7 billion by 2025 , up from $3 billion in 2020. This market capitalization increase reflects the technology's adaptability and growing uses. Furthermore, the projected global spending on blockchain solutions is expected to reach $17.9 billion canadian phone number list by 2024 , reflecting the significant financial commitment of enterprises to using blockchain technology.
Transaction Volume As of February 2021, the volume of blockchain transactions has reached 620.37 million, reflecting the extent to which blockchain is used for various activities. This indicator not only demonstrates the durability and dependability of the technology, but also reflects the growing faith and reliance that industries have on blockchain for operational purposes. Industry Specific Expenditure Looking at industry-specific blockchain adoption, banking emerges as a leading sector, with a 29.
