Top 3 Blockchain Stocks to Watch Closely This Week – Late December 2024

Why Are Heating Up Right Now

Blockchain technology is changing how we handle money, data, and even everyday services. As crypto markets rebound and big companies adopt blockchain, investors are turning to blockchain stocks for growth. These are shares in public companies that make money from blockchain, crypto mining, exchanges, or related tech. They offer a way to invest in blockchain without buying coins directly.

Right now, trading volume is spiking for some top names. High volume means more buyers and sellers, which can signal big moves ahead. In this post, we dive into the top 3 blockchain stocks with the highest recent dollar trading volume. These picks – Core Scientific (CORZ), Figure Technology Solutions (FIGR), and Globant (GLOB) – stand out for their strong ties to blockchain and potential for gains. Let’s break them down.

1. Core Scientific (CORZ): The Mining Powerhouse

Core Scientific leads in digital asset mining across North America. They run data centers that mine Bitcoin and other cryptos. Their business splits into two main parts: Mining (where they mine for themselves) and Hosting (where they help other miners with equipment setup, monitoring, fixes, and upkeep).

Why watch CORZ now? Mining stocks like this one thrive when Bitcoin prices rise or mining gets more efficient. With crypto prices climbing lately, Core Scientific’s facilities are buzzing. They offer blockchain infrastructure and software too, making them a full-service player. High trading volume shows investors betting on their expansion as more firms outsource mining.

• Key Strengths: Large-scale data centers, own mining ops, hosting for big clients.
• Risks: Energy costs, Bitcoin price swings, regulations on mining.
• Recent Buzz: Surging volume points to interest in their growth plans.

If you’re into crypto exposure through stocks, CORZ is a direct play on mining’s future.

2. Figure Technology Solutions (FIGR): Revolutionizing Finance with Blockchain

Figure is using blockchain to build the next era of capital markets. Their tech handles lending, trading, and investing in consumer credit and digital assets. By applying blockchain ledgers, they speed up processes, cut costs, boost liquidity, and standardize deals.

What makes FIGR exciting? Traditional finance is slow and expensive. Figure’s blockchain fixes that with secure, fast transactions. They’re not just in crypto – they’re blending it with real-world finance like home loans and investments. As blockchain goes mainstream, companies like Figure could see huge adoption from banks and investors.

• Key Strengths: Proprietary blockchain for lending and assets, focus on efficiency.
• Risks: New tech adoption hurdles, competition from big banks.
• Recent Buzz: Top trading volume suggests smart money is piling in.

FIGR offers a bridge between old finance and blockchain innovation – perfect for long-term holders.

3. Globant (GLOB): The Tech Giant with Blockchain Expertise

Globant provides tech services worldwide, with a big focus on digital solutions. They cover blockchain, cloud, AI, cybersecurity, IoT, metaverse, and more. They also help enterprises with tools from AWS, Google Cloud, Salesforce, and others, plus custom Agile setups and process tweaks.

Why is GLOB a blockchain stock to follow? They’re not pure-play crypto, but blockchain is core to their offerings. As companies rush to integrate distributed ledgers for supply chains, payments, and data security, Globant’s expertise shines. Their global reach means they’re working with Fortune 500 firms on blockchain projects.

• Key Strengths: Broad tech services including blockchain, strong enterprise clients.
• Risks: Slower growth if tech spending dips, broad exposure beyond blockchain.
• Recent Buzz: High volume amid rising demand for blockchain consulting.

GLOB gives diversified exposure – blockchain growth without full crypto volatility.

How These Compare

These three top the charts for recent dollar volume among blockchain stocks. CORZ is purest crypto, FIGR blends finance, and GLOB adds stability.

The Bigger Picture: Risks and Opportunities in Blockchain Investing

Blockchain stocks can deliver big returns as adoption grows. Think faster payments, secure data, and new markets like DeFi. But watch out for:

1. Volatility: Tied to crypto prices and news.
2. Regulations: Governments are still figuring out rules.
3. Company Risks: Execution issues or competition.

Still, with Bitcoin ETFs approved and enterprises testing blockchain, 2025 looks bright. These high-volume picks are where action is happening.

Final Thoughts: Time to Add These to Your Watchlist?

The top 3 blockchain stocks – CORZ, FIGR, and GLOB – are must-watches this week. High trading volume means momentum is building. Do your own research, check charts, and consider your risk tolerance. Blockchain is evolving fast – don’t miss the ride.

Stay tuned for more updates on best blockchain stocks 2024 and crypto investing tips. What’s your top pick? Share in the comments!

Keywords: blockchain stocks, best blockchain stocks, CORZ stock, FIGR stock, GLOB stock, crypto mining stocks, top crypto stocks December 2024

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