Wall Street analysts are lowering their performance forecasts for Coinbase and other cryptocurrency companies as trading volume and token prices have fallen to their lowest levels since the end of 2023. Barclays has downgraded Coinbase's credit rating and predicts a significant decline in its profits; meanwhile, Oppenheimer, although somewhat optimistic, has also lowered its estimates for trading volume and revenue. Despite strong growth in emerging sectors such as stablecoins, derivatives, and real-world assets (RWA), these gains are currently unable to offset the downturn in core trading operations. This has forced analysts to revisit and adjust their expectations ahead of the upcoming earnings report.