Blockchain Statistics and Trends to Be Aware Of

Written By
I. Mitic
Updated
January 12,2025

Everybody’s talking about blockchain.

But, if you listen closely, you may begin to suspect that some aren’t quite sure what blockchain technology is, why it’s important, or what it can do.

Yes, blockchain technology is the foundation of Bitcoin and other cryptocurrencies. However, computer scientists and business leaders think it has the potential to transform global commerce, law, politics, and more.

Consider elections. With blockchain technology, each vote could be recorded anonymously in an unalterable public ledger. The final results would be beyond question, with no possibility of tampering.

A blockchain-equipped car could pay for its own fuel with cryptocurrency. In the face of an accident, it could automatically contact the insurance company and send precise information about the damage.

These are just two examples out of potentially thousands of ways blockchain technology could transform the way we live by making data open, anonymous, and unalterable.

Key Blockchain Statistics for 2025 - Editor’s Choice

  • About 90% of US and European banks had started exploring blockchain’s potential.  
  • 74% of tech-savvy executive teams say they believe there’s huge business potential in blockchain technology. 
  • Financial institutions alone have spent about $552 million on blockchain-powered projects.
  • The blockchain market was worth $21.3 billion in 2024.
  • More than 6.9% of the global population use blockchain or own cryptocurrencies in 2025.
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Blockchain, as we know it today, was invented by an individual or a group of people using the pseudonym Satoshi Nakamoto. 

(Investopedia, Bitcoin.org, The Economist)

The blockchain serves as the public transaction ledger for the first and best-known cryptocurrency, Bitcoin. Satoshi conceived a peer-verified electronic currency that would allow monetary transactions to be performed directly between two parties without the need for intermediaries.

The blockchain itself is actually a list of records, or blocks, which are connected cryptographically. Each block contains transaction data (such as date, time, and amount) as well as the cryptographically secured unique electronic address of the parties involved in each transaction.

Every block also stores a code called a “hash” that uniquely identifies it. Every user of Bitcoin’s blockchain has a copy of their entire transaction history. The fact of the transaction is public and unalterable due to hashes that link each block in the chain to the previous and following blocks. The nature of the transaction and the identities of the parties involved are private. 

When two people engage in a transaction, every computer belonging to the blockchain network has to verify it by solving a complex mathematical problem. Only once the verification is complete is the transaction block added to the chain. This is one reason blockchain eliminates the need for an intermediary when performing monetary transactions. 

Serving as the foundation for an electronic currency is just one application of blockchain technology. Blockchains can also store medical records, contracts, or even voting results, all of which are automatically verified by the network. 

The first mention of the word blockchain occurred on BitcoinTalk, the world's largest forum dedicated to Bitcoin.

(CoinDesk)

According to early Bitcoin developers, the term blockchain was not used initially. Satoshi Nakamoto, the inventor(s) of Bitcoin, referred to the technology as a "proof-of-work" chain.

BitcoinTalk forum users came up with the term during a discussion about how much time it takes to download Bitcoin's "blockchain," referring to the entire history of Bitcoin transactions. 

Blockchain Market Data

The blockchain in the financial and banking sector will grow by 55.3% in 2025. 

(The Business Research Company)

Additionally, the growth is expected to continue at a 39.4% CAGR until 2030.

90% of U.S. and European banks and financial institutions have begun exploring the adoption of blockchain technology. 

(Law Technology Today, BlockTelegraph)

The financial sector accounts for the biggest share of investments made in pursuit of incorporating blockchain technology.

Blockchain could reduce investment banks’ infrastructure costs by 30%. 

(Accenture Consulting)

According to a survey of eight banks by Accenture Consulting, the potential savings on a cost base of $30 billion are more than $8 billion. 

The blockchain market is expected to grow to $248.9 billion in 2029 with a CAGR of 65.5%

(Markets and Markets)

Such rapid blockchain growth is explained by increasing demand for this technology across all industries, from financial services, through consumer and industrial goods, all the way to media, telecom, transport, healthcare, and public services.

Nu Holdings Ltd is considered the largest blockchain organization in the world by market valuation of $64.11 billion in 2024. 

(Investopedia)

Other entries on the list of the biggest blockchain companies are the digital currency exchange Coinbase (valued at $53.54 billion) and MicroStrategy Inc with a market cap of $24.77 billion.

The global blockchain revenue in the food and agriculture industries reached $0.58 billion by 2024. 

(BIS Research)

The market is expected to see an annual compund growth rate of 45.2% in 2025, reaching $0.84 billion.

33% of companies in consumer products and manufacturing have already implemented blockchain technology.

(Statista)

Life sciences industries (including biotech, medical devices, and pharma) take second place, with 23% of companies already using blockchain. 

There are social networks that run on blockchains. 

(Steemit, CoinMarketCap, Live Coin Watch)

One of the best-known is Steemit, a blogging network that rewards users for posting or curating content. The network’s base token is called Steem. Every time a user uploads articles or posts comments, he or she is rewarded with the network’s native token.

There are more than 90 million blockchain wallets as of 2024. 

(Blockchain.com)

Blockchain.com has seen the number of wallets rise from 81 million just a few years earlier.

US spending on blockchain-based products and services is expected to reach $41 billion in 2025. 

(Statista)

This will represent a 1,200% increase compared to just five years before.

It is expected that blockchain-based projects will add more than $176 billion of value to businesses in 2025. 

(Gartner)

Gartner predicts that the projects’ value will surge to over $3.1 trillion by 2030 when blockchain becomes a mainstream technology. 

44% of gamers have either purchased or traded game items using blockchain tech. 

(Statista)

The blockchain-powered gaming marketplace has some serious advantages over traditional solutions.

Thanks to decentralized ledger technology, blockchain users around the world can buy, exchange, and even create and sell gaming items, which will surely change the gaming industry as we know it.

It is expected that the global spending on blockchain in the healthcare market will hit $1.83 billion in 2025. 

(Towards Healthcare)

The same research indicates that the market will grow to $25.52 billion by 2034.

In 2024, around 6.9% of the global population used blockchain technology and owned cryptocurrencies.

(Triple A)

This is is a big increase from 4.1% just two years earlier.

The most infamous (and largest) blockchain hack happened at the Mt. Gox cryptocurrency exchange. 

(CoinSutra)

The attack occurred in 2014 when Mt. Gox was handling about 70% of the world’s Bitcoin exchanges. Soon after that, Mt. Gox ceased operations and filed for bankruptcy. More than 750,000 BTCs (around $14.02 billion at the time of writing) were stolen from the exchange.

This isn’t the only time an incident like this happened, and exchanges are always under threat of attack. As such, it’s important to do your research and only entrust your cryptocurrencies to the best exchanges you can find.

The blockchain AI market will be worth more than $0.7 billion in 2025.

(The Business Research Company)

This will represent a growth of 23.2% compared to 2024.

North America leads the blockchain market, with more than 40% of the global revenue in 2024.

(Virtue Market Research)

The current dominance of the North American region is expected to continue in the coming years as well.

The Asia-Pacific region saw a staggering 72% increase in blockchain-focused startups in 2024.

(Virtue Market Research)

Asia is heavily investing in blockchain, which can be seen in this explosion of investment compared to just a year before.

Sources

About author

For years, the clients I worked for were banks. That gave me an insider’s view of how banks and other institutions create financial products and services. Then I entered the world of journalism. Fortunly is the result of our fantastic team’s hard work. I use the knowledge I acquired as a bank copywriter to create valuable content that will help you make the best possible financial decisions.

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