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SOFi Stock Sees Massive Rise In Momentum As Mastercard Stablecoin Deal Goes Live

SoFi Technologies Inc. (NASDAQ:SOFI) is capturing significant market attention this week as its momentum score surged from 39.06 to 63.72.

Momentum Spikes, Growth Remains Elite For SOFI

While SOFI’s price trend is currently flagged as downward in the short and medium term, according to Benzinga Edge’s Stock Ranking, its growth ranking remains elite at 95.27, reflecting a robust expansion in earnings and revenue.

Strategic Crypto Integration

The momentum shift is largely attributed to SoFi’s aggressive expansion into digital asset infrastructure. The company recently announced that its U.S. dollar-pegged stablecoin, SoFiUSD, will now serve as a settlement option across Mastercard’s global…

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