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Blockchain Hangs in the Balance as EV Market Dips

source-logo  coingape.com 03 February 2024 11:00, UTC

The blockchain market is currently riding on huge upside potential in the near term. The industry, which is expected to generate revenue of over $94.0 billion by the end of 2027, has catered to several sectors and customers. However, the downside to one of the biggest potential customers of the market could keep the growth prospect pressured. A potential stagnation in EV markets could see blockchain’s performance at stake.