JPMorgan Upgrades Coinbase, Sees Potential $34B Opportunity in Base Token

JPMorgan has made the decision to upgrade its rating on Coinbase, signaling increased confidence in the company's future prospects. The financial institution foresees a substantial opportunity in the market, estimating that the potential market value for Coinbase's base token could reach as high as $34 billion. This outlook reflects JPMorgan's belief in the growth potential of the cryptocurrency sector and Coinbase's strategic positioning within it. source: https://www.coindesk.com/markets/2025/10/24/jpmorgan-upgrades-coinbase-sees-potential-usd34b-opportunity-in-base-token