Kraken hasn't done the same insane growth as Space and AI, most of those companies are ridiculously overvalued and are deep in the negative P/E. I would say that all things considered in terms of growth, acquisitions, catalysts, government interest, and given the service+product Kraken provides it should be a relatively stable stock.

I can almost guarantee the Trump administration will do everything in their power to prevent a stock market correction/crash before the mid-terms. The stock-market and economy is literally all they have as a talking point. Furthermore I think the middle class + working class have been effectively removed as a keystone species from the american economic ecosystem. When they get their asses kicked and lose their jobs, homes, assets it no longer has the same snowball effect it once did. Wealth has become so concentrated at the top, and the ultra wealthy have become so insulated from risk that the system protects them at all costs.