According to @StockMarketNerd, Bank of America estimates the quantum computing total addressable market in five years at about $4B, while IonQ’s ($IONQ) current market capitalization is about $20B. According to @StockMarketNerd, this implies a market-cap-to-TAM multiple near 5x today, and even under an $8B TAM scenario by 2030 the multiple would be roughly 2.5x, which the author characterizes as ridiculously priced. According to NIST, current public-key cryptosystems based on RSA and elliptic-curve cryptography are vulnerable to sufficiently large quantum computers, which is directly relevant to BTC and ETH security given their use of ECDSA, according to Bitcoin Core documentation and the Ethereum Yellow Paper.

According to @StockMKTNewz, 35 U.S.-listed stocks set new all-time highs intraday on Sep 23, 2025, including JPM, TSM, GS, AXP, GE, CAT, WFC, HOOD, WDC, STX, and WELL; source: @StockMKTNewz. The source also lists APH, APP, AU, AVAV, BK, CCJ, CLS, CMI, DGX, FLEX, HWM, IONQ, IREN, LRCXX, MCK, MS, NBIS, NEM, NU, QBTS, RGTI, TDY, and TPR among the names hitting all-time highs; source: @StockMKTNewz. For crypto-equity traders, note that HOOD, IONQ, QBTS, RGTI, and IREN are included in today’s all-time-high tape; source: @StockMKTNewz.

According to Charles Edwards, quantum-related stocks were the only segment that rallied yesterday again, showing concentrated momentum in the theme. Source: Charles Edwards on X, Sep 17, 2025. He reports the Q4 quantum basket is up 35 percent over the last 4 days. Source: Charles Edwards on X, Sep 17, 2025. He also notes IONQ gained 41 percent in the same 4-day period. Source: Charles Edwards on X, Sep 17, 2025.

According to @StockMarketNerd, IONQ, RGTI, and QBTS collectively hold roughly $25B in market capitalization and are expected to generate $122M in total 2025 revenue (source: @StockMarketNerd). Based on @StockMarketNerd’s figures, that implies an aggregate forward price-to-sales ratio of about 205x for the trio, a core valuation input for trade setup and risk calibration (source: @StockMarketNerd). Using @StockMarketNerd’s numbers, revenue density equates to roughly $4.88M per $1B of market cap, offering a simple benchmark to track any 2025 guidance changes against the current valuation (source: @StockMarketNerd). The source does not cite any direct cryptocurrency market linkage for these quantum computing names (source: @StockMarketNerd).

According to @stocktalkweekly, Rosenblatt has initiated coverage on IonQ (IONQ) with a Buy rating and a 12-month price target of $70. The firm highlights IonQ as an attractive entry point for investors seeking exposure to the rapidly growing quantum computing sector. This bullish outlook may influence both tech and crypto markets, as advancements in quantum computing could drive further blockchain innovation and impact cryptocurrency security protocols (source: @stocktalkweekly).