Shares of major cryptocurrency-related companies rose following the passage of new crypto and stablecoin legislation, which also includes provisions for integrating crypto into retirement accounts. Coinbase's stock surged by 8% to $443, marking a 329% increase in recent trading, while Robinhood's shares climbed 1.6%. Circle's stock increased by 2%, and MicroStrategy's shares rose by 0.6%. Market analysts noted that Coinbase and Robinhood reached all-time highs, with Circle's stock trading at eight times its IPO price. Additionally, other crypto firms such as Gemini, Kraken, and BitGo are preparing for initial public offerings later this year. Despite the overall positive momentum, some observers highlighted that Circle and Coinbase are experiencing slower growth compared to Robinhood, which is expanding rapidly. Following the price surge, some traders suggest that Coinbase and Robinhood may have reached short-term peaks.