Galaxy Research: Stablecoins Set to Become Primary Transaction Rail by 2026
Written by Emily J. Thompson, Senior Investment Analyst
Source: Benzinga
- Rise of Stablecoins: Galaxy predicts that stablecoins will surpass traditional payment systems by 2026, with a sustained 30%-40% compound annual growth rate in supply, driving widespread usage across payments, remittances, and settlements.
- Solana Market Expansion: Galaxy highlights that Solana's market capitalization is expected to reach $2 billion by 2026, up from approximately $750 million today, indicating its growing importance in financial experimentation.
- Decentralized Exchange Growth: By the end of 2026, decentralized exchanges are projected to account for over 25% of global spot trading volume, up from roughly 15%-17% today, reflecting market preferences for lower fees and enhanced efficiency.
- Surge in ETF Products: Galaxy anticipates that more than 50 spot altcoin ETFs will launch in the U.S. in 2026, driven by SEC approval of generic listing standards, which will eliminate barriers for new product introductions.
BAC
$55.69+Infinity%1D
Analyst Views on BAC
Wall Street analysts forecast BAC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BAC is 58.79 USD with a low forecast of 55.00 USD and a high forecast of 70.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
19 Analyst Rating
18 Buy
1 Hold
0 Sell
Strong Buy
Current: 55.270
Low
55.00
Averages
58.79
High
70.00
Current: 55.270
Low
55.00
Averages
58.79
High
70.00
About BAC
Bank of America Corporation is a bank holding company and a financial holding company. Its segments include Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking and Global Markets. Consumer Banking segment offers a range of credit, banking and investment products and services to consumers and small businesses. The GWIM includes two businesses: Merrill Wealth Management, which provides tailored solutions to meet clients' needs through a full set of investment management, brokerage, banking and retirement products and Bank of America Private Bank, which provides comprehensive wealth management solutions. Global Banking segment provides a range of lending-related products and services, integrated working capital management and treasury solutions, and underwriting and advisory services. Global Markets segment offers sales and trading services and research services to institutional clients across fixed-income, credit, currency, commodity, and equity businesses.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
