People failed to recognize a few things in the bear market for $COIN.
In the 2022 bear market, Coinbase diversified its revenue stream so they aren’t going to be too heavily dependent on trading volume. This was a huge success as now Coinbase is operating cash flow positive in any market condition. This is now widely successful.
In the 2026 bear market, Coinbase diversified its product offering/ so they aren’t going to be solely dependent on crypto related revenue only.
In the future, i believe Coinbase will further diversify its role in the financial system, they won’t just be a trading platform. They will also become an infrastructure player.
Keep building!