Circle strengthens its correlation with Ethereum and DeFi in 2026

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The correlation between Circle and Ethereum continues to strengthen, marking a positive turning point for the project. According to NS3.AI analyses, this phenomenon reflects an increasing integration between Circle and the broader DeFi ecosystem, in a context where stablecoin solutions and decentralized protocols are converging further.

This increased correlation suggests that Circle now tracks Ethereum’s movements more closely, which could indicate greater market confidence in its role within decentralized finance. However, despite this momentum, investors remain cautious: concerns persist regarding the project’s valuation and the intense competitive pressures in the stablecoin sector.

Circle’s price remains volatile, illustrating the ongoing uncertainty characterizing the cryptocurrency market. While this volatility offers short-term opportunities, it also highlights the risks of over-reliance on the correlation with Ethereum. Investors will need to monitor whether this strengthened correlation will solidify or if it remains a cyclical trend in an always unpredictable market.

ETH4,18%
DEFI8,07%
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