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SummaryWith the asset cap removed, Wells Fargo & Company has regained balance sheet flexibility, allowing it to compete normally in deposits, lending, and capital markets.WFC management is pursuing growth with discipline, targeting higher-quality revenues, improving ROTCE, and maintaining tight control over capital and costs.The expansion into options clearing signals strategic maturity, strengthening WFC's fee income, institutional relationships, and the bank’s role in market infrastructure.Core businesses, consumer cards, auto-lending, and corporate and investment banking are positioned to scale gradually without sacrificing credit quality.At current valuation levels, the risk-reward remains attractive, with clear upside in base and bull scenarios, while the downside case does not break the long-term thesis. GCShutter/iStock Unreleased via Getty Images

Thesis With the balance sheet cap now lifted, Wells Fargo & Company (WFC) is moving back to a normalized growth phase.

This opens two doors that have been practically half-closed for years. It means increasing

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in WFC over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

A strong stock as of late has been Moog (MOG.A - Free Report) . Shares have been marching higher, with the stock up 12.7% over the past month. The stock hit a new 52-week high of $250.78 in the previous session. Moog has gained 26.5% since the start of the year compared to the 34.9% gain for the Zacks Aerospace sector and the 33.1% return for the Zacks Aerospace - Defense Equipment industry.

What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, having beaten the Zacks Consensus Estimate in each of the last four quarters. In its last earnings report on November 21, 2025, Moog reported EPS of $2.56 versus consensus estimate of $2.24.

For the current fiscal year, Moog is expected to post earnings of $9.83 per share on $4.21 in revenues. This represents a 13.12% change in EPS on a 8.82% change in revenues. For the next fiscal year, the company is expected to earn $11.4 per share on $4.36 in revenues. This represents a year-over-year change of 15.97% and 3.58%, respectively.

Valuation MetricsMoog may be at a 52-week high right now, but what might the future hold for the stock? A key aspect of this question is taking a look at valuation metrics in order to determine if the company has run ahead of itself.

On this front, we can look at the Zacks Style Scores, as they provide investors with an additional way to sort through stocks (beyond looking at the Zacks Rank of a security). The individual style scores for Value, Growth, Momentum and the combined VGM Score run from A through F. Investors should consider the style scores a valuable tool that can help you to pick the most appropriate Zacks Rank stocks based on their individual investment style.

Moog has a Value Score of B. The stock's Growth and Momentum Scores are A and A, respectively, giving the company a VGM Score of A.

In terms of its value breakdown, the stock currently trades at 25.3X current fiscal year EPS estimates, which is not in-line with the peer industry average of 37.9X. On a trailing cash flow basis, the stock currently trades at 20.6X versus its peer group's average of 30.1X. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective.

Zacks RankWe also need to consider the stock's Zacks Rank, as this is even more important than the company's VGM Score. Fortunately, Moog currently has a Zacks Rank of #2 (Buy) thanks to a solid earnings estimate revision trend.

Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if Moog passes the test. Thus, it seems as though Moog shares could have a bit more room to run in the near term.

A strong stock as of late has been Progyny (PGNY - Free Report) . Shares have been marching higher, with the stock up 2.4% over the past month. The stock hit a new 52-week high of $27.76 in the previous session. Progyny has gained 56.3% since the start of the year compared to the 7.6% move for the Zacks Medical sector and the 6.9% return for the Zacks Medical Services industry.

What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on November 6, 2025, Progyny reported EPS of $0.45 versus consensus estimate of $0.39 while it beat the consensus revenue estimate by 4.19%.

For the current fiscal year, Progyny is expected to post earnings of $1.8 per share on $1.27 in revenues. This represents a 9.76% change in EPS on a 9.16% change in revenues. For the next fiscal year, the company is expected to earn $1.93 per share on $1.39 in revenues. This represents a year-over-year change of 7.22% and 9.24%, respectively.

Valuation MetricsWhile Progyny has moved to its 52-week high over the past few weeks, investors need to be asking, what is next for the company? A key aspect of this question is taking a look at valuation metrics in order to determine if the company is due for a pullback from this level.

On this front, we can look at the Zacks Style Scores, as these give investors a variety of ways to comb through stocks (beyond looking at the Zacks Rank of a security). The individual style scores for Value, Growth, Momentum and the combined VGM Score run from A through F. The idea behind the style scores is to help investors pick the most appropriate Zacks Rank stocks based on their individual investment style.

Progyny has a Value Score of B. The stock's Growth and Momentum Scores are A and D, respectively, giving the company a VGM Score of B.

In terms of its value breakdown, the stock currently trades at 15X current fiscal year EPS estimates, which is not in-line with the peer industry average of 15.6X. On a trailing cash flow basis, the stock currently trades at 78.1X versus its peer group's average of 11X. Additionally, the stock has a PEG ratio of 0.9. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective.

Zacks RankWe also need to look at the Zacks Rank for the stock, as this is even more important than the company's VGM Score. Fortunately, Progyny currently has a Zacks Rank of #2 (Buy) thanks to rising earnings estimates.

Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if Progyny passes the test. Thus, it seems as though Progyny shares could still be poised for more gains ahead.

How Does PGNY Stack Up to the Competition?Shares of PGNY have been soaring, and the company still appears to be a decent choice, but what about the rest of the industry? One industry peer that looks good is CareDx, Inc. (CDNA - Free Report) . CDNA has a Zacks Rank of #2 (Buy) and a Value Score of C, a Growth Score of A, and a Momentum Score of C.

Earnings were strong last quarter. CareDx, Inc. beat our consensus estimate by 115.38%, and for the current fiscal year, CDNA is expected to post earnings of $0.77 per share on revenue of $374.08 million.

Shares of CareDx, Inc. have gained 11.5% over the past month, and currently trade at a forward P/E of 29.01X and a P/CF of 14.72X.

The Medical Services industry may rank in the bottom 66% of all the industries we have in our universe, but there still looks like there are some nice tailwinds for PGNY and CDNA, even beyond their own solid fundamental situation.

A strong stock as of late has been Woodward (WWD - Free Report) . Shares have been marching higher, with the stock up 20.7% over the past month. The stock hit a new 52-week high of $316.56 in the previous session. Woodward has gained 89.4% since the start of the year compared to the 34.9% move for the Zacks Aerospace sector and the 33.1% return for the Zacks Aerospace - Defense Equipment industry.

What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on November 24, 2025, Woodward reported EPS of $2.09 versus consensus estimate of $1.83.

For the current fiscal year, Woodward is expected to post earnings of $7.82 per share on $3.96 in revenues. This represents a 13.5% change in EPS on a 11.08% change in revenues. For the next fiscal year, the company is expected to earn $9.13 per share on $4.25 in revenues. This represents a year-over-year change of 16.72% and 7.3%, respectively.

Valuation MetricsWoodward may be at a 52-week high right now, but what might the future hold for the stock? A key aspect of this question is taking a look at valuation metrics in order to determine if the company is due for a pullback from this level.

On this front, we can look at the Zacks Style Scores, as they provide investors with an additional way to sort through stocks (beyond looking at the Zacks Rank of a security). These styles are represented by grades running from A to F in the categories of Value, Growth, and Momentum, while there is a combined VGM Score as well. The idea behind the style scores is to help investors pick the most appropriate Zacks Rank stocks based on their individual investment style.

Woodward has a Value Score of D. The stock's Growth and Momentum Scores are A and A, respectively, giving the company a VGM Score of B.

In terms of its value breakdown, the stock currently trades at 40.3X current fiscal year EPS estimates, which is a premium to the peer industry average of 37.9X. On a trailing cash flow basis, the stock currently trades at 35.2X versus its peer group's average of 30.1X. Additionally, the stock has a PEG ratio of 2.65. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective.

Zacks RankWe also need to look at the Zacks Rank for the stock, as this is even more important than the company's VGM Score. Fortunately, Woodward currently has a Zacks Rank of #2 (Buy) thanks to a solid earnings estimate revision trend.

Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if Woodward fits the bill. Thus, it seems as though Woodward shares could have potential in the weeks and months to come.

How Does WWD Stack Up to the Competition?Shares of WWD have been soaring, and the company still appears to be a decent choice, but what about the rest of the industry? One industry peer that looks good is Astronics Corporation (ATRO - Free Report) . ATRO has a Zacks Rank of #1 (Strong Buy) and a Value Score of D, a Growth Score of A, and a Momentum Score of A.

Earnings were strong last quarter. Astronics Corporation beat our consensus estimate by 16.67%, and for the current fiscal year, ATRO is expected to post earnings of $2.46 per share on revenue of $856.89 million.

Shares of Astronics Corporation have gained 10.4% over the past month, and currently trade at a forward P/E of 30.55X and a P/CF of 29.86X.

The Aerospace - Defense Equipment industry is in the top 36% of all the industries we have in our universe, so it looks like there are some nice tailwinds for WWD and ATRO, even beyond their own solid fundamental situation.

