According to a recent analysis by Google Trends, global interest in blockchain technology reflected by internet searches, has fallen by 58%. Notably, this dip occurs alongside a growing worldwide acceptance of Artificial Intelligence (AI) in the tech industry.

Per the analysis, a 58% dip in global blockchain interest was recorded between November 2021 to November 2024. For context, web searches for blockchain and related concepts were at 71 points in November 2021 but fell to 30 on November 3, 2024, on Google Trends’ scale, representing a 58% dip.

Unlike blockchain web searches, AI searches grew over the last 3 years, denoting the tech industry’s growing interest in AI over blockading technology. To clarify, the analysis showed that AI interest grew by over 500% over the last 3 years.

Meanwhile, artificial intelligence is now the spotlight of interest in the techverse, with over 50% year-on-year increase per the analysis.

Nigeria Ranks as #1 by Region in Global Blockchain Interest

Notedly, the analysis included a breakdown of the current global interests in blockchain technology by region. Significantly, Nigeria ranks as the #1 country in worldwide web searches about blockchain tech with 100 points on Google Trends’ scale.

Coming second place is St Helena with 62 points and Ghana in the third with 48 points. Cameroon and Singapore rank #4 and #5 with 40 and 38 points respectively.

Surprisingly, these countries show local high interest (reflected by web searches) against a background of a global downturn. While some speculate that it’s the usual regional market variability, others cite the peculiarities of regional tech industries.

On the other hand, global AI interest keeps rising featuring Vietnam (100 points) and China (73 points) ranking as the top 2 countries with highest AI interests by region.

This recent blockchain-AI disparity highlights a significant shift in the tech industry, as more users aim to tap into the benefits of AI in technology.