The GraniteShares 2x Long Coinbase Daily ETF (CONL) surged 6.42% to close at $46.22 on January 29, 2025, as Coinbase Global (COIN) experienced a 2.86% increase to $289.89, driven by strategic moves to strengthen its political and regulatory positioning. Coinbase's recent addition of high-profile figures to its advisory board, including former Trump campaign manager Chris LaCivita and ex-Fed President William Dudley, signals a proactive approach to navigating the evolving regulatory landscape under the Trump administration. This move is seen as a bid to leverage favorable regulatory conditions and enhance its influence in Washington, potentially easing previous SEC scrutiny. Analysts have responded positively, with Mizuho upgrading Coinbase to "outperform" and raising its target price to $290, reflecting confidence in the company's strategic direction.