7 High-Volume Blockchain Stocks to Watch Before Year-End 2024
Why Are Buzzing Right Now
Blockchain technology is changing how we handle money, data, and even capital markets. As Bitcoin and other cryptos see ups and downs, smart investors look at blockchain stocks for indirect exposure. These are shares in public companies that build, mine, or use blockchain in their core work. They include miners, tech providers, and firms with big crypto holdings.
Right now, seven stocks stand out due to high trading volume. This means lots of buying and selling action, which can signal interest from big players. But remember, high volume also brings volatility. In this post, we break down each one, their business, and why they matter for your portfolio in late 2024.
What Makes a Stock a Blockchain Play?
Blockchain stocks focus on:
- Crypto mining and hosting services
- Blockchain software for finance and trading
- Tech services with blockchain integration
- Validator nodes and staking platforms
Investing here lets you bet on blockchain growth without buying crypto directly. With clearer U.S. regulations on the horizon and more companies adopting the tech, 2025 could be big. But risks like price swings, rules changes, and tech shifts are real.
1. Core Scientific (CORZ): Mining Powerhouse
Core Scientific leads in North American digital asset mining. They run data centers for mining Bitcoin and offer hosting for other miners. Services include setup, monitoring, fixes, tweaks, and upkeep of mining gear. They mine for themselves too.
Why watch? High energy efficiency and expansion plans make them ready for the next Bitcoin boom. Recent volume spikes show trader excitement.
2. Figure Technology Solutions (FIGR): Blockchain for Finance
Figure uses blockchain to modernize lending, trading, and investing. They focus on consumer credit and digital assets. Their tech boosts speed, cuts costs, and improves liquidity using blockchain ledgers.
Why watch? As traditional finance meets crypto, Figure bridges the gap. Their solutions could explode with tokenized assets gaining steam.
3. Globant (GLOB): Tech Giant with Blockchain Edge
Globant delivers global tech services, including blockchain, AI, cloud, cybersecurity, and more. They help big firms with digital shifts using tools from AWS, Google Cloud, and others.
Why watch? Blockchain is just one tool in their kit, but it pairs well with AI and metaverse plays. Steady growth and diverse services lower pure crypto risk.
4. Digihost Technology (DGXX): Focused Crypto Miner
Digihost mines cryptocurrencies in the U.S. from their Toronto base. Simple business: find and secure digital coins.
Why watch? Pure-play miners like this ride Bitcoin’s price waves. High volume suggests bets on a rally soon.
5. Bitdeer Technologies Group (BTDR): Full Mining Suite
Bitdeer offers hash rate sharing, cloud mining, and full hosting. They deploy, maintain, and manage rigs while mining for profit.
Why watch? One-stop shop for miners. Their tech edge in efficiency could shine as energy costs rise.
6. Nukkleus (NUKK): Fintech with Blockchain Twist
Nukkleus builds software for forex trading, risk management, cross-border payments, and blockchain services for institutions.
Why watch? Blends traditional finance with blockchain. Growing demand for fast, secure global payments favors them.
7. BTCS (BTCS): Staking and Validation Leader
BTCS runs validator nodes on key blockchains and offers staking via StakeSeeker. Builder+ optimizes Ethereum blocks for max rewards.
Why watch? Shift from mining to staking post-Ethereum merge boosts them. Passive income focus appeals in low-energy era.
Risks and Tips for
These stocks surged in volume, but crypto ties mean wild rides. Watch for:
- Bitcoin halvings and price drops
- New SEC rules
- Competition from giants like MicroStrategy
Tip: Diversify. Mix with stable tech stocks. Use dollar-cost averaging to handle volatility. Track news on ETF approvals and adoption.
The Bigger Picture: Blockchain’s 2025 Outlook
Expect more real-world use in supply chains, DeFi, and NFTs. With Trump-era pro-crypto vibes, these stocks could lead a rally. High volume now might mean smart money positioning early.
Do your homework. Check earnings, charts, and analyst views.
Final Thoughts
From miners like Core Scientific to innovators like Figure, these seven
