The new year has brought great transformations Cryptocurrency market, with XRP driving portfolio growth. As of early 2025, the third largest digital asset has seen a sharp increase in the number of holders, reflecting growing interest and trust in the project.
according to Santiment Latest data, XRP wallets have increased by 58,000 since the beginning of the year, representing a 1% increase. This growth places XRP among the best-performing cryptocurrencies in terms of adoption, as measured by the number of unique wallet holders.
Ethereum also showed notable growth, adding 645,000 wallets, an increase of 0.5%. Bitcoin Followed by a gain of 102,000 wallets, while Dogecoin added 29,000 wallets, and Cardano saw a modest increase of 2,800 wallets, representing 0.1% growth.
Not all assets did as well. Chainlink has seen a decline, losing 3,300 wallets, or 0.5% of its holders since the beginning of the year. This decline may indicate some hesitation within the Chainlink community, possibly influenced by uncertainty and the need or re-evaluation among investors.
The pace of portfolio growth – or lack thereof – is often viewed as a reflection of community sentiment. Asset gains indicate belief in long-term value, while declines may indicate short-term discomfort. Santiment, in reporting these numbers, points to such trends as opportunities to understand market behavior.
to XRPHowever, the rise in the number of shareholders could be an indicator of growing confidence among investors, especially after the stunning end to 2024, with prices rising almost 500% in just two months.
Source link