Key Takeaways ENSG raised its quarterly dividend to 6.5 cents, marking 23 consecutive years of dividend increases.Ensign paid $10.8M in dividends in the first nine months of 2025 and repurchased $20M in stock.ENSG ended Q3 with $443.7M in cash and a low 6.1% long-term debt-to-capital ratio.
The Ensign Group, Inc. (ENSG - Free Report) recently raised its quarterly dividend to 6.5 cents per share, up from 6.25 cents, extending its record of dividend growth. Over the past five years, the insurer has raised its payout six times, achieving an annualized dividend growth rate of 4.3%. The latest 4% increase brings Ensign’s dividend yield to 0.15%, based on the Dec. 22 closing price of $179.03, above the industry average of 0.11%. The increased amount will be paid out by Jan. 31, 2026, to its shareholders on record as of Dec. 31, 2025. 

With this move, Ensign achieved 23 consecutive years of dividend hikes, underscoring its commitment to returning value to shareholders. In the first nine months of 2025, it paid dividends worth $10.8 million. It repurchased $20 million in stock during the first half of 2025 but didn't make any repurchases in the third quarter.

These shareholder-focused actions are supported by Ensign’s earnings base and solid balance sheet. The Zacks Consensus Estimate projects 2025 earnings to jump 18.2% year over year to $6.50 per share. Earnings for 2026 are expected to increase by 9% to $7.09 per share.

Image Source: Zacks Investment Research

The nursing care service provider ended the third quarter with $443.7 million in cash and cash equivalents and had a long-term debt, less current maturities, of only $138.6 million. Its long-term debt-to-capital ratio of 6.1% is significantly lower than the industry average of 83.9%. While free cash flow dipped over the trailing 12-month period to a negative zone, rising occupancy rates, higher patient days and higher skilled service revenues should keep momentum strong.

Peers’ Shareholder-Friendly EffortsCompanies like Universal Health Services, Inc. (UHS - Free Report) and Tenet Healthcare Corporation (THC - Free Report) are also actively returning capital to shareholders.

Since 2019, Universal Health has repurchased nearly 30% of shares outstanding. The authorization was increased by $1.5 billion in October 2025, leaving $1.8 billion remaining. UHS has been paying a consistent dividend of 20 cents per share since 2019. Meanwhile, Tenet Healthcare doesn’t pay a dividend; it focuses on share buybacks and other capital allocation actions. It bought back almost $1.2 billion worth of shares in the first three quarters of 2025. THC had around $1.7 billion left in its fund, as of Sept. 30, 2025, for future buybacks.

Ensign’s Price Performance and ValuationShares of ENSG have gained 33.8% in the past year compared with the industry’s growth of 31.9%.

Image Source: Zacks Investment Research

From a valuation standpoint, Ensign trades at a forward price-to-earnings ratio of 27.89, down from the industry average of 50.23. Yet ENSG has a Value Score of C at present.

Image Source: Zacks Investment Research

The stock currently carries a Zacks Rank #3 (Hold).

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Significant Losses In Tvardi To Contact Him Directly To Discuss Their Options

If you suffered significant losses in Tvardi stock or options and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). 

[You may also click here for additional information]

, /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Tvardi Therapeutics, Inc. ("Tvardi" or the "Company") (NASDAQ: TVRD).

Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.

James (Josh) Wilson, Faruqi & Faruqi Senior Partner (PRNewsfoto/Faruqi & Faruqi, LLP)

On Monday, October 13, 2025, Tvardi Therapeutics, Inc. saw its shares plummet over 80% after disappointing preliminary data from the Phase 2 REVERT clinical trial of TTI-101 in idiopathic pulmonary fibrosis. The study was designed to assess safety, pharmacokinetics, and exploratory outcomes related to lung function. After reviewing the preliminary safety data and exploratory efficacy results, including changes in Forced Vital Capacity (FVC), the Company concluded that the study did not meet its goals. Preliminary data demonstrated patients' baseline characteristics were similar across treatment arms, with the exception of percent predicted FVC, which was lower in the placebo-treated patients compared to the TTI-101-treated arms.

To learn more about the Tvardi investigation, go to www.faruqilaw.com/TVRD or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

Follow us for updates on LinkedIn, on X, or on Facebook.

Attorney Advertising.  The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com).  Prior results do not guarantee or predict a similar outcome with respect to any future matter.  We welcome the opportunity to discuss your particular case.  All communications will be treated in a confidential manner.

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Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Blue Owl To Contact Him Directly To Discuss Their Options

If you purchased or acquired securities in Blue Owl between February 6, 2025 and November 16, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

[You may also click here for additional information]

, /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Blue Owl Capital Inc. ("Blue Owl" or the "Company") (NYSE: OWL) and reminds investors of the February 2, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

James (Josh) Wilson, Faruqi & Faruqi Senior Partner (PRNewsfoto/Faruqi & Faruqi, LLP)

Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.

As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) that Blue Owl was experiencing a meaningful pressure on its asset base from BDC redemptions; (2) that, as a result, the Company was facing undisclosed liquidity issues; (3) that, as a result, the Company would be likely to limit or halt redemptions of certain BDCs; and (4) that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

On November 16, 2025, the Financial Times published an article describing how "Blue Owl has blocked redemptions in one of its earliest private credit funds as it merges with a larger vehicle overseen by the asset manager in a deal that could leave investors with large losses."

According to the report, Blue Owl Capital Corporation II investors are restricted from pulling money from the fund until a recently announced merger with Blue Owl Capital Corporation closes in early 2026.

The article further explains how, once the merger occurs, investors in Blue Owl Capital Corporation II will permanently lose the ability to redeem cash at the fund's Net Asset Value (NAV). Instead, investors will trade their shares in for the publicly traded Blue Owl Capital Corporation shares, which are currently trading approximately 20% under the fund's NAV.

On this news, Blue Owl's stock price fell $0.85, or 5.8%, to close at $13.77 per share on November 17, 2025, thereby injuring investors.

The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not. 

Faruqi & Faruqi, LLP also encourages anyone with information regarding Blue Owl's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

To learn more about the Blue Owl Capital class action, go to www.faruqilaw.com/OWL or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

Follow us for updates on LinkedIn, on X, or on Facebook.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

SOURCE Faruqi & Faruqi, LLP

Key Takeaways
EXPD shares are up 26.3% in three months, outperforming the transportation-services industry's 5.7% rise
Cost-cutting lifted efficiency, with Q3 2025 operating expenses down 3.4% y/y to $2.6 billion.
EXPD boosted dividends and buybacks rolling, returning $212 million to shareholders in Q3 2025.
Expeditors International of Washington (EXPD - Free Report) is thriving on robust cost-cutting initiatives, which are boosting the company’s prospects. Shareholder-friendly initiatives are also encouraging. With these tailwinds, EXPD shares have performed impressively on the bourse. If you have not taken advantage of its share price appreciation yet, now is the time to do so.

Let’s delve deeper.

Factors Favoring EXPD StockNorthward Estimate Revisions: The Zacks Consensus Estimate for fourth-quarter 2025 earnings has moved 13.2% north in the past 60 days. For the current year and 2026, the consensus mark for earnings has been revised to 6.86% and 7.57% upward, respectively, in the same time frame. The favorable estimate revisions indicate brokers’ confidence in the stock.

Robust Price Performance: A glimpse at the company’s price trend reveals that the stock has had an impressive run so far this year. Shares of EXPD have gained 26.3% over the three months, outperforming the 5.7% rise of the transportation-services industry it belongs to.

Image Source: Zacks Investment Research

Solid Zacks Rank: EXPD currently sports a Zacks Rank #1 (Strong Buy).  

Positive Earnings Surprise History: EXPD has an encouraging earnings surprise history. The company’s earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average beat of 13.94%.

Growth Factors: Expeditors’ proactive cost-cutting initiatives are boosting the company’s operating efficiency. In the third quarter of 2025, the total operating expenses amounted to $2.6 billion, decreased by 3.4% year over year.

This decrease was mainly due to 31% fall on a year-over-year basis in expenses associated with ocean freight and ocean services, which accounted for 21% of the total operating cost.

Expeditors continue to demonstrate a strong commitment to shareholder returns. In June 2025, the company increased its semi-annual dividend by 5.5%, raising the payout from $0.73 to $0.77 per share, reflecting its solid cash position and focus on delivering value to investors. In November 2025, EXPD declared a semi-annual cash dividend of $0.77 per share, payable on Dec. 15, 2025, to shareholders of record as of Dec. 1, 2025.

The company has also maintained a consistent track record of rewarding shareholders through both dividend growth and share repurchases. Expeditors raised dividends by 15.5% in 2022 and 3% in 2023, while executing more than $1.5 billion in share buybacks in 2022 alone. This disciplined approach continued in the third quarter of 2025, when EXPD returned $212 million to shareholders through stock repurchases, underscoring a balanced capital allocation strategy and confidence in its long-term financial strength.

Other Stocks to ConsiderInvestors interested in the Zacks Transportation sector can also consider LATAM Airlines Group (LTM - Free Report) and Global Ship Lease (GSL - Free Report) .

