Robinhood's stock has experienced a significant upsurge, reaching new 52-week highs, following a report of robust growth in assets under custody and trading volumes for February. The trading platform's assets under custody ended February at $118.7 billion, marking a 16% increase from January. Additionally, February saw a +$20 billion equity trade volume and a +$600 million crypto notional volume. Analysts at Bernstein have initiated coverage of Robinhood with an 'Outperform' rating and a $30 price target, citing a 'Monster Crypto Cycle' expected to almost triple the total crypto market cap to $7.5 trillion by 2025, with an 83% upside. This bullish outlook is supported by institutional adoption and growth forecasts for major cryptocurrencies, including Bitcoin, which is expected to reach a $3 trillion market cap and $150,000 per unit by 2025. Robinhood's shares surged nearly 13% in premarket trading on Thursday, reflecting the market's optimistic response to the company's performance and the broader crypto market's potential.