In this piece, we discuss the 9 Best Blockchain Infrastructure Stocks According to Analysts.
Recently, significant developments have taken place in the blockchain infrastructure space, with major advancements facilitating the development of tokenization infrastructure. As evidence of this, Nasdaq announced that it is collaborating with Payward, the parent company of cryptocurrency exchange Kraken, according to a Reuters report dated March 9, 2026.
The move is an epitome of traditional exchanges’ push to position themselves within the rapidly evolving blockchain financial ecosystem. The process of tokenization will convert traditional financial assets, including stocks, bonds, bank deposits, funds, and real estate, into crypto assets. Tokenization will enable trading of these assets on blockchain networks, allowing the integration of financial markets with digital asset infrastructure.
For the initial period, the exchange operator will focus on corporate actions, proxy voting, and shareholder engagement tied to tokenized securities.
Payward’s xStocks tokenization platform will be leveraged by Nasdaq to enable the seamless transfer of securities from traditional institutional trading systems to blockchain networks. In a separate move, the Nasdaq is extending the move beyond the U.S., partnering with Germany’s Boerse Stuttgart tokenization settlement platform to facilitate trading of blockchain-based equities across Europe.
Amid positive developments like these, the regulatory environment is also supportive of the blockchain infrastructure market. According to the latest Reuters report on updates from the Federal Reserve, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency, banks are not liable to maintain supplementary capital for blockchain-based securities. The regulatory bodies emphasized that capital regulations shall remain technology-neutral.
With this backdrop in mind, we will now jump to our list of the 9 Best Blockchain Infrastructure Stocks According to Analysts.
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Our Methodology
To compile the list of the best blockchain infrastructure stocks to buy according to analysts, we scanned across financial media and ETFs to extract a list of publicly traded companies operating in the blockchain ecosystem, focusing on firms directly involved in infrastructure, such as mining, data centers, hardware, and blockchain networks.
Next, we sorted the companies by upside potential based on consensus analyst price targets and selected the stocks with the highest expected returns. We also ensured that the final companies have solid analyst coverage, indicating meaningful interest from the investment community. Furthermore, we limited our selection to companies that have recently reported noteworthy developments likely to impact investor sentiment.
Note: All data was sourced on March 16, 2026.
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9. Coinbase Global, Inc. (NASDAQ:COIN)
Coinbase Global, Inc. (NASDAQ:COIN) is one of the best blockchain infrastructure stocks according to analysts, reflecting its expanding role in global crypto trading and financial market infrastructure.
Coinbase Global, Inc. (NASDAQ:COIN) drew attention from analysts at Baird on March 17, 2026, who highlighted increased stablecoin activity and bolstered crypto sentiment. Due to these factors, the analysts significantly raised the price target on the stock from $165 to $215, while reiterating a “Neutral” rating. Furthermore, analysts say the company is benefiting from the recent crypto price appreciation and stablecoin tailwinds. However, they added that exchange trading volumes have remained weaker so far this quarter compared to Q1 2025.
Meanwhile, Coinbase Global, Inc. (NASDAQ:COIN) made an announcement on March 9, 2026, regarding regulated futures contracts, which have now been made available to users in 26 European countries through Coinbase Advanced. With this move, the company enables traders across markets to access crypto futures and equity-index futures such as the Mag7 + Crypto Equity index. Furthermore, traders can now also access perpetual-style contracts with up to 10x leverage on select products.
The step reflects Coinbase Global, Inc. (NASDAQ:COIN)’s goal to build an “everything exchange,” which is part of its plan to expand its derivatives offering beyond the U.S., while providing European investors with access to regulated trading venues.
Coinbase Global, Inc. (NASDAQ:COIN) delivers a trusted platform that is a compliant on-ramp to the onchain economy, enabling users to engage in various activities with their crypto assets across proprietary and third-party product experiences.
8. MARA Holdings, Inc. (NASDAQ:MARA)
MARA Holdings, Inc. (NASDAQ:MARA) is one of the best blockchain infrastructure stocks according to analysts.
MARA Holdings, Inc. (NASDAQ:MARA) enjoys the confidence of 60% of covering analysts who remain bullish on the stock as of March 17, 2026. A roughly 30% upside potential is implied by the consensus price target of $12. The sentiment holds as the company works toward a strategic transition to AI and hyperscale data center infrastructure.
At the same time, MARA Holdings, Inc. (NASDAQ:MARA)’s growth narrative is surrounded by near-term execution risks related to its evolving business model.
Analysts at H.C. Wainwright project a lower Bitcoin price outlook in 2026, prompting analysts to make adjustments to expected network hash rate growth. The firm acknowledged that the company’s long-term growth story will be enhanced by its partnerships with Starwood Capital Group and by the Exaion acquisition. However, they believe the long-term value hinges on large data center leases, which may take time to materialize. For FY26, the analysts trimmed their sales forecast from $954.80 million to $851.10 million. The firm downgraded the stock from “Buy” to “Neutral.”
The previous day, MARA Holdings, Inc. (NASDAQ:MARA) marked a key milestone by partnering with Starwood Capital Group and Starwood Digital Ventures. With this move, the company aims to convert energy-rich infrastructure sites into AI and enterprise data centers. Management targets roughly 1 GW of short-term IT capacity, while eyeing potential expansion beyond 2.5 GW.
MARA Holdings, Inc. (NASDAQ:MARA), a digital asset technology company, engages in Bitcoin mining. The company operates data centers, develops mining software, and generates energy from renewable sources and methane capture.
