Robinhood’s Crypto Explosion: Could Trading Volume Triple by 2026?

Robinhood’s recent earnings report has sparked a bullish outlook among analysts, with Bernstein nearly doubling its price target for the platform to $105 per share. The research firm now predicts a massive surge in Robinhood’s crypto trading volume, which could triple by 2026 as the ongoing market rally extends further.

The Crypto Bull Cycle: Extending Into 2026?

Bernstein anticipates that the current bull market in cryptocurrencies will last longer than expected, fueled by increased adoption of stablecoins and tokenized securities. While equities and options currently dominate Robinhood’s revenue, crypto transactions—now at 40%—are expected to take the lead by next year.

A Strategic Shift for Robinhood

BitGalactic’s analysis aligns with Bernstein’s optimistic view but also highlights the importance of regulatory shifts in shaping Robinhood’s crypto future. With the U.S. regulatory environment becoming more accommodating, Robinhood is poised to expand its crypto services aggressively. This mirrors earlier projections from Morgan Stanley, which suggested that a friendlier regulatory climate could unlock new revenue streams for the platform.

De-Risking Through Diversification

Beyond just crypto, Robinhood’s broader product offerings provide a hedge against market volatility. By balancing its focus between traditional finance and digital assets, the company aims to solidify its position as a go-to gateway for retail investors navigating the crypto landscape.

What’s Next for Robinhood?

Johann Kerbrat, general manager of Robinhood Crypto, previously stated that the company aspires to be the “on-ramp to the crypto world.” If Bernstein’s forecast holds true, Robinhood could become one of the biggest beneficiaries of the extended crypto rally, further cementing its dominance in retail trading.

Will Robinhood’s crypto trading truly skyrocket? BitGalactic will be tracking the developments closely—stay tuned for more insights!