In this article, we will take a look at the 11 best blockchain stocks to buy. You can skip our detailed analysis of these companies, and go directly to the 5 Best Blockchain Stocks to Buy.
It is no surprise that the blockchain sector has garnered strong optimistic future projections from research firms. For instance, PricewaterhouseCoopers, which is one of the biggest accounting firms in the world, believes that blockchain technology can contribute $1.76 trillion to the global economy by 2030. Some of the areas that the firm’s research division believes will benefit from adopting blockchain technologies include contracts and dispute resolution, financial services, supply chain management across a diverse array of industries such as fashion and mining and other areas such as credential and identity verification.
Research firm Fortune Business Insights estimates a compound annual growth rate (CAGR) of 56.1% for the blockchain sector by 2027, anticipating that the market will be worth $69.04 by the year.
Similarly, Markets And Markets believes that the blockchain sector will have a CAGR of 67.3% from 2020 to 2025, a figure that is even more optimistic than that reported by Fortune Business Insights. The research firm goes on to state that by the end of 2025, the market with the help of the CAGR reported above will have grown to $39.7 billion from an estimated size of $3 billion from the end of 2020.
Finally, Mordor Intelligence, who analyzes the Blockchain as a Service segment of the market, which is one that caters mostly to enterprises, believes that by the end of 2026, this segment will have grown by a CAGR of 15.2%.
Our Methodology
In a highly growing sector that consists of both public and privately listed firms, it is important to know which companies are the right pick for investment. Therefore, we use data that involves looking at the total number of hedge fund investors that have bought equity in a company and listing down the firms with the largest number of…