LTM currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

LTM has an expected earnings growth rate of 52.6% for the current year. The company has an encouraging earnings surprise history. Its earnings topped the Zacks Consensus Estimate in three of the trailing four quarters and met once in the remaining, delivering an average beat of 29.8%.

Global Ship Lease currently carries a Zacks Rank #2.

GSL has an expected earnings growth rate of 2.60% for the current year. The company has an encouraging earnings surprise history. Its earnings topped the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average beat of 16.8%.

Key Takeaways STRT shares jumped 17.1% in four weeks, standing out among stocks riding the market's late-2025 rally.
ATRO has surged 15.4% in four weeks as improving earnings expectations support its momentum into next year.NRIM has risen 11.7% in four weeks, as solid earnings estimates adding support to its recent price strength.
U.S. stock markets are set to close 2025 on a high note after an astonishing rally in the previous two years. With just seven trading days left to conclude this year, the three major stock indexes — the Dow, the S&P 500 and the Nasdaq Composite — are up 13.6%, 16.5% and 20.9%, respectively. These indexes are currently within 3% of their record-highs.

Consequently, several stocks have shown price strength. We have primarily targeted stocks that have recently been on a bull run. These stocks have a high chance of carrying the momentum forward.

Five such stocks are — Strattec Security Corp. (STRT - Free Report) , Astronics Corp. (ATRO - Free Report) , Willdan Group Inc. (WLDN - Free Report) , Great Lakes Dredge & Dock Corp. (GLDD - Free Report) and Northrim BanCorp Inc. (NRIM - Free Report) .

If a stock is continuously witnessing an uptrend, there must be a solid reason or it would have probably crashed. So, looking at stocks capable of beating the benchmark that they have set for themselves seems rational.

However, recent price strength alone cannot create magic. Therefore, other relevant parameters are needed to create a successful investment strategy.

Here’s how you should create the screen to shortlist the current as well as the potential winners.

Screening Parameters:Percentage Change in Price (4 Weeks) greater than zero: This criterion shows that the stock has moved higher in the last four weeks.

Percentage Change Price (12 Weeks) greater than 10: This indicates that the stock has seen momentum over the last three months. This lowers the risk of choosing stocks that may have drawn attention due to the overwhelming performance of the overall market in a very short period.

Zacks Rank 1: No matter whether market conditions are good or bad, stocks with a Zacks Rank #1 (Strong Buy) have a proven history of outperformance. You can see the complete list of today’s Zacks #1 Rank stocks here.

Average Broker Rating 1: This indicates that brokers are also highly hopeful about the stock’s future performance.

Current Price greater than 5: The stocks must all be trading at a minimum of $5.

Current Price/ 52-Week High-Low Range more than 85%: This criterion filters stocks that are trading near their respective 52-week highs. It indicates that these are strong enough in terms of price.

Just these few criteria narrowed down the search from over 7,700 stocks to 13.

Let’s discuss five out of those 13 stocks here:

Strattec Security designs, develops, manufactures and markets mechanical locks, electro-mechanical locks and related products for automotive manufacturers with operations in the United States, Canada and Mexico.

STRT also produces precision zinc die castings for the transportation, security and small engine industries. STRT’s principal products are locks and keys for cars and trucks. STRT markets its products to automotive and light truck original equipment manufacturers, as well as other transportation-related manufacturers, and through wholesale distributors, other marketers, and users of component parts and non-automotive customers.

The stock price of Strattec Security has climbed 17.1% over the past four weeks. It has an expected earnings growth rate of -2.6% for the current year (ending June 2026). The Zacks Consensus Estimate for current-year earnings has improved 23.3% over the last 60 days.

Astronics is a manufacturer of specialized lighting and electronics for the cockpit, cabin and exteriors of military, commercial transport and private business jet aircraft. As a major lighting and electronics supplier to the aircraft industry, ATRO’s strategy is to expand from a components and subsystems supplier to an aircraft lighting systems integrator, increasing the value and content it provides to various aircraft platforms. Luminescent Systems Inc. is ATRO’s primary operating subsidiary that produces its aerospace and defense products.

The stock price of Astronics has surged 15.4% over the past four weeks. It has an expected earnings growth rate of 35% for next year. The Zacks Consensus Estimate for next-year earnings has improved 1.2% over the last 30 days.

Willdan Group is a provider of professional technical and consulting services to utilities, private industry and public agencies at all levels of government. WLDN enables its clients to realize cost and energy savings by providing a wide range of specialized services. 

WLDN assists its clients with a broad range of complementary services relating to: Energy Efficiency and Sustainability, Engineering and Planning, Economic and Financial Consulting, and National Preparedness and Interoperability.

The stock price of Willdan Group has appreciated 14.5% in the past four weeks. It has an expected earnings growth rate of 9.6% for next year. The Zacks Consensus Estimate for current-year earnings has improved 13.3% over the last 60 days.

Great Lakes Dredge & Dock is the largest provider of dredging services in the US conducting business to maintain and deepen shipping channels, reclaim land from the ocean, and renourish storm-damaged coastline. 

GLDD also conducts around 25% of its operations internationally with a strong focus in the Middle East. Projects can generally be recognized to fall within a number of categories, namely, maintenance projects to keep shipping channels and harbors at their required depths, capital works to excavate, deepen or widen navigable waterways, beach restoration for storm damaged coastline and reclamation works to restore wetlands or create new land in the ocean. 

The stock price of GLDD has advanced 13.9% over the past four weeks. The company has expected earnings growth of -0.2% for next year. The Zacks Consensus Estimate for next year’s earnings has improved 10.1% over the last 60 days.

Northrim BanCorp operates as a commercial bank providing commercial banking products and services to businesses and professional individuals. NRIM operates through three segments: Community Banking, Home Mortgage Lending, and Specialty Finance. 

NRIM offers noninterest-bearing checking accounts and interest-bearing time deposits, checking and savings accounts, individual retirement and money market deposit accounts, certificates of deposit, and business sweep accounts. 

NRIM also provides short and medium-term commercial loans, commercial credit lines, construction and real estate loans, and consumer loans, as well as short and medium-term working capital.

The stock price of Northrim BanCorp has rallied 11.7% over the past four weeks. The company has expected earnings growth of 4% for next year. The Zacks Consensus Estimate for next year’s earnings has improved 9.2% over the last 60 days.

You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge.

The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.

Click here to sign up for a free trial to the Research Wizard today.

Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.

Disclosure: Performance information for Zacks’ portfolios and strategies are available at: https://www.zacks.com/performance. 

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TL;DR

BitMine expanded its ETH treasury after watchers flagged about $88 million in flows; a filing said it bought 98,852 ETH last week.
Observers tied the suspected one day purchase to BitGo and Kraken, totaling 29,462 ETH, though the company did not confirm wallets.
Holdings stand at 4,066,062 ETH at a $2,991 average cost, and the firm targets up to 5% of supply despite recent declines.

BitMine Immersion Technologies has expanded its Ethereum treasury, with blockchain watchers flagging roughly $88 million in fresh ETH accumulation tied to custodial flows. The buying was flagged this week. The transfers have not been formally confirmed by the company, but they surfaced alongside a same day filing that reported new purchases. In that disclosure, BitMine said it bought 98,852 ETH over the past week, lifting total holdings to 4,066,062 ETH. The company reported an average acquisition cost of $2,991 per ether, putting the value of its ETH stockpile at about $12 billion at current prices. For traders, a corporate balance sheet acting like a buyer of last resort is the core signal, even as ETH and BMNR shares have recently been under pressure.

It seems that Tom Lee(@fundstrat)'s #Bitmine just bought another 29,462 $ETH($88.1M) from BitGo and Kraken.https://t.co/hXCQQvO6ZFhttps://t.co/m3WT8Jwh6x pic.twitter.com/REuuHwyR6q

— Lookonchain (@lookonchain) December 23, 2025

Custody flows and an accumulation campaign
Onchain data cited by market observers suggested BitMine acquired about 29,462 ETH in a single day, valued around $88 million, through transactions associated with BitGo and Kraken, extending a buying campaign that has defined its strategy throughout the year. The report notes the firm did not confirm the specific transfers, yet they arrived close to an official disclosure, reinforcing the view that the company is still executing an accumulation program. By tracking custody linked movements, analysts try to map treasury behavior in near real time. In this case, the onchain trail functions as a preview of corporate demand, potentially influencing positioning before traditional filings circulate. That dynamic can amplify volatility when large lots move quickly and the market tries to infer intent from wallet activity alone.

The disclosed purchases push BitMine further into a concentrated strategy. With over 4 million ETH, it is described as the largest corporate Ethereum treasury. Its stated objective is to accumulate up to 5% of Ethereum’s circulating supply, and the holding of 4,066,062 ETH underscores how serious that ambition has already become. The report also says short term price declines in ETH and BitMine’s stock have not altered the approach, suggesting management is prioritizing horizon positioning over near term optics. Still, the scale invites scrutiny: a single buyer pursuing a supply share target can change how investors read liquidity, custody risk, and disclosure cadence. Next, traders will watch for filings that reconcile onchain flows with confirmed purchases and clarify the campaign’s pace.

