RIP (Finally) To The Blockchain Hype
CIO, Thursday, March 6th, 2025
While blockchain still has a future, the excitement has nearly disappeared, and it will need to be paired with AI and other technologies to reach its potential.
The blockchain hype starting in the late 2010s has nearly died, replaced by intense interest in AI and hurt by sketchy cryptocurrency and NFT schemes, some experts say.
Gartner's last hype cycle for blockchain, released in July 2024, had most blockchain-related technologies moving past the peak of inflated expectations and headed into the trough of disillusionment. Related technologies headed into the trough include NFTs, Web3, decentralized exchanges, and blockchain for IoT.