Circle IPO Explodes: 200% Surge on NYSE Debut as Price Tops $100
Wall Street got a crypto-sized adrenaline shot today as Circle—the stablecoin giant behind USDC—pulled off a barnstorming NYSE debut. Shares more than tripled out the gate, smashing past the $100 mark and leaving traditional finance suits scrambling to justify their 'overhyped' memos.
From stablecoins to unstable gains
The rally defied even bullish projections, proving yet again that crypto-adjacent plays can hijack market momentum faster than a Bitcoin ETF approval rumor. Analysts whispered about 'pent-up institutional demand'—but let's be real, this was a FOMO stampede with better PR.
The cynical take
Somewhere in Connecticut, a hedge fund manager is angrily crossing out '2025: The Year of Bonds' on his whiteboard. Meanwhile, Circle's execs are probably high-fiving over champagne—until someone mentions their next SEC filing.
According to data from the market dashboard:
- Day’s Range: $66.60 – $103.75
- Market Cap: $17B
- 52-Week Range: $66.60 – $103.75
- Previous Close: $31.00
Circle’s listing comes at a pivotal moment for the crypto industry, as regulators and institutions increasingly embrace blockchain-based financial infrastructure. The IPO, long anticipated since Circle first filed to go public, was seen as a bellwether for the broader stablecoin market.
The rally positions Circle among the top-performing IPOs of 2025 and strengthens its foothold in traditional financial markets. Analysts say the surge signals strong market confidence in regulated digital finance and the growing role of USDC as a stable, compliant digital dollar alternative.
Also Read: Stablecoin Issuer Circle Goes Public on NYSE with CRCL Ticker