BNB slips toward $850 as market pullback weighs on tokenThe decline comes as bitcoin sank back to $87,000 in Tuesday trade. Dec 23, 2025, 1:58 p.m.

The price of BNB is hovering around the $850 mark after losing more than 1.5% of its value over the past 24 hours.

The token is down from a recent high near the $870 level, and comes alongside bitcoin's decline from above $90,000 to the $87,000 area on Tuesday morning.

STORY CONTINUES BELOW

Price action reflected that caution. After a brief push above $860 on strong volume earlier, selling pressure returned and capped gains. The wider market is nevertheless also affected, with the wider CoinDesk 20 (CD20) index, losing 2.5% of its value over the last 24 hours.

Volume spikes pointed to defensive positioning rather than fresh risk-taking, according to CoinDesk Research's technical analysis data model.

Not all signals were negative as adoption kept growing. Major prediction market Kalshi added deposits and withdrawals for BNB and stablecoins on the BNB Chain.

For now, traders see consolidation between $850 and $870. A clear break above that range could reopen calls for a move toward $900 later in the year, while a drop below $820 would suggest deeper losses.

Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.

More For You

State of the Blockchain 2025

Dec 19, 2025

L1 tokens broadly underperformed in 2025 despite a backdrop of regulatory and institutional wins. Explore the key trends defining ten major blockchains below.

What to know:

2025 was defined by a stark divergence: structural progress collided with stagnant price action. Institutional milestones were reached and TVL increased across most major ecosystems, yet the majority of large-cap Layer-1 tokens finished the year with negative or flat returns.

This report analyzes the structural decoupling between network usage and token performance. We examine 10 major blockchain ecosystems, exploring protocol versus application revenues, key ecosystem narratives, mechanics driving institutional adoption, and the trends to watch as we head into 2026.

View Full Report

More For You

Polkadot's DOT slips 4.5% as token underperforms wider crypto markets

21 minutes ago

DOT is facing pressure as it tries to retake the $1.76 support/resistance level.

What to know:

Polkadot's DOT pulled back alongside a broader drop in crypto markets.DOT trading volumes dropped 9% below monthly averages, signaling weak conviction.Read full story

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017,
aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy,
our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a
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The U.S. economy grew faster than expected in the third quarter of this year, its fastest pace in the last two years. This has provided a bullish outlook for the BTC price, which climbed on the back of the U.S. GDP data release.

U.S. GDP Comes In Stronger Than Expectations, BTC Price Rises
Bureau of Economic Analysis (BEA) data show that the U.S. economy increased at an annual rate of 4.3% in the third quarter of this year. This marks the strongest growth since the fourth quarter of 2023. It also comes in higher than the estimates of 3.3% and the 3.8% recorded in the second quarter. Meanwhile, the real GDP increased by 3.8%.

The U.S. GDP release immediately sparked a surge in the BTC price, with the flagship crypto rising to almost $88,000. CoinGape had earlier reported that the macro data was likely to spark some volatility, even as the crypto market remains on edge.

Source: Yahoo Finance; BTC Daily Chart
This comes as crypto market investors continue to look to macro data for clues as to where the U.S. economy may be headed in 2026. This data follows the release of the U.S. CPI and jobs data last week, which also provided a bullish outlook for the market.

The U.S. CPI data came in at 2.7%, well below expectations, indicating that inflation in the U.S. remains steady. Meanwhile, the jobs data showed the unemployment rate rising, which supports a case for more rate cuts next year and is bullish for the BTC price and broader crypto market.

With the U.S. GDP data out of the way, crypto market investors will now turn their attention to the U.S. jobless claims, which drop tomorrow. This will provide further insights into the current state of the labor market and could strengthen the case for more cuts.

Payment processor Shift4 now lets hundreds of thousands of merchants settle via stablecoins on Polygon, a shift that could support Polygon price and reduce banking frictions.

Summary

Shift4 added stablecoin settlement for its merchant base, enabling payouts over Polygon, Ethereum, Solana, Stellar, TON, Plasma and Base instead of traditional bank rails.​
The service runs 24/7, helping merchants avoid weekend and holiday delays, improve liquidity across time zones and reduce reliance on correspondent banking networks.​
Polygon’s low‑fee, high‑throughput design underpins the integration as stablecoin volumes reach trillions annually and more fintechs move core payments onto blockchain rails.

Payment processor Shift4 now offers stablecoin settlement on the Polygon blockchain, giving hundreds of thousands of merchants 24/7 access to digital currency payouts, leading to new possibilities for Polygon price.

The integration allows merchants to receive settlements in stablecoins pegged to major fiat currencies, bypassing traditional banking hours and systems. Merchants can select from multiple blockchain networks for settlement, including Polygon (POL), Ethereum (ETH), Solana (SOL), Stellar (XLM), TON (TON), Plasma, and Base, according to the announcement.

Shift4 moves Polygon price as integrations loom
The platform enables fund transfers 24 hours per day, eliminating delays associated with weekend and holiday banking closures. This functionality addresses liquidity management challenges for businesses operating across multiple time zones.

Shift4, which processes billions of transactions annually across various industries, now offers stablecoin payouts as an alternative to conventional bank transfers. The expansion represents a shift from experimental blockchain applications to commercial deployment in the payments sector.

The stablecoin settlement option reduces dependence on correspondent banking systems and aims to improve cash flow predictability for merchants conducting international business, according to the companies.

Polygon’s network infrastructure supports high transaction volumes at lower costs compared to Ethereum’s mainnet, according to technical specifications. The network’s design prioritizes transaction speed and scalability for commercial applications.

Stablecoins currently facilitate trillions of dollars in annual transactions, with increasing adoption among financial technology firms and institutional users. The Shift4 integration extends stablecoin functionality to merchant payouts and treasury management operations.

Merchants using the service do not require specialized blockchain knowledge to access the settlement options, according to the companies.

Polygon has attracted enterprise and fintech partnerships focused on payments, asset tokenization, and blockchain-based financial services. The network positions itself as infrastructure connecting traditional Web2 businesses with Web3 blockchain technology.

In addition to my report on Polygon payments, I would like to note the growth in payment transactions.

Specifically, in December, there was a new ATH for microtransactions, and the number of payment transactions has not fallen below 1M per month for 3 months. https://t.co/hbXOgOqtZn pic.twitter.com/kaPx3P1CRm

— Alex (@obchakevich_) December 22, 2025

The collaboration reflects broader industry movement toward blockchain-based payment rails that operate independently of traditional banking infrastructure and time constraints.

Polygon’s POL token is trading around $0.105–0.12 USDT/USD right now, roughly flat to slightly down versus its starting level for 2025, so YTD performance is weak and still in a bearish regime.

Forecast shops frame 2025 as a sideways to mildly bullish year, with base‑case targets only a few dozen percent above current prices, not a parabolic recovery.

Structurally, the MATIC→POL migration is 99% complete, so most of the “upgrade” narrative is already priced in; further upside likely tracks broader crypto beta plus any real execution upside in Polygon 2.0.

From a YTD lens, POL is still in a re-rating candidate bucket: cheap versus its own history, but you only size it if you believe Polygon can claw back share in DeFi, stablecoins, and RWAs over the next 12–24 months.

Ethena remains under sustained pressure after a major holder deposited 16.86 million ENA into Coinbase Prime, realizing an estimated $15 million loss, roughly 81% below an $18.53 million cost basis. 

This transfer introduced meaningful sell-side liquidity, while ENA price traded near $0.14–$0.15, levels last seen several months ago. 

However, price action did not unravel sharply following the deposit. Instead, candles remained relatively controlled, signaling absorption rather than disorderly selling.

That response suggests market participants anticipated the move. 

Still, the scale of realized losses reflects exhaustion, not confidence. Many holders remain deeply underwater, which increases the likelihood of distribution on any relief rally. 

As a result, Ethena [ENA] continues to trade in a fragile equilibrium where exits meet opportunistic accumulation, keeping volatility suppressed but risk elevated.

Ethena consolidates
ENA continues to respect a clearly defined descending channel that has guided price lower since the breakdown from the $0.30 region. 

Recent price action shows consolidation near the channel’s upper boundary, yet the structure still favors sellers. 

RSI remains below 40, reinforcing weak momentum rather than reversal strength. 

Importantly, the channel allows room for a deeper pullback toward the $0.1315 support zone, which aligns with prior reaction lows and channel symmetry. This level represents a key structural checkpoint. 

A decisive reclaim above resistance near $0.165 would disrupt the bearish sequence of lower highs. 

However, ENA has not achieved that yet. Therefore, the market remains reactive. Buyers defend levels, but sellers still control trend direction until structure decisively shifts.

Source: TradingView

ENA: What absorbing the downside?
Despite ongoing price weakness, 90-day Spot Taker CVD remains net positive, highlighting sustained buyer aggression during declines. 

This divergence matters. ENA has fallen more than 60% from mid-cycle highs, yet taker buyers continue absorbing sell pressure. 

That behavior suggests accumulation rather than panic-driven exits among spot participants. However, price has failed to respond constructively. 

Therefore, demand appears defensive rather than controlling. Buyers step in to slow declines, but they do not force structural change. 

