Despite Coinbase's latest financial report showing poor performance, resulting in a big dump of over 15% in stock price, investment experts suggest not to be overly pessimistic. Gautam Chhugani, an analyst at the prominent brokerage firm Bernstein, believes that the second quarter is not crucial for Coinbase. He pointed out that the overall digital asset market only began to show signs of recovery in July, so the performance in the second quarter does not fully reflect the company's true potential.

What is even more noteworthy is that Chhugani revealed an exciting trend in the latest analysis report: Coinbase's trading activity saw a significant rebound in July. The company's trading revenue for the month reached $360 million, a staggering 44% increase compared to the monthly average level in the second quarter. This data undoubtedly adds a lot of confidence to the company's development prospects for the second half of the year.

Based on these positive signals, Bernstein maintained its "outperform" rating on Coinbase stock and stuck to a target price of $510. This judgment indicates that, although it may face volatility in the short term, Coinbase is still viewed as a cryptocurrency trading platform with high investment value in the long run.

As the digital asset market gradually warms up, whether Coinbase can maintain the strong momentum of July and achieve greater breakthroughs in the second half of the year will become the focus of close attention in the industry. For investors, this may be an opportunity to reassess Coinbase's potential, while also needing to carefully weigh short-term fluctuations against long-term development prospects.