The percentage of XRP holders almost doubled from October 2024 to May 2025 – from 1.29% to 2.42%. This allowed Altcoin to overtake Solana (SOL) on a market lobe
We figure out what is happening on the Ripple token market and how events affect the price of XRP.
The number of XRP holders has halved
According to the “Report on the distribution of assets for the first half of 2025” from BYBIT, the percentage of XRP holders almost doubled from October 2024 to May 2025 – from 1.29% to 2.42%.
The number of XRP holders hesitates greatly, following changes in price. Although growth is observed in the long run, short -term indicators can fall sharply.
For comparison: the share of SOLANA holders fell from 2.72% in November 2024 to 1.76% in May 2025. Bybit partially explains this by the fact that investors switched from SOL to XRP due to optimism about the possible approval of a spotal ETF on XRP.
Not bitcoin one
In a wider context, retail investors seemed to switch from bitcoin to altcoins, which traditionally offer higher growth prospects. Bybit analysis showed that from November 2024 to May 2025, retail traders began to hold BTC less often. Meanwhile, institutional investments remained stable.
Be in the know! Subscribe to Telegram.
Source: Cryptocurrency
I am an experienced journalist and writer with a career in the news industry. My focus is on covering Top News stories for World Stock Market, where I provide comprehensive analysis and commentary on markets around the world. I have expertise in writing both long-form articles and shorter pieces that deliver timely, relevant updates to readers.
