Key Insights
- Most crypto stocks have plunged in the past few months.
- MSTR stock will be in focus as its freefall continues.
- Other top crypto stocks to watch are Coinbase and Circle.
Most crypto stocks retreated in the final half of 2025 as Bitcoin and most altcoins tumbled. This trend may continue in the foreseeable future unless these assets rebound. This article looks at some of the top crypto stocks to watch in 2026.
MicroStrategy’s Crypto Stocks Plunge and Bitcoin Treasury Outlook
Michael Saylor’s Strategy ranked among Wall Street’s most desired firms earlier in 2025. By year’s end, it became the worst performer in the Nasdaq 100 Index, highlighting the volatility of crypto stocks. MSTR stock plunged by over 40% during the year and by over 70% from its all-time high.
The company’s freefall coincided with the ongoing plunge in Digital Asset Treasury (DAT) companies. It also happened as the short interest soared to over 10% after Jim Chanos and Andrew Left’s Citron Research blasted the company.
MicroStrategy has now continued to dilute its shareholders by selling shares to buy Bitcoin. As a result, its market net-asset value (mNAV) continued falling and turned negative.
Therefore, the MSTR stock price will be in the spotlight as investors watch its performance. Also, MSCI will make its decision on whether to remove it and the DATs from global indices.
The company will also be watched as investors ponder on whether it will sell its Bitcoin to fund dividends and debt.
Other top Bitcoin treasury companies to watch in 2026 include Metaplanet and Twenty One Capital. Bitcoin Standard Treasury Company and Strive also stand out as key players.
Coinbase Stock in Focus as Competition Rises
Coinbase’s stock price has tumbled by nearly 50% from its highest point in 2025 to the current $226. It has moved to the lowest level since May last year, erasing billions of dollars in value.
COIN stock will be one of the top crypto stocks to watch this year as competition in the industry rises. More companies are considering launching crypto trading solutions this year.
For example, Charles Schwab has committed to launching trading services in the first quarter. SoFi is also running a trial for its crypto solutions as it seeks to reach out to millions of its existing clients.
Competition will also come from crypto exchanges such as OKX and Binance. Both are actively expanding their solutions in the US market.
Coinbase stock will also be in the spotlight as investors watch the performance of its recently launched predictions market. Most importantly, Base, the layer-2 network it launched in 2023, will launch its BASE token later this year.
Circle Stock in the Spotlight Ahead of Arc Launch
Circle was the biggest initial public offering in the crypto industry in 2025. It was received well as it came after Donald Trump signed the GENIUS Act into law.
The stock initially surged to $298. Then, it pulled back to the current $79 as the momentum faded and the crypto crash intensified.
Looking ahead, the company will be in the spotlight this year as the developers launch Arc. Circle describes Arc as a layer-1 blockchain focused on the stablecoin industry.
It will use USDC as the native gas, offer instant finality, have privacy features, and have a built-in FX engine. Therefore, Circle stock will react to its launch and the success of the Arc token.
IREN Stock in Focus Amid the AI Boom
IREN is one of the top crypto stocks to watch in 2026. The company came into the spotlight in the second half of the year, with its stock soaring from $5 to over $70.
This surge happened as the Bitcoin mining company expanded its business to the AI data center industry. It then inked a $9.7 billion deal with Microsoft.
IREN stock has now pulled back to $37. Therefore, it will remain in the spotlight as investors watch its growth and profitability.
Other Top Crypto Stocks to Watch
There will be other popular crypto stocks to watch in 2026. For example, Kraken will be watched as it files for its initial public offering. Also, SpaceX, which holds Bitcoins worth millions, will go public during the year. The other top cryptocurrency stocks to watch are firms like TeraWulf and Bitfarms.
Crispus is a distinguished Financial Analyst at, bringing over 12 years of expertise in cryptocurrency markets, specializing in Bitcoin and altcoins. Renowned for his sharp insights at the nexus of market trends and breaking news, Crispus delivers actionable analysis to empower investors. His work is prominently featured across leading platforms, including BanklessTimes, CoinJournal, HypeIndex, SeekingAlpha, Forbes, InvestingCube, Investing.com, and MoneyTransfers.com, cementing his reputation as a trusted voice in the financial world.
