In this piece, we will discuss the 7 Best Blockchain Stocks to Buy Right Now.
As Reuters reported on March 30, 2026, the relevance of blockchain is spreading beyond the domain of mere trading and speculation, with blockchain analytics firm Chainalysis showing that groups linked to Russia and Iran are increasingly using cryptocurrency to fund the purchase of low-cost military drones and their components.
According to the report, pro-Russia groups have been able to raise more than $8.3 million in cryptocurrency donations since Russia’s invasion of Ukraine in 2022, with blockchain researchers tracing transactions ranging from $2,200 to $3,500 that matched specific drone items sold through e-commerce sites.
As Chainalysis’s Andrew Fierman stated, blockchain can help trace counterparties and provide insight into the intentions behind their purchases.
On the other hand, on March 24, 2026, Reuters revealed that the New York Stock Exchange, which is part of Intercontinental Exchange, has partnered with Securitize to assist in the creation of token versions of traditional securities.
As per the collaboration, Securitize would be the first digital transfer agent to be eligible to create blockchain-based versions of the securities on the upcoming digital trading platform affiliated with the NYSE. As stated by NYSE President Lynn Martin, the infrastructure being developed must continue to provide the trust, transparency, and protections that investors expect, showing that blockchain is being seen not just as a means of tracing the flow of assets but also as a means of changing the capital markets themselves.
With this background in mind, we will now move to our list of the 7 best blockchain stocks to buy right now.
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Methodology
To curate our list of the best blockchain stocks to buy right now, we relied on the screener and financial media to identify companies tied to blockchain technology. Next, we assessed hedge fund sentiment for each stock, ranking them in ascending order by the number of hedge funds holding bullish positions in the respective companies as of Q4 2025.
Note: Data was extracted as of March 30, 2026.
7. Canaan Inc. (NASDAQ:CAN)
Canaan Inc. (NASDAQ:CAN) is included in our list of the 7 best blockchain stocks to buy right now.
As of March 30, 2026, 86% of covering analysts maintain “Buy” ratings for Canaan Inc. (NASDAQ:CAN), signaling positive analyst sentiment. A 408.52% upside potential is implied by the consensus price target of $2.00.
On March 10, 2026, Canaan Inc. (NASDAQ:CAN) disclosed the company’s unaudited February 2026 bitcoin mining update, highlighting the ongoing expansion of its energy-integrated mining technology.
Canaan Inc. (NASDAQ:CAN) reported that it mined 86 bitcoin during the month and ended February with a record treasury of 1,793 BTC and 3,952 ETH, valued at almost $128 million, adjusted for digital assets held by its joint venture. While non-JV operating hashrate was 6.90 EH/s, Canaan Inc. (NASDAQ:CAN)’s deployed hashrate was 14.75 EH/s, including 4.4 EH/s linked to its 49% share in the Alborz, Bear, and Chief Mountain data centers. Additionally, the average all-in electricity cost recorded was $0.044/kWh.
According to CEO Nangeng Zhang, the outcomes show that Canaan Inc. (NASDAQ:CAN)’s energy-focused strategy and U.S. expansion are advancing. The company’s expanding digital asset reserves continue to bolster the balance sheet, he added.
Moreover, Canaan Inc. (NASDAQ:CAN) added 120 MW of power capacity at an average cost of less than $0.03/kWh to its current installed North American capacity of 98.4 MW as part of its recent West Texas expansion.
Canaan Inc. (NASDAQ:CAN) focuses on the development and sale of Bitcoin mining machines and related services. At the same time, the company is expanding its global mining operations and energy integration strategy by growing its focus on efficient and environmentally conscious cryptocurrency mining infrastructure.
