Bitcoinist
2025-01-11 06:30:14

XRP Kicks 2025 Off With Adoption: Holder Count Up By 58,000

On-chain data shows XRP has started the year with a strong adoption wave as its Total Amount of Holders has registered a notable increase. XRP Has Seen Fastest 2025 Adoption Among Top Coins In a new post on X, the on-chain analytics firm Santiment has shared how the trend in the Total Amount of Holders has compared the various top cryptocurrencies during these starting days of 2025. The “ Total Amount of Holders ” here refers to an indicator that, as its name suggests, keeps track of the total number of addresses on a given network that is carrying some non-zero balance. When the value of this metric rises, it can suggest new investors are joining the blockchain or old ones that had sold earlier are investing back into it. The trend can also appear when existing users create new addresses for purposes like privacy . In general, all of these factors are at play at once to some degree whenever the Total Amount of Holders registers an increase, so some net adoption of the coin could be assumed to be occurring. On the other hand, the indicator going down implies some of the investors are clearing out their wallets, potentially because they have decided to exit from the cryptocurrency. Now, here is a chart that shows the trend in the Total Amount of Holders for six popular digital assets: Bitcoin (BTC), Ethereum (ETH), XRP (XRP), Cardano (ADA), Dogecoin (DOGE), and Chainlink (LINK): As displayed in the above graph, Chainlink is the only cryptocurrency in this list that has seen a negative change in its Total Amount of Holders; LINK holders are down 3,300 or 0.5% as compared to the start of the year. In terms of pure numbers, Ethereum has seen the most number of investors join the network at 645,000. ETH’s user base is massive, however, meaning that this jump is only equivalent to a 0.5% increase. Bitcoin is second with 102,000 new addresses, with a balance popping up on the network, and XRP is third at 58,000. While the latter’s number may seem small, its situation is the opposite of ETH’s: the size of its holder base means that this figure represents a growth of 1% for the blockchain, making its Total Amount of Holders uptrend the sharpest out of the lot. The surge in the metric that XRP has seen this year so far is merely a continuation of the trend that the cryptocurrency closed 2024 off with. Thus, it seems the asset has been gaining some decent adoption recently, with its investor influx showing no signs of slowing down yet. The remaining two assets in the list, Dogecoin and Cardano, have seen the Total Amount of Holders change by 29,000 and 2,800, respectively. XRP Price At the time of writing, XRP is trading around $2.3, down more than 4% over the last seven days.

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