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#CircleStockRises5%
Circle Internet Group (NYSE/CRCL) shares closed up 5.59% today at $118.09. This performance comes after Bernstein analysts raised their street-high price target to $190, and the stock has gained strong momentum recently. The company's USDC stablecoin has grown 72% year-over-year; trading volume has reached record levels, and revenue from new business lines has increased 15-fold quarter-on-quarter. Circle CEO Jeremy Allaire emphasized that they are providing "strong guidance for 2026" during the Q4 earnings call. Analysts also cite Mastercard's new crypto partnership program and the overall positive sentiment in the crypto market as supporters of the rise. CRCL, which has traded in the $49.90-$298.99 range for the past 52 weeks, has a market capitalization of approximately $28 billion. Investors are focusing on Circle's long-term potential, which maintains its leading position in the stablecoin sector.