent times, and this trend may continue in the coming weeks. In his opinion, the increase in traders’ activity is directly related to the growing interest in Ethereum and expectations of its further strengthening in the market.
At the same time, the analyst emphasized that not only Coinbase can benefit from the current situation. Companies operating in the Ethereum ecosystem also have serious growth potential. As an example, he mentioned Robinhood, which recently announced the launch of a second-layer solution called Robinhood Chain. According to experts, this step can stimulate the growth of trading activity and attract new users.
Ethereum is of interest not only to crypto traders, but also to traditional financial giants. Earlier, Fundstrat co-founder Tom Lee said that the second-largest cryptocurrency by capitalization is increasingly attracting the attention of the largest American financial companies. According to him, Ethereum is becoming a key element of the future infrastructure of digital assets, which increases its long-term investment attractiveness.
Thus, the current growth of Ethereum is considered by analysts as the beginning of a larger trend that can change the balance of power in the cryptocurrency market. If the trend continues, Coinbase will be in the best position to make a profit, and projects integrated into the Ethereum ecosystem will have a chance to accelerate their own development.
