Top Three Blockchain Stocks to Watch: Oracle, Riot Platforms, Applied Digital

According to MarketBeat's stock screener, the top three Blockchain stocks to monitor are Oracle, Riot Platforms, and Applied Digital, which have demonstrated the highest trading volume recently. Blockchain stocks consist of publicly traded companies engaged in developing or utilizing blockchain technology, offering investors a means to tap into the industry's growth potential. **Oracle (ORCL)** Oracle Corporation provides a wide range of enterprise IT products and services globally, including its cloud software solutions such as ERP, performance management, supply chain management, and healthcare applications. On Friday, Oracle's stock rose by $1. 64 to $172. 02, with a trading volume of 3, 062, 986 shares—below its average of 14, 630, 451. The company's stock has fluctuated between a 52-week low of $106. 51 and a high of $198. 31. Oracle has a market cap of $481. 14 billion, a P/E ratio of 42. 09, and a debt-to-equity ratio of 5. 65. **Riot Platforms (RIOT)** Riot Platforms operates as a bitcoin mining company in North America, segmented into Bitcoin Mining, Data Center Hosting, and Engineering.
On Friday, its shares rose by $0. 29 to $12. 19, with a trading volume of 15, 630, 347, compared to an average of 34, 694, 941. The stock has seen a one-year low of $6. 36 and a high of $18. 36, with a market cap of $4. 19 billion and a P/E ratio of 28. 33. **Applied Digital (APLD)** Applied Digital designs and operates datacenters across North America, focusing on high-performance computing. On Friday, the stock increased by $0. 35 to reach $7. 73, with 11, 504, 363 shares traded, against an average volume of 24, 532, 561. It has a 52-week trading range from $2. 36 to $11. 25, a market cap of $1. 72 billion, and a price-to-earnings ratio of -4. 47. MarketBeat also tracks top analyst recommendations, noting that while Oracle holds a "Moderate Buy" rating, other stocks have been identified as better investment options.
Brief news summary
Oracle, Riot Platforms, and Applied Digital are key figures in the blockchain stock market, attracting considerable investor interest according to MarketBeat's stock screener. Their notable trading volumes emphasize their potential as lucrative investments in the rapidly advancing blockchain sector. **Oracle (ORCL)** provides an array of enterprise IT and cloud solutions across diverse sectors including ERP and healthcare. Recently, its stock rose $1.64 to $172.02, with trading volumes exceeding 3 million shares. Oracle's market cap is $481.14 billion, featuring a P/E ratio of 42.09, indicating strong investment potential. **Riot Platforms (RIOT)** focuses on bitcoin mining and data center hosting. Its stock saw an increase of $0.29 to $12.19, accompanied by a trading volume of roughly 15.6 million shares. With a market cap of $4.19 billion and a P/E ratio of 28.33, Riot is positioned favorably in the market. **Applied Digital (APLD)** specializes in high-performance computing data centers, with its stock climbing $0.35 to $7.73 and trading volumes hitting 11.5 million shares. Applied Digital has a market capitalization of $1.72 billion. Combined, these companies significantly influence the blockchain landscape, characterized by substantial trading activity and promising growth prospects.
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