Coinbase stock inches up as stablecoin rewards fight hits the Senate — what traders watch next for COIN
Coinbase shares closed up 0.9% at $242.98 and held steady after hours as the Senate prepares to debate stablecoin rewards. The company reported $354.7 million in stablecoin revenue for Q3 2025 and is lobbying lawmakers ahead of a key markup. Oppenheimer cut its price target to $370. Coinbase fixed a Polygon transaction delay Monday; other services were unaffected.