TechFlow news: Bernstein released a report rating trading platform Robinhood (HOOD) as "outperform" with a target price of $30.
The analysts noted that the cryptocurrency market cap is expected to surge to $7.5 trillion by 2025, and Robinhood's crypto revenue is projected to grow ninefold.
In addition, they forecast Bitcoin's market cap to reach $3 trillion, Ethereum's to hit $1.8 trillion, and other major blockchain tokens collectively reaching $1.4 trillion. They believe an Ethereum ETF is expected to launch within 12 months, and the crypto market is undergoing an unprecedented phase of institutional adoption.




