The cryptocurrency sector experienced a remarkable upswing this week, marked by significant legislative progress and notable stock market gains. The passage of the GENIUS Act in the Senate, aiming to establish federal regulations for stablecoins, has ignited optimism across the blockchain ecosystem. Leading companies such as Coinbase, Circle, and the lesser-known SRM Entertainment all posted substantial stock rallies following the news. The involvement of former President Trump, who publicly championed the GENIUS Act, further amplified market enthusiasm, underscoring the intertwining of political influence and crypto industry momentum in 2025.
Cryptocurrency Stocks Rally on GENIUS Act Progress and Market Optimism
The Senate’s approval of the GENIUS Act by a 68-30 vote represents a pivotal development in crypto-monnaie regulation, targeting the establishment of a unified federal framework for stablecoins. This initiative is poised to legitimize dollar-backed digital assets, facilitating their broader integration into traditional financial services. As the bill advances toward House approval and potential presidential signature by Donald Trump, the industry’s leading players have already reaped substantial benefits in the stock market.
Circle (CRCL), issuer of the USDC stablecoin, recorded an impressive 80% weekly gain, catapulting its stock price to approximately eight times above its initial IPO valuation from June 5. As the world’s second-largest stablecoin issuer, Circle’s growth reflects burgeoning investor confidence tied to regulatory clarity.
Coinbase Global (COIN), a major US digital asset exchange and strategic partner of Circle, also experienced a robust 27% increase in share value over the same period. Coinbase’s business model incorporates revenue streams generated from USDC transactions, enhancing its market position amid the evolving regulatory landscape.
| Entreprise | Ticker | Stock Price Change (1 Week) | Relation to Stablecoins |
|---|---|---|---|
| Cercle | CRCL | +80% | Issuer of USDC, second-largest stablecoin |
| Coinbase | COIN | +27% | Cryptocurrency exchange and Circle partner |
| SRM Entertainment | SRM | +661% | Partnered with Tron, pivot to crypto-themed business |
Unprecedented Surge from SRM Entertainment after Crypto Partnership Announcement
The most striking stock performance came from SRM Entertainment, a Florida-based theme park and merchandise company that surged approximately 661% after announcing a transformative deal with the blockchain platform Tron. This agreement involves SRM’s plan to purchase Tron tokens, rebrand as Tron Inc., and onboard Tron founder Justin Sun as an advisor. This pivot demonstrates the potential impact of blockchain adoption across diverse industry sectors beyond traditional crypto exchanges.
Market analysts link SRM’s meteoric rise to investor speculation on its new strategic alignment with cryptocurrency ventures, reflecting broader trends in blockchain technology regulation and innovation that continue to reshape capital flows.
Political Endorsement Bolsters Cryptocurrency Market Prospects
The endorsement of the GENIUS Act by former President Trump adds another layer of momentum to the crypto industry’s recent progress. Following the Senate vote, Trump lauded the legislation as “an incredible Bill that is going to make America the UNDISPUTED Leader in Digital Assets.” Such public support from a political figure with evolving ties to the crypto sector influences investor sentiment and highlights the increasing convergence of politics and cryptocurrency investing.
Trump’s involvement extends beyond rhetoric—his associated entities have penetrated the crypto market through initiatives involving memecoins, bitcoin mining, and dollar-backed stablecoin issuance. Notably, Trump Media and Technology Group recently secured SEC approval to issue equity and debt for the purpose of acquiring bitcoin, demonstrating a tactical diversification into blockchain assets.
This intersection between political influence and crypto market dynamics is further illustrated by Trump’s reported $57 million income from decentralized finance (DeFi) projects such as World Liberty Financial, underscoring significant personal stakes in the ecosystem’s growth.
| Entité | Crypto Involvement | Highlights |
|---|---|---|
| Trump Media and Technology Group | Bitcoin purchasing fund | SEC authorization for equity and debt issuance |
| World Liberty Financial | Finance décentralisée (DeFi) | $57M income reported by Trump in 2024, advisory role |
| MGX & Binance Partnership | Stablecoin payment method for $2 billion fundraise | Supported by World Liberty Financial’s stablecoin |
Implications of the GENIUS Act for Stablecoin Adoption and Financial Markets
- Regulatory clarity to reduce uncertainty surrounding stablecoin issuance and usage
- Increased institutional adoption as compliance frameworks enable broader integration
- Enhanced security and compliance practices incentivized by federal oversight, aligning with best practices for crypto exchange security
- Market expansion for blockchain-based financial products, driving innovation in decentralized finance
- Stock market impact with cryptocurrency-related equities becoming more attractive investment options
These factors collectively point to a transformative phase in the cryptocurrency market as 2025 unfolds, fostering growth and maturity backed by legislative support and strong political will.