According to Bernstein Report, This Crypto Exchange Will Triple Its Trading Volume! What Does It Mean?

Robinhood’s crypto revenues are expected to grow rapidly, with trading volume expected to triple by 2026, according to a new report by Bernstein.

Bernstein Says Robinhood’s Crypto Trading Volume Will Triple by 2026 as Market Rally Continues

The bullish forecast comes after the company’s strong earnings report last week that led Bernstein analysts to nearly double their price target for Robinhood stock to $105 per share.

Bernstein believes that the ongoing crypto bull market, fueled by the rise of stablecoins and tokenized securities, will extend into 2026 and provide a major tailwind for Robinhood’s business.

Currently, crypto trading accounts for 40% of Robinhood’s total trading revenue, while non-crypto trading (stocks, options, and other assets) accounts for the remaining 60%.

Bernstein predicts that this balance will shift in the next two years, with crypto becoming Robinhood’s primary source of revenue.

Robinhood has been steadily increasing its crypto-focused offerings as it aims to become a major entry point into the digital asset space for retail traders.

“We want to be kind of an on-ramp into the crypto world,” Johann Kerbrat, general manager of Robinhood’s crypto division, said in an interview last December.

Bernstein’s bullish outlook aligns with a January report from Morgan Stanley, which predicted that a more favorable U.S. regulatory environment would allow Robinhood to “participate more aggressively” in the crypto sector, unlocking even greater revenue potential.

Despite the firm’s growing reliance on crypto, Bernstein analysts argue that Robinhood’s diversified offerings will help reduce risk from crypto’s notorious volatility.

By expanding its access to tokenized assets and stablecoins, the company is positioning itself to weather market volatility while benefiting from long-term crypto adoption trends.

*This is not investment advice.