Historically, such divergences weaken bearish momentum without guaranteeing reversal timing. As long as CVD remains positive, downside acceleration loses strength. 

Still, without a reclaim of resistance, accumulation alone cannot flip the trend. The signal supports stabilization, not confirmation.

Funding Rates turn positive
The OI-Weighted Funding Rate recently shifted from approximately -0.01% to around +0.005%, marking a notable change in leverage bias. 

This transition followed a sharp long-side flush, where Open Interest contracted toward the $55–$60 million range. Funding turned positive, suggesting that traders now pay to hold longs, yet conviction remains cautious. 

Rates stay shallow, indicating positioning rather than directional bets. This behavior reduces the risk of cascading liquidations on further downside. 

However, funding does not yet support breakout expectations. Instead, it signals balance. Traders anticipate stabilization but avoid excess leverage. 

Therefore, leverage no longer drives volatility. Any sustained trend change will require price expansion alongside rising participation, not funding shifts alone.

Short-side liquidity builds above current price
The Binance ENA liquidation map shows a clear concentration of short liquidation leverage above the current price near $0.20, with the densest clusters forming between $0.205 and $0.22.

These levels contain cumulative short liquidation exposure exceeding $5 million, dominated by 25x and 50x leverage positions.

In contrast, long liquidation leverage below price is comparatively thin, with limited clusters visible below $0.18 and minimal exposure extending toward $0.13.

This distribution indicates that recent positioning has favored short continuation bets rather than long leverage buildup.

As a result, upward price movement into the $0.205–$0.22 range would intersect significantly more forced liquidations than a comparable downside move.

The map therefore reflects an asymmetric liquidity profile rather than directional confirmation.

Conclusively, ENA remains structurally biased toward a downside continuation, with price likely to test the $0.1315 support zone before any meaningful rebound develops. 

Buyers have absorbed selling pressure, but have not reclaimed control of the trend. Unless aggressive demand steps in ahead of that level, downside risk persists. 

A sustainable recovery only becomes credible if ENA holds $0.1315 and then reclaims channel resistance with expanding participation.

Final Thoughts

ENA’s structure favors a downside test of $0.1315 before any recovery attempt.
A rebound requires decisive buyer intervention and a reclaim of channel resistance.

DOT is facing pressure as it tries to retake the $1.76 support/resistance level. Dec 23, 2025, 2:01 p.m.

DOT$1.7473 fell 4.5% to $1.75 over the last 24 hours, underperforming wider crypto markets.

The broader market gauge, the CoinDesk 20 index, was 2.5% lower at publication time.

STORY CONTINUES BELOW

The decline in DOT occurred on notably thin volume, tracking 9% below 30-day averages and highlighting the absence of institutional participation that typically drives sustained moves, according to CoinDesk Research's technical analysis model.

The model showed that DOT exhibited relative weakness against the broader cryptocurrency complex, as capital rotated toward higher-momentum assets.

The divergence reflects waning investor appetite for the token despite recent ecosystem developments, with market participants demanding clearer catalysts before re-engaging with size, according to the model.

With fundamental drivers absent, technical levels dominated price action as DOT tested key support around current levels, the model said.

Technical Analysis:

Primary support zone reinforced at $1.76Range-bound structure intact as market awaits directional catalystParticipation dropped 9% below 30-day moving average during advanceInstitutional flows remain notably absent from recent trading sessionsSideways consolidation pattern continues within established boundariesDownside risk limited given modest price appreciation and support defenseUpside potential constrained by volume concerns and relative weaknessDisclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.

More For You

State of the Blockchain 2025

Dec 19, 2025

L1 tokens broadly underperformed in 2025 despite a backdrop of regulatory and institutional wins. Explore the key trends defining ten major blockchains below.

What to know:

2025 was defined by a stark divergence: structural progress collided with stagnant price action. Institutional milestones were reached and TVL increased across most major ecosystems, yet the majority of large-cap Layer-1 tokens finished the year with negative or flat returns.

This report analyzes the structural decoupling between network usage and token performance. We examine 10 major blockchain ecosystems, exploring protocol versus application revenues, key ecosystem narratives, mechanics driving institutional adoption, and the trends to watch as we head into 2026.

View Full Report

More For You

BNB slips toward $850 as market pullback weighs on token

25 minutes ago

The decline comes as bitcoin sank back to $87,000 in Tuesday trade.

What to know:

The price of BNB has dropped over 1.5% over the past 24 hours to around $850.The decline comes amid a wider market drawdown, with bitcoin pulling back to the $87,000 level.Traders expect consolidation between $850 and $870, with a potential break above that range leading to a move towards $900.Read full story

Record $23B Bitcoin options expire Dec. 26, with max pain near current ranges and liquidity thin, setting the stage for sharp BTC volatility.

Summary

A record $23B in Bitcoin options expire Dec. 26, the largest BTC options expiry on record.​
Calls are stacked at high strikes while puts cluster at lower levels, with max pain near current prices.​
Thin holiday liquidity and position unwinds could amplify BTC volatility as institutional flows reset.

A record $23 billion in Bitcoin options contracts are scheduled to expire on Friday, December 26, representing the largest BTC options expiry in history, according to market data.

Open interest data from CoinGlass shows a heavy concentration of call options at high strike levels, indicating traders are positioning for price increases. Put options are clustered at lower strike prices, suggesting key support levels are being monitored closely.

Bitcoin options heading into Dec. 26 expiry
The Max Pain Level, defined as the price at which option holders would experience the greatest losses, sits near the high end of current trading ranges, according to the data.

The expiry total exceeds previous years’ figures, making it one of the most significant Bitcoin-related events on record.

The put-to-call ratio indicates traders are seeking upside exposure rather than downside protection, according to market analysts.

Bitcoin was trading below recent highs at the time of publication. The cryptocurrency typically experiences increased volatility ahead of major options expiries, with sharp price movements likely once contracts expire and open interest resets.

Price fluctuations near the expiry could trigger volatile swings as traders close positions and unwind hedges, according to market observers.

The expiry falls during a holiday week when market liquidity is typically reduced, allowing large orders to move prices more significantly than during normal trading periods.

The figures underscore the growing institutional presence in cryptocurrency markets, with derivatives flows increasingly influencing price movements, according to market analysts.

TLDR

Table of Contents

TLDRCash Position Strengthens Balance SheetTD Cowen Maintains Bullish OutlookGet 3 Free Stock Ebooks

Strategy sold 4.5 million common shares last week for $748 million in net proceeds
Company’s cash reserves now total $2.19 billion, enough to cover 32 months of obligations
Bitcoin purchases paused as company rebalances assets during crypto downturn
Strategy holds 671,268 Bitcoin worth over $59 billion at current prices
TD Cowen maintains buy rating with $500 price target despite stock trading around $165

Strategy sold 4.5 million shares of its Class A common stock between December 15 and 21. The sale generated $747.8 million in net proceeds through the company’s at-the-market offering program.

The cash infusion pushed Strategy’s U.S. dollar reserves to $2.19 billion. Executive chairman Michael Saylor announced the updated figures in a post this week.

The company did not purchase any Bitcoin during the period. Its last Bitcoin acquisition occurred on December 15, when it bought 10,645 BTC for $980.3 million at an average price of $92,098 per coin.

Strategy Inc, MSTR

Strategy now holds 671,268 Bitcoin worth over $59 billion. The company acquired its Bitcoin stash at an aggregate purchase price of $50.33 billion, with an average cost of $74,972 per coin.

The company established its U.S. dollar reserve in early December with an initial $1.44 billion. The reserve supports dividend payments on preferred stock and interest payments on outstanding debt.

Strategy stated it intends to maintain reserves sufficient to cover at least 12 months of obligations. The company aims to eventually expand coverage to 24 months or more.

Cash Position Strengthens Balance Sheet
TD Securities analysts led by Lance Vitanza said the expanded cash reserve strengthens Strategy’s ability to operate through challenging market conditions. The reserve now covers roughly 32 months of interest and dividend obligations.

“The move underscores the company’s balance sheet strength and should alleviate concerns about its ongoing viability, even in a prolonged ‘crypto winter’ scenario,” the analysts wrote in a Monday report.

Over the past four weeks, Strategy sold more than 22 million shares. The sales roughly matched average daily trading volume without disrupting market liquidity, according to TD Securities.

Strategy shares traded around $165 at the time of writing. The stock is down over 43% year-to-date.

TD Cowen Maintains Bullish Outlook
TD Securities reiterated its buy rating on Strategy with a $500 price target. The target represents potential upside of nearly 200% from current levels.

The analysts forecast Strategy could own approximately 835,000 Bitcoin by the end of fiscal year 2027. They project intrinsic Bitcoin value of roughly $380 per share in one year and $515 in two years.

TD Cowen analysts noted that concerns about Strategy’s balance sheet viability appear overblown. The company’s recent actions to shore up liquidity demonstrate financial strength during market stress.

Bitcoin was trading near $89,433, down 4.4% over the past 12 months. Strategy common stock has fallen nearly 50% over the past year.

