The volatility in Bitcoin is an avenue for traders to earn money, this arrangement puts Bitcoin ahead of the Blockchain tech. thereby delaying global Blockchain adoption. Blockchain without Bitcoin, is it going to happen?
Blockchain adoption is already taken place. IBM has it own Blockchain offering.
https://www.ibm.com/blockchainOracle also has its own blockchain offering
https://www.oracle.com/cloud/blockchain/index.htmlThere are numerous project going on blockchain and I am not going to name all. None of these company using Bitcoin or taking bitcoin as a payment for their offering. Bitcoin volatility has no effect on success these project.
For now it's highly unlikely that blockchain adoption will happen without bitcoin.
Everything depends on bitcoin performance for now.
These company has their own flavour of blockchain. Permissioned and restricted Blockchain. They are not going use the Bitcoin blockchain so they are not at all dependenent on Bitcoin performance.