SoFi Technologies (NASDAQ:SOFI | SOFI Price Prediction) has set up attractively after a brutal first half of 2026.

Cboe data suggests bullish flow in SoFi Technologies (SOFI), with shares up $1.03, or 5.75%, near $18.95. Options volume more than double the daily average with 534k contracts traded and calls leading puts for a put/call ratio of 0.38, compared to a typical level near 0.45. Implied volatility (IV30) is higher by 3.3 points near 49.74,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.59. Put-call skew flattened, suggesting a modestly bullish tone.

Fintech is Friday's sympathy trade, driven by Bitcoin‘s (CRYPTO:BTC)'s breakout pulling capital into retail brokerages and crypto-linked fintech corners.

Cryptocurrency and blockchain-related stocks surged in premarket trading on Thursday after U.S. President Donald Trump urged Congress to ​pass legislation establishing clear rules for the digital asset sector, ‌following a White House meeting with industry executives.

Jim Cramer used a recent CNBC Stop Trading segment to push back against what he sees as reflexive analyst enthusiasm for a narrow group of fintech names.

SOFI's record $14.8 billion loan originations signal strong momentum, but credit performance and funding costs remain key as lending expands.

Fintech names are rebounding at midday Wednesday. SoFi Technologies (NASDAQ:SOFI | SOFI Price Prediction) stock is up 6% to $18.66, Upstart Holdings (NASDAQ:UPST) stock is up 8% to $31.58, and Affirm Holdings (NASDAQ:AFRM) stock is up 7% to $78.55.

SoFi's diversified revenues, stronger profitability and deposit funding give it an edge over Upstart, despite its richer forward sales valuation.

Shares of SoFi have slumped over 30% this year. The company is growing briskly.

Entering this year, retail traders expected big things of SoFi Technologies (SOFI). The fintech stock was commanding plenty of adulation in social media investing circles.