8 Best Crypto and Blockchain Stocks To Buy According to Analysts

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1. Ryvyl Inc. (NASDAQ:RVYL)

Analyst Upside: 326.26%

Number of Hedge Fund Holders: 1

Ryvyl Inc. (NASDAQ:RVYL) is a financial technology company engaged in developing, marketing, and selling blockchain-based payment solutions. The company’s core focus lies in developing and monetizing disruptive blockchain-based applications. Its blockchain-based systems facilitate, record, and store a virtually limitless volume of tokenized assets on a secured, immutable ledger. Its product portfolio includes QuickCard Payment System, Coyni Platform, and ChargeSavvy. It leverages its proprietary blockchain ledger and electronic token technology to ensure enhanced security, rapid settlement, and data privacy in financial transactions.

The company has a strong operational model in place. It delivered sequential revenue growth in fiscal Q3 of 2024, driven primarily by its strong international performance. International revenue grew by 96% year over year in fiscal Q3 2024. In addition, international transaction volumes also rose from $781 million in fiscal Q2 2024 to $952 million in fiscal Q3 2024. These trends project a top-line growth trajectory for the company exiting 2024 and entering 2025, setting the stage for increasing momentum and expanding opportunities.

Ryvyl Inc. (NASDAQ:RVYL) has a strategic focus on growth. It focuses on high-margin market segments, delivering speed, transparency, and specialized processing capabilities for verticals. In addition, its competitive edge lies in the company’s ability to leverage the blockchain ledger, reducing error and overhead and making it scalable and efficient.

Overall, RVYL ranks first among the 8 best crypto and blockchain stocks to buy according to analysts. While we acknowledge the potential of blockchain stocks, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than RVYL but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock.

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