Coinbase's shares rose after announcing the acquisition of Liquifi, a token management platform, with Oppenheimer suggesting the stock still has potential. However, its Layer 2 solution, Base, experienced a net outflow of $4.3 billion this year, reversing its previous strong performance. Analysts are also scrutinizing the risks to USDC, a stablecoin backed by Circle and Coinbase. Despite mixed market conditions, Coinbase's strategic moves and partnerships, such as with Webull, indicate growth potential amid volatility.