Crypto Journalist

Anas Hassan

Crypto Journalist

Anas Hassan

Part of the Team Since

Jun 2025

About Author

Anas is a crypto native journalist and SEO writer with over five years of writing experience covering blockchain, crypto, DeFi, and emerging tech.

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Last updated: 

December 23, 2025

Bitcoin remains range-bound heading into Christmas as thinning liquidity and year-end de-risking push traders to the sidelines, with perpetual open interest dropping $3 billion for BTC and $2 billion for ETH overnight, leaving markets vulnerable to sharp moves in either direction despite reduced leverage, according to QCP Capital.

While gold surged to fresh all-time highs, gaining 67% year to date, Bitcoin has failed to break free from consolidation between $85,000 support and $93,000 resistance, closing out what analysts call its “weakest year-end performance in seven years.”

The compression comes ahead of Friday’s record-breaking Boxing Day options expiry, when roughly 300,000 Bitcoin option contracts worth $23.7 billion, alongside 446,000 IBIT option contracts, will expire.

This, according to QCP, represents over 50% of Deribit’s total open interest.

Source: X/@coinbureauOpen interest in $85,000 puts has drifted lower from 15,000 to roughly 12,000 contracts as spot stabilizes, while $100,000 calls have held relatively stable around 17,000 contracts, indicating residual optimism for a Santa rally despite limited conviction.

Year-End Flows Amplify Volatility RiskBitcoin risk reversals show easing bearish sentiment compared to the past 30 days, gradually normalizing toward pre-October levels as downside positioning softens, QCP observed.

Tax-loss harvesting ahead of the December 31 deadline could amplify short-term volatility, particularly since crypto investors can realize losses and immediately re-establish positions without wash-sale rule restrictions that apply to equities.

“Holiday-driven moves have historically tended to mean-revert,” QCP stated, noting that Christmas week price action typically fades as liquidity returns in January, “much like low-liquidity weekend spikes that often retrace once markets reopen.“

Beyond options flows, on-chain data reveals weakening buying pressure across multiple metrics.

CryptoQuant analysis shows a declining buy-volume divergence in Binance futures markets, resembling the 2021 cycle structure, where price continued to rise while volume consistently declined, which is a trend that has yet to recover.

Source: CryptoQuantActive addresses are also declining sharply, indicating that on-chain OTC activity and overall market participation are fading.

Source: CryptoQuantBitcoin ETFs have recorded $461.8 million in outflows over three days, led by BlackRock’s $173.6 million and Fidelity’s $170.3 million as year-end risk-off pressure builds.

Institutional Holders Stay Steady Despite DrawdownDespite a more than 30% drawdown from October highs, U.S. spot Bitcoin ETF holdings have declined by less than 5%, indicating institutional allocators are largely holding through the current downturn.

“Selling pressure is primarily retail-driven from leveraged and short-term participants,” Ray Youssef, CEO of NoOnes, told Cryptonews.

Backing this, recent data show that global crypto ETPs have attracted $87 billion in net inflows since U.S. Bitcoin ETPs launched in January 2024.

Source: X/@CointelegraphHe added that Bitcoin “has not traded like digital gold in 2025” due to heightened sensitivity to macroeconomic factors, with upside now “tied to liquidity expansion, sovereign policy clarity, and risk sentiment, rather than to monetary debasement alone.“

Speaking with Cryptonews, Farzam Ehsani, Co-founder and CEO of VALR, also noted that “the end of this year remains one of the more challenging periods for cryptocurrencies in recent years, amid seasonal weakness, persistent overbought conditions, and a return of investor interest to more conservative instruments, primarily US government bonds.“

He outlined two plausible scenarios:

Either the current drawdown reflects strategic positioning by large players ahead of renewed accumulation.
The market is undergoing a deeper reset driven by macro headwinds and Federal Reserve policy.
Recovery Timeline Extends Into 2026Speaking with Cryptonews, John Glover, Chief Investment Officer of Ledn, expects “continued volatility with prices dipping to between $71k and $84k, which will form the bottom of Wave IV” before the fifth and final wave begins.

“My Wave V remains at $145k to $160k,” he stated, though completion of the current correction “will take months to finish.”

Source: TradingViewEhsani sees scope for Bitcoin to revisit the $100,000–$120,000 range in the second quarter of 2026, noting that “a renewed historical price high could occur as early as the first half of 2026.”

Notably, Michael Van De Poppe also observed that rejection at $90,000 “isn’t a bad sign, as of yet,” with markets clearly wanting “$86K to hold as support” to provide enough momentum to challenge resistance zones.

#Bitcoin rejects at a crucial resistance zone and continues the sideways price action.

That's unfortunate, but it remains to be building and upwards trend on the lower timeframes.

Rejection at $90K isn't a bad sign, as of yet.

The markets clearly want $86K to hold as… pic.twitter.com/iBG0xqPQ7o

— Michaël van de Poppe (@CryptoMichNL) December 23, 2025

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XRP Faces Rising Negativity — A Classic Signal for a Potential Price ReboundAccording to leading on-chain analytics firm Santiment, XRP is facing unusually high levels of negative social media sentiment. 

Source: SantimentWhile this may seem bearish, history suggests it often signals the opposite. In crypto markets, extreme retail pessimism has frequently preceded strong price rebounds, positioning XRP at a potential contrarian inflection point.

Santiment’s sentiment analysis gauges crowd psychology by tracking social media discussions to determine whether traders are predominantly bullish or bearish. When negative sentiment rises well above historical norms, it signals that fear and doubt may be peaking. 

At these extremes, selling pressure often fades, setting the stage for a potential market reversal rather than further downside.

Well, this pattern reflects a classic market dynamic: prices often move against the crowd. When retail sentiment turns broadly pessimistic, most selling is already exhausted, leaving the market primed for a rebound. 

At that point, even modest buying pressure can spark upward momentum. Historically, Santiment shows that assets with unusually negative sentiment tend to outperform in the short to medium term as sentiment mean-reverts.

XRP is currently trading at $1.89, according to Coincodex, with sentiment firmly bearish and the Fear & Greed Index at 24, signaling extreme fear. 

While the token has struggled to sustain upside momentum in recent sessions, this deepening pessimism may be a contrarian signal. Historically, sentiment-driven traders view such conditions not as red flags, but as potential accumulation zones that often precede a rebound.

Specifically, negative sentiment alone doesn’t trigger instant price gains, market conditions, liquidity, and macro factors remain key. Still, extreme sentiment signals a shift in risk-reward dynamics, often favoring potential upside.

What’s next? Well, the current environment calls for attention, not panic. Overwhelmingly negative social media sentiment often signals emotional fatigue, not fundamental weakness. Historically, such extremes are when savvy investors quietly position themselves ahead of reversals.

XRP’s surge in bearish commentary may be less a warning and more a setup. If history holds, widespread doubt could fuel a surprise price rebound, a reminder that in crypto, sentiment extremes often mark opportunity.

ConclusionExtreme social media negativity on XRP may signal opportunity rather than alarm. Historically, when retail sentiment hits deep pessimism, rebounds often follow. At $1.89, XRP could be at a pivotal point, making this a key moment for contrarian-minded investors to assess risk and position for potential upside.

TLDR

Table of Contents

TLDRAggressive Accumulation StrategyStock Doubles on Treasury BetStaking Revenue on the HorizonGet 3 Free Stock Ebooks

BitMine acquired 29,462 ETH worth $88 million through BitGo and Kraken exchanges on Monday
Total holdings now exceed 4 million ETH with a treasury valued at approximately $12 billion
BMNR stock has surged over 110% since launching Ethereum accumulation strategy in June
Company targets acquiring 5% of Ethereum’s total circulating supply
Upcoming MAVAN staking network will generate revenue from ETH holdings

BitMine Immersion Technologies expanded its Ethereum position with an $88 million purchase this week. The Tom Lee-backed company bought 29,462 ETH on Monday through cryptocurrency platforms BitGo and Kraken.

Onchain analyst Lookonchain spotted the transactions using Arkham Intelligence data. BitMine has not publicly confirmed these specific purchases yet.

The company did announce Monday that it acquired 98,852 ETH last week. BitMine now controls 4,066,062 ETH tokens purchased at an average price of $2,991 each.

Bitmine Immersion Technologies, Inc., BMNR

At current market prices, the treasury holds roughly $12 billion in value. This makes BitMine the largest corporate holder of Ethereum globally.

Aggressive Accumulation Strategy
The NYSE-listed firm launched its Ethereum treasury plan on June 30, 2024. Since then, the company has relentlessly accumulated tokens to reach its goal of owning 5% of Ethereum’s circulating supply.

Tom Lee serves as BitMine Chairman and co-founded investment research firm Fundstrat. He believes Ethereum will transform global finance through its dominance in DeFi and tokenization.

“We are making rapid progress towards the ‘alchemy of 5%’ and we are already seeing the synergies borne from our substantial ETH holdings,” Lee said in Monday’s statement.

Lee positioned BitMine as a bridge between traditional finance and blockchain. The company engages with developers in the DeFi community while facilitating Wall Street’s move toward tokenization.

