CRCL Stock Drops 18% as USDC Activity Jumps 600%

TLDR CRCL stock fell about 18% after a six-week rally of more than 100%. The shares traded near $104 to $110, down 35% from the recent $150 peak. USDC added about $4.5 billion in net supply year to date in 2026. ERC 20 stablecoin activity has surged 600% since March 2025. Circle reported $770 million in Q4 2025 revenue and beat earnings estimates. Circle Internet Group’s CRCL stock dropped about 18% after a steep rally, even as USDC usage surged 600% year over year. The shares traded near $104–$110 on March 24, down from last week’s peak near $150. The pullback followed a six-week surge of 100% to 160%, driven by analyst upgrades and stablecoin demand. Circle Internet Group, CRCL CRCL stock Pulls Back After Six-Week Rally CRCL stock traded around $103 on March 24, according to KnockoutStocks data. The company held a market value of $27.7 billion during the session. The shares swung between $118.8 and $130.5 before settling lower. The stock now trades about 35% below last week’s peak near $150. It also stands more than 20% below intraday highs reached earlier in March. MarketChameleon placed short-term support near $119.3 and resistance around $134. The range reflects sharp volatility following a parabolic rise. USDC added about $4.5 billion in net supply year to date, according to Artemis and MEXC data. The increase ranks as the largest among stablecoins in 2026. Analysts estimate USDC now controls roughly 64% of adjusted stablecoin transaction volume. ERC-20 stablecoin activity has climbed 600% since March 2025. Active addresses increased from about 85,000 to nearly 600,000 during that period. The data shows steady on-chain growth despite the recent equity decline. Wall Street Flags Rate and Valuation Risks Circle reported $770 million in revenue for Q4 2025, above the $745 million estimate. The company posted earnings per share of $0.43, beating the $0.35 forecast. The results exceeded expectations by nearly 23%. A 158-year-old investment bank reaffirmed a “neu...