– December 26th

In the ever-evolving world of cryptocurrency and distributed ledger technology, blockchain stocks offer investors a gateway to the explosive growth of this sector without directly holding digital assets. As Bitcoin and other cryptocurrencies hit new highs toward the end of 2024, trading volumes in blockchain-related equities have surged. According to recent market scans, five standout names—Core Scientific (CORZ), Figure Technology Solutions (FIGR), Bitdeer Technologies Group (BTDR), Globant (GLOB), and Digihost Technology (DGXX)—top the list for highest dollar trading volume among blockchain stocks. These companies are not just riding the crypto wave; they’re building the infrastructure and solutions powering it.

This article dives deep into why these promising blockchain stocks to watch now are generating buzz. Whether you’re a seasoned investor or dipping your toes into crypto exposure, understanding their operations, growth potential, and risks is key. Let’s explore each one.

What Are Blockchain Stocks and Why Watch Them in December 2024?

Blockchain stocks represent publicly traded companies deeply involved in blockchain technology or cryptocurrency activities. This includes miners extracting value from proof-of-work networks like Bitcoin, infrastructure providers hosting mining rigs, exchanges facilitating trades, and enterprise developers integrating blockchain into traditional finance and tech services.

Investing in these stocks provides indirect exposure to blockchain’s transformative potential—in areas like secure transactions, decentralized finance (DeFi), NFTs, and supply chain transparency—while trading on major exchanges like NASDAQ or NYSE. However, they come with heightened volatility tied to crypto prices, regulatory shifts, and energy costs.

Right now, on December 26th, these five stocks lead in trading activity, signaling strong investor interest amid a potential crypto bull run. High volume often precedes price momentum, making them blockchain stocks to watch for short-term trades or long-term holds.

1. Core Scientific (CORZ): The Mining and Hosting Powerhouse

Core Scientific stands out as a leader in North American digital asset mining. Operating through Mining and Hosting segments, the company mines Bitcoin for its own account while offering colocation services to other miners. This includes deploying hardware, real-time monitoring, optimization, and maintenance in state-of-the-art data centers powered by blockchain infrastructure and software solutions.

What makes CORZ a top blockchain stock to watch? Its scale and efficiency. With vast facilities optimized for low-cost energy, Core Scientific benefits directly from Bitcoin’s price surges. Recent expansions into high-performance computing (HPC) beyond crypto diversify its revenue, positioning it for AI and cloud synergies. As mining difficulty rises, its hosting services provide stable income streams less tied to spot prices.

• Key Strengths: Large-scale operations, dual revenue model (mining + hosting), energy-efficient facilities.
• Growth Catalysts: Bitcoin halving aftermath, potential U.S. crypto-friendly policies.
• Watch For: Quarterly hash rate updates and energy cost metrics.

Traders are piling in, driving record volumes— a sign this promising blockchain stock could break out.

2. Figure Technology Solutions (FIGR): Revolutionizing Capital Markets

Figure Technology Solutions is at the forefront of blockchain’s financial applications. Using proprietary ledger tech, it powers next-gen lending, trading, and investing in consumer credit and digital assets. By tokenizing assets on blockchain, Figure enhances liquidity, speed, and standardization—solving pain points in traditional finance.

Why is FIGR buzzing among blockchain stocks? It’s bridging TradFi and DeFi. Platforms like Provenance Blockchain enable real-world asset (RWA) tokenization, a trillion-dollar opportunity. With partnerships in mortgages and securities, Figure is poised for mass adoption as regulators warm to blockchain in finance.

• Key Strengths: Proven tech stack, focus on RWAs, regulatory compliance edge.
• Growth Catalysts: Rising demand for tokenized securities, expanding DeFi integrations.
• Watch For: New product launches and institutional adoption metrics.

High trading volume reflects investor bets on Figure’s role in the tokenized economy.

3. Bitdeer Technologies Group (BTDR): Cloud Hash Rate Innovator

Bitdeer operates as a blockchain computing specialist, offering hash rate sharing via Cloud Hash Rate and a marketplace, plus full-service mining rig hosting. It also mines cryptocurrencies independently, emphasizing efficiency and scalability.

BTDR earns its spot on promising blockchain stocks lists through innovation. Its cloud solutions democratize mining, letting users rent hash power without hardware hassles. This model scales with crypto demand and hedges against hardware obsolescence. Backed by strong management, Bitdeer is expanding globally.

• Key Strengths: User-friendly cloud mining, comprehensive hosting, proprietary tech.
• Growth Catalysts: Ethereum staking shifts, altcoin mining booms.
• Watch For: Hash rate contracts and profitability margins.

Volume spikes indicate traders see BTDR as a pure-play crypto infrastructure bet.

4. Globant (GLOB): Enterprise Blockchain Integrator

Globant provides cutting-edge tech services worldwide, with blockchain as a core pillar alongside AI, cloud, cybersecurity, IoT, and metaverse solutions. It helps enterprises adopt distributed ledgers for everything from supply chains to digital experiences, partnering with giants like AWS, Google Cloud, and Salesforce.

As a diversified blockchain stock, GLOB appeals to risk-averse investors. Its blockchain expertise drives custom solutions, from smart contracts to tokenized assets. With a global footprint, it’s capitalizing on corporate blockchain pilots turning into full deployments.

• Key Strengths: Broad service portfolio, enterprise focus, agile methodologies.
• Growth Catalysts: AI-blockchain convergence, metaverse expansions.
• Watch For: Client wins in Web3 and contract backlogs.

Surging volume underscores GLOB’s stability in the volatile blockchain space.

5. Digihost Technology (DGXX): Focused U.S. Crypto Miner

Digihost Technology, headquartered in Canada but mining in the U.S., specializes in digital currency extraction. Since 2017, it’s honed operations for efficient Bitcoin and altcoin production.

DGXX rounds out our blockchain stocks to watch with its nimble, U.S.-centric approach. Low-latency facilities and renewable energy pushes make it competitive. As a smaller cap, it offers high-upside potential in bull markets.

• Key Strengths: U.S. operations, cost controls, experienced team.
• Growth Catalysts: Capacity expansions, favorable energy deals.
• Watch For: Mining output and cash flow reports.

Risks and Strategies for Investing in Blockchain Stocks

While these promising blockchain stocks shine, risks loom large:

• Volatility: Tied to crypto prices—expect 50%+ swings.
• Regulation: SEC scrutiny on miners and tokenization.
• Competition: Hash wars and tech disruptions.
• Energy Costs: Critical for miners like CORZ and DGXX.

Investment Tips:

1. Diversify across miners, infrastructure, and enterprise plays.
2. Use dollar-cost averaging to mitigate volatility.
3. Monitor Bitcoin dominance and halving cycles.
4. Track on-chain metrics and ETF inflows for macro signals.

Final Thoughts: Position for Blockchain’s Next Chapter

As of December 26th, Core Scientific (CORZ), Figure Technology Solutions (FIGR), Bitdeer (BTDR), Globant (GLOB), and Digihost (DGXX) lead blockchain stocks to watch now. Their high trading volumes signal momentum, but due diligence is essential. With blockchain infiltrating finance, tech, and beyond, these companies could deliver outsized returns in 2025.

Stay ahead: Bookmark this list, set alerts on these tickers, and research their latest earnings. The blockchain revolution is here—will you ride the wave?