10x Research: Circle receives multiple positive boosts, with fundamentals and institutional interest resonating to drive the stock price higher

USDC0.02%

Odaily Planet Daily reports that 10x Research posted on the X platform that Circle (CRCL) stock price has risen against the trend over the past week, moving above the 7-day and 30-day moving averages. At the institutional level, ARK Invest, led by Cathie Wood, increased its holdings by 218,000 shares of CRCL during the market correction, indicating growing institutional confidence; additionally, Circle has reached a strategic partnership with Polymarket, which will adopt native USDC as the primary settlement asset, further expanding USDC’s use in prediction markets. Analysts believe that the GENIUS Act framework could facilitate more direct inflows of digital dollar reserves into the U.S. Treasury market, and under this trend, Circle may become a major beneficiary.

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