MSCI Blockchain Economy Index Outperforms Crypto Market with 37% Gain in 2025
The MSCI Blockchain Economy Index surged 37% in 2025, defying the broader crypto market's downturn. While the total cryptocurrency valuation slipped from $3.5 trillion to $3 trillion, the index—composed of tech stocks like NVDA, IREN, and HOOD—delivered standout returns.
This marks the index's second consecutive year of outperformance, building on its 34% gain in 2024. The basket's strength reflects the pivot of legacy mining firms toward data center operations and AI infrastructure, with Nvidia's rally proving particularly impactful.
Notably, the blockchain index eclipsed both crypto assets and traditional equities—the MSCI World Index managed just 21.9% growth. The divergence highlights how blockchain-adjacent tech stocks have decoupled from digital asset volatility.