Stock Doubles on Treasury Bet
BMNR shares delivered outsized returns since the treasury strategy began. The stock climbed more than 110% from June through its peak rally.

Shares traded at $31.09 on Tuesday, down 1.52% for the day. The stock previously soared from single digits to above $50 before consolidating at current levels.

Investors treat BitMine as a leveraged play on Ethereum. The company offers exposure to ETH’s upside while maintaining a debt-free balance sheet.

Ethereum traded at $2,954.98 on Tuesday, dropping 2.3% during the session. Retail sentiment for ETH registered as ‘bearish’ with ‘low’ chatter volume.

Staking Revenue on the Horizon
BitMine plans to monetize its massive ETH position through staking operations. The company is developing its Made in America Validator Network, known as MAVAN.

This staking infrastructure will generate passive income from the treasury holdings. The revenue model adds another layer to BitMine’s Ethereum investment thesis.

DefiLlama data confirms Ethereum leads all blockchains in DeFi activity measured by total value locked. The network maintains its dominance despite growing competition from other Layer-1 chains.

BitMine continued buying even as crypto markets faced volatility. The company’s consistent accumulation demonstrates conviction in Ethereum’s long-term potential. The firm operates with clear targets and a defined strategy for building the largest corporate Ethereum treasury in existence.

Real Vision CEO Raoul Pal says the crypto market has likely hit its “final low” and urges investors to “do nothing” but hold as a massive wave of global liquidity prepares to hit markets in 2026.

What Happened: In a recent interview on the When Shift Happens podcast, Pal reinforced his “Everything Code” thesis, arguing that the recent correction was a necessary clearing event before the next leg up.

Pal argues that retail investors lose money by over-trading or using leverage during volatility and would be better advised to follow a two-pronged “do nothing” strategy:

The Minimum Regret Portfolio: Pal advocates for a concentrated bet on major Layer-1 blockchains rather than chasing memecoins. “Layer-1s won’t go to zero in one cycle,” Pal noted.

The 5-Year Cycle: Contrary to the popular 4-year halving theory, Pal argues this cycle extends into 2026 due to debt rollovers. “Liquidity really is required in 2026 because we’ve got $10 trillion to roll.”
Instead of focusing on majors like Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) or XRP (CRYPTO: XRP), Pal remains “massively overweight” on Sui (CRYPTO: SUI).

Using Metcalfe’s Law models regarding active users and stablecoin flows, Pal estimates Sui is approximately 80% undervalued compared to Solana (CRYPTO: SOL).

He acknowledges the ecosystem relies on Mysten Labs proving adoption, but views the risk/reward as convex.

Why It Matters: Pal points to upcoming banking regulation changes as a silent signal that the Fed and Treasury are preparing to flood the system.

New rules allowing banks to hold Treasuries with lower risk weighting could unleash unlimited purchasing power.

Pal argues that fiscal stimulus, such as President Donald Trump‘s much-touted “no tax on tips,” and expansionary monetary policy in China could combine for a “perfect storm” for risk assets.

One overlooked beneficiary of such a development may be privacy coins like Zcash (CRYPTO: ZEC).

Still, Pal warns of “renting conviction” from prominent backers and stated that he is waiting for ZEC to form a “higher low” and prove the trend isn’t just a rotation of capital before allocating.

What’s Next: Pal predicts the total crypto market cap will reach $100 trillion over the next decade.

For 2026, his thesis is simple: the liquidity that was drained in late 2025 is coming back with a vengeance.

“We’re 3% of the way there,” Pal stated. “Just don’t get shaken out.”

Read Next:

Cardano’s Hoskinson Says ‘Time to Get Cooking’ With Solana: Is A SOL-ADA Cooperation Coming?
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Your day-ahead look for Dec. 23, 2025Updated Dec 23, 2025, 12:30 p.m. Published Dec 23, 2025, 12:15 p.m.

Risk aversion puts the brakes on any bitcoin advance. (GoranH/Pixabay modified by CoinDesk)

What to know: You are viewing Crypto Daybook Americas, your morning briefing on what happened in the crypto markets overnight and what's expected during the coming day. Crypto Daybook Americas will kickstart your morning with comprehensive insights. If you're not already subscribed to the email, click here. You won't want to start your day without it.

Crypto Daybook Americas will be on hiatus for a while starting Wednesday. We'll be back Jan. 5 with your regular wake-up call of what stirred the industry overnight and what's coming up in the day ahead. Wishing you and yours a wonderful holiday season!

By Omkar Godbole (All times ET unless indicated otherwise)

STORY CONTINUES BELOW

The crypto market mood remains somber ahead of the U.S. GDP data report due later today, which is expected to show the world's largest economy held firm in the third quarter.

Bitcoin BTC$87,695.37, the largest cryptocurrency by market value, fell to $87,500 after failing to hold gains above $90,000 on Monday. All 16 CoinDesk indexes are down over 24 hours, with the DeFi Select index dropping 4% and the metaverse index losing over 3%. HASH and RAIN are the only top-100 tokens by market cap to have gained more than 6% over the past 24 hours.

The overall weak tone is confounding, given the continued decline in the dollar index, which generally bodes well for risk assets, including cryptocurrencies. The DXY has dropped below 98.00 and is on the verge of hitting its lowest since early October.

"It is noteworthy that this occurred against the backdrop of a decisive rally in gold and other precious metals, as well as the momentum of the weakening dollar. This once again highlights the change in the underlying attitude to risk, which is also confirmed by the sell-off of global bonds," Alex Kuptsikevich, chief market analyst at FxPro, said in an email.

"In the coming weeks, we can expect an even more pronounced decline in cryptocurrencies, as well as the spread of risk aversion to stocks and currencies of developing countries," he said.

At 8:30 a.m., the U.S. Bureau of Economic Analysis will unveil its preliminary estimate for the third-quarter gross domestic product. Most economists forecast an annualized 3.2% growth rate for the period, with some eyeing a print as high as 3.5%.

Figures like these indicate a slowing from the second quarter's 3.8% pace, yet still comfortably exceed the 2.6% average maintained since late 2021.

A weaker-than-expected print could reignite demand for BTC, though it will be interesting to see whether it sustainably lifts prices above $90,000, a level that has acted as a ceiling lately.

In traditional markets, futures tied to the S&P 500 and Nasdaq are little changed, indicating a lack of directional clarity at the opening bell. Historically, these indexes have fared well during the final days of the year.

Gold's rally continues, with the metal approaching $4,500 per ounce. Meanwhile, the yen strengthened against the dollar on speculation the Bank of Japan could intervene in FX markets to stall the currency's recent slide. Stay alert!

Read more: For analysis of today's activity in altcoins and derivatives, see Crypto Markets Today

What to WatchFor a more comprehensive list of events this week, see CoinDesk's "Crypto Week Ahead".

CryptoDec. 23, 9 a.m.: FLR$0.01149 AMA on XDec. 23, 11 a.m.: NATIX$0.0₃2951 live “WorldSeek Demo” on X.MacroDec. 23, 8:30 a.m.: U.S. Oct. Durable Goods Orders MoM Est. -1.5%; Ex. Transport MoM Est. 0.3%; Ex. Defense MoM (Prev. 0.1%).Dec. 23, 8:30 a.m. U.S. Q3 PCE Prices QoQ (second estimate). Headline Est. 2.9%; Core Est. 2.9%.Dec. 23, 8:30 a.m.: U.S. Q3 GDP (initial estimate) (Prev. 3.8%).Dec. 23, 10 a.m.: Dec. CB Consumer Confidence Est. 92.Earnings (Estimates based on FactSet data)Nothing scheduled.Token EventsFor a more comprehensive list of events this week, see CoinDesk's "Crypto Week Ahead".

Governance votes & callsYearn DAO is voting to rotate multisig signers (YIP-89) and enact a yETH recovery plan (YIP-90) that utilizes Treasury yield, a 10% revenue redirect, and forfeited claims to repay users. Voting ends Dec. 23.GMX DAO is voting to seed the new GMX-Solana deployment with $400,000 USDC, using half to buy GMX tokens to create a balanced initial liquidity pool. Voting ends Dec. 23.Aave DAO is voting to reclaim full ownership of brand assets, including domains, social handles, and naming rights, from service providers like Aave Labs, transferring them to a DAO-controlled entity to prevent private misuse. Voting ends Dec. 26.UnlocksNo major unlocks.Token LaunchesDec. 23: Aster's stage 5 buyback program Starts.ConferencesFor a more comprehensive list of events this week, see CoinDesk's "Crypto Week Ahead".

Nothing scheduled.Market MovementsBTC is down 0.44% from 4 p.m. ET Monday at $87,638.35 (24hrs: -2.41%)ETH is down 0.2% at $2,967.13 (24hrs: -2.47%)CoinDesk 20 is down 0.3% at 2,717.75 (24hrs: -2.16%)Ether CESR Composite Staking Rate is up 4 bps at 2.84%BTC funding rate is at 0.0046% (5.0315% annualized) on BinanceDXY is down 0.39% at 97.90Gold futures are up 1.04% at $4,516.00Silver futures are up 1.66% at $69.70Nikkei 225 closed little changed at 50,412.87Hang Seng closed down 0.11% at 25,774.14FTSE is little changed at 9,869.30Euro Stoxx 50 is little changed at 5,742.58DJIA closed on Monday up 0.47% at 48,362.68S&P 500 closed up 0.64% at 6,878.49Nasdaq Composite closed up 0.52% at 23,428.83S&P/TSX Composite closed up 0.77% at 32,000.10S&P 40 Latin America closed up 0.42% at 3,100.71U.S. 10-Year Treasury rate is down 2.6 bps at 4.145%E-mini S&P 500 futures are unchanged at 6,932.75E-mini Nasdaq-100 futures are unchanged at 25,706.00E-mini Dow Jones Industrial Average Index futures are unchanged at 48,687.00 Bitcoin StatsBTC Dominance: 59.58% (unchanged)Ether to bitcoin ratio: 0.03388 (-0.24%)Hashrate (seven-day moving average): 1,051 EH/sHashprice (spot): $37.27Total Fees: 2.55 BTC / $227,479CME Futures Open Interest: 112,885 BTCBTC priced in gold: 20.8 ozBTC vs gold market cap: 5.86%Technical Analysis

SOL's daily chart in candlestick chart. (TradingView)

The chart shows solana's SOL$124.14 daily price swings in candlestick format. The token price recently broke below the weekslong sideways consolidation pattern only to bounce back on the following day, trapping bears on the wrong side of the market. That's a classic "Wyckoff spring action," pointing to seller fatigue, often the first sign of an impending trend reversal higher. The bullish reversal, however, needs confirmation in the form of a break above the upper boundary of the channel formation. Crypto EquitiesCoinbase Global (COIN): closed on Monday at $247.9 (+1.13%), pre-market down 0.57% to $246.49Circle Internet (CRCL): closed at $87 (+1.01%), -1.44% at $85.74Galaxy Digital (GLXY): closed at $24.61 (+2.54%), -0.49% at $24.49Bullish (BLSH): closed at $45.52 (+2.06%), -2.16% at $44.58MARA Holdings (MARA): closed at $10.13 (-0.49%), -0.79% at $10.05Riot Platforms (RIOT): closed at $14.4 (-0.69%), -0.14% at $14.38Core Scientific (CORZ): closed at $15.79 (+1.22%), -0.16% at $15.77CleanSpark (CLSK): closed at $12.1 (+0.58%), -0.91% at $11.99CoinShares Valkyrie Bitcoin Miners ETF (WGMI): closed at $42.18 (+2.63%)Exodus Movement (EXOD): closed at $15.77 (+1.68%)Crypto Treasury Companies

Strategy (MSTR): closed at $164.32 (-0.3%), -0.45% at $163.52Semler Scientific (SMLR): closed at $17.41 (2.9%), unchangedSharpLink Gaming (SBET): closed at $9.57 (-2.45%), -0.52% at $9.52Upexi (UPXI): closed at $1.99 (-4.33%), -1.01% at $1.97Lite Strategy (LITS): closed at $1.41 (-1.4%), unchangedETF FlowsSpot BTC ETFs

Daily net flows: -$142.2 millionCumulative net flows: $57.25 billionTotal BTC holdings ~1.31 millionSpot ETH ETFs

Daily net flows: $84.6 millionCumulative net flows: $12.55 billionTotal ETH holdings ~6.09 millionSource: Farside Investors

While You Were SleepingBitcoin trails polar opposites, gold and copper, as the 'fear and AI' trade lifts tangible assets (CoinDesk): Investors seeking both safety and growth appear to have reached an unexpected consensus in 2025: Bitcoin is failing to capture either trade.Miner capitulation is a contrarian signal, indicating renewed bitcoin momentum, VanEck says (CoinDesk): The past 30 days marked the steepest hashrate drop since April 2024, a pattern historically linked to miner capitulation and markets nearer local bottoms than tops.AAVE falls 18% over week as dispute pulls down token deeper than major crypto tokens (CoinDesk): A governance clash over control of branding and public messaging has weighed on sentiment, despite founder Stani Kulechov purchasing $12.6 million worth of AAVE tokens.More For You

State of the Blockchain 2025

Dec 19, 2025

L1 tokens broadly underperformed in 2025 despite a backdrop of regulatory and institutional wins. Explore the key trends defining ten major blockchains below.

What to know:

2025 was defined by a stark divergence: structural progress collided with stagnant price action. Institutional milestones were reached and TVL increased across most major ecosystems, yet the majority of large-cap Layer-1 tokens finished the year with negative or flat returns.

This report analyzes the structural decoupling between network usage and token performance. We examine 10 major blockchain ecosystems, exploring protocol versus application revenues, key ecosystem narratives, mechanics driving institutional adoption, and the trends to watch as we head into 2026.

View Full Report

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Bitcoin finds its legs: Crypto Daybook Americas

Dec 22, 2025

Your day-ahead look for Dec. 22, 2025

What to know:

You are viewing Crypto Daybook Americas, your morning briefing on what happened in the crypto markets overnight and what's expected during the coming day. Crypto Daybook Americas will kickstart your morning with comprehensive insights. If you're not already subscribed to the email, click here. You won't want to start your day without it.

Read full story

Top Stories

Companies controlled by senior executives at Tether were reportedly among the buyers of Peak Mining, the bitcoin mining arm sold by Northern Data, which is majority owned by the stablecoin giant.

Ethereum stablecoins are showing a big shift in how people use them. Recent data from Artemis Analytics reveals a fresh look at how stablecoins work on the Ethereum network.
Ethereum stablecoins are becoming real money for companies and everyday use.

What Are Ethereum Stablecoins Used For?
Ethereum stablecoins are price-stable digital tokens pegged to real currencies, such as the U.S. dollar. The most common ones on Ethereum are USDC and USDT. These coins are digital cash you can send, receive, or spend anytime. Historically, people used them to exchange value, but new research shows the story is changing.

1/ How are stablecoins actually being used? New research by @lightspark and @artemis unpacks the data. Volume has doubled year-over-year, but it’s not driven by retail adoption… pic.twitter.com/RbPPh38pQo

— Christian Catalini (@ccatalini) December 19, 2025

How People and Businesses Actually Use Them
1) Peer-to-Peer Transactions
Looking at transaction volume, about 67% of Ethereum stablecoin transfers are between individual wallets. But that doesn’t mean the biggest amounts of money are moving that way.

The majority of those person-to-person transfers are smaller, often less than $1,000. They’re simple value exchanges, like tipping friends, splitting bills, or sending small payments on the chain.

2) Business-to-Business
When you switch from counting transactions to counting value transferred, something big shows up. Business-to-business (B2B) interactions account for far more stablecoin volume than you might think. Even though B2B transfers occur less often, they tend to be much larger in dollar terms. Companies are using Ethereum stablecoins to pay suppliers, settle invoices, move big sums, or manage treasury activity.

Most stablecoin transactions on Ethereum are P2P at 67%

Most of the volume isn’t (only 24%).

Over the last 12 months:

B2B volume grew 156%

Average transaction size rose 45%

P2B grew fastest at 167%

Institutions aren’t sending more payments. They’re sending bigger ones.… pic.twitter.com/Mz03DHzhuS

— James ⟠ | Snapcrackle.eth (@Snapcrackle) December 22, 2025

3) Growing Person-to-Business Payments
Another trend is P2B (person-to-business), where a consumer pays a business. This slice is growing fastest and outpacing simple P2P payments in growth rate. That means regular users are using stablecoins to buy things or pay for services, not only to send money to friends.

Why This Matters
Ethereum still hosts about half of the world’s stablecoin supply, making it a major hub for value transfer. Stablecoin payment volume accounts for a large share of on-chain transfers, up to ~47% when including all payments.

Most of the value is often in a small number of large wallets, indicating that companies and financial players are now big users. This suggests that individuals are no longer the sole consumers of Ethereum stablecoins. They are now used in real financial commerce, such as traditional banking rails, but globally, on a digital platform.

📊 INSIGHT: Ethereum stablecoin B2B volume is up 156%, while P2B leads growth at +167%.

Pointing to larger institutional payments and faster consumer-to-business adoption, per Ethereum Foundation Head of Ecosystem James Smith. pic.twitter.com/LPvjmOtFZ7

— Cointelegraph (@Cointelegraph) December 23, 2025

Conclusion
Ethereum stablecoins are currently facing a pivotal moment. What started as a tool for simple transfers between friends is now becoming a real payment network for business and commerce. Stablecoins are moving beyond speculation to actual, real-world value exchange.

Disclaimer
The information provided by Altcoin Buzz is not financial advice. It is intended solely for educational, entertainment, and informational purposes. Any opinions or strategies shared are those of the writer/reviewers, and their risk tolerance may differ from yours. We are not liable for any losses you may incur from investments related to the information given. Bitcoin and other cryptocurrencies are high-risk assets; therefore, conduct thorough due diligence. Copyright Altcoin Buzz Pte Ltd.