This week’s State of the Network report from @coinmetrics offers an insightful preview of Coinbase’s Q4 2024 earnings. The report is from Research Analyst @TanayVed. He highlights the factors that have positioned the company for what could be an exceptional quarter, indeed. The report notes that trading volume has been surging, stablecoin supply is growing, and performance from Coinbase’s Layer-2 network has been strong. All of this adds up to the appearance of a well-run ship heading into the next earnings report. The report also highlights a strong recovery in transaction revenue and the robust performance of Coinbase’s subscriptions and
The post Coinbase Poised for Strong Q4 2024 Earnings Amid Surge in Trading Volume and Layer-2 Growth appeared first on The Merkle News.
