On-chain data shows that XRP has started the year with a strong wave of adoption, with the total amount of holders registering a notable increase.
XRP records fastest adoption among top coins in 2025
new post On X, on-chain analytics firm Santiment shared how the top cryptocurrencies with varying holder total trends compared in the first few days of 2025.
“Total Holders” here refers, as the name suggests, to a metric that tracks the total number of addresses on a particular network that hold non-zero balances. An increase in the value of this indicator may suggest that new investors are joining the blockchain or that old investors who previously sold are investing in the blockchain again. This trend can also occur when existing users create new addresses for privacy or other purposes.
In general, we can assume that every time the total amount of holders increases, there is some degree of net adoption of the coin as all these factors act together to some degree. On the other hand, a falling indicator may suggest that some investors have decided to exit cryptocurrencies and are therefore emptying their wallets.
Here are six popular digital assets, Bitcoin (BTC), Ethereum (ETH), XRP (XRP), Cardano (ADA), Dogecoin (DOGE), and Chainlink (LINK):
Looks like all coins except LINK have seen growth in this indicator in recent days | Source: Santiment on X
As shown in the graph above, Chainlink is the only cryptocurrency on this list that showed a negative change in total number of holders. LINK holders decreased by 3,300 people, or 0.5%, compared to the beginning of the year.
In terms of pure numbers, Ethereum has the highest number of investors with 645,000 investors on the network. However, due to the huge user base of ETH, this increase is only a 0.5% increase.
Bitcoin is in second place with 102,000 new addresses and balances appearing on the network. XRP is in third place with 58,000. Although the latter number may seem small, the situation is opposite to ETH. The size of its holder base means that this figure represents a 1% growth in the blockchain, making it the fastest growing trend in total holders among many.
The spike in XRP's metrics so far this year is just a continuation of the trend that saw the cryptocurrency close out 2024. Therefore, it appears that this asset has started to gain some adoption recently, and investor inflows are showing no signs of slowing down yet.