Why is CRCL getting so much good news lately but still not hitting new highs? 1. After the Clear Act got rejected, Plan B kicked off. 2. Then came the news that Binance bought $100M worth of CRCL stock. 3. Plus, rumors are spreading that the U.S. is pushing a global stablecoin plan based on the U.S. dollar. So many big moves, but why isn’t Circle going up? The core reason is still that the market is waiting— waiting for something more certain. That is, USDC breaking its all-time high issuance. When will it break $80B? When will it break $100B? No matter how much positive news or policy support there is, it ultimately has to reflect in the company’s fundamentals. It all comes down to whether USDC’s growth meets expectations. This is even more important than CRCL’s profitability at this stage.