The new year is off to a fantastic start for Ripple’s XRP, which has seen a growth in adoption.
On-chain data reveals that the total number of XRP holders has shot up by an 58,000 as we step into 2025.
XRP is the leader
Santiment’s post reveals that XRP is leading the charge among top cryptocurrencies in terms of new holders.
The “Total Amount of Holders” indicator tracks all the addresses on the network that have a non-zero balance, and when this number rises, it usually means new investors are hopping on board or previous sellers are re-entering the market.
It can also reflect existing users creating new addresses for privacy reasons.
In a chart comparing six popular digital assets, like Bitcoin, Ethereum, XRP, Cardano, Dogecoin, and Chainlink, XRP clearly stands out.
Chainlink saw a slight decline in holders, with 3,300 fewer addresses, XRP’s growth is pretty much visible.
Uptrend
Ethereum welcomed 645,000 new investors, but that’s just a 0.5% increase given its massive user base.
Bitcoin added 102,000 new addresses, but XRP’s 58,000 new holders represent 1% growth for its network, a sharper increase than ETH.
The uptick in XRP holders is part of a trend that started at the end of 2024 and shows no signs of slowing down.
Dogecoin and Cardano also saw increases in their holder counts, 29,000 and 2,800 respectively, so it’s also clear that while XRP is shining bright, it’s not alone in this growth.
Market sentiment is good
This wave of adoption reflects growing confidence in XRP’s potential, as with more people joining the network, it suggests that investors are optimistic about what’s next for this cryptocurrency.
As we move through January and beyond, it’ll be interesting to see how this momentum affects XRP’s price and overall market performance.
