Coinbase ranks 260th on the App Store, retail investors have not yet entered strongly into the new cycle.

Coinbase is currently ranked 260 on the App Store in America, indicating that the level of participation from retail investors is still quite low despite the price of Bitcoin and altcoin having risen to the sky.

In previous cycles, when Coinbase soared to the top of the app rankings, it was often a sign of peak market euphoria. In November 2024, during the memecoin boom, Coinbase's position jumped from 480 to 12 in a short period, reflecting the rapid change in FOMO sentiment.

Currently, data shows that the price increase is largely driven by institutional money and professional investors, while retail has not yet entered strongly. The question is whether retail participation will explode again to push the cycle to its peak, or will the market maintain a “calm” state with the main momentum coming from large capital flows.