10x Research: Circle receives multiple positive boosts; fundamental and institutional factors combined drive stock price higher.

CoinLive
2026.02.21 09:37
10x Research published an article on its X platform stating that Circle (CRCL) stock has bucked the market trend and risen over the past week, closing above its 7-day and 30-day moving averages. At the institutional level, Cathie Wood's ARK Invest increased its holdings of CRCL by 218,000 shares during the market correction, indicating improved institutional confidence. Furthermore, Circle has entered into a strategic partnership with Polymarket, which will use native USDC as its primary settlement asset, further expanding the use of USDC in prediction markets. Analysts believe that the GENIUS Act framework could drive digital dollar reserves to flow more directly into the US Treasury market, and Circle may be a major beneficiary of this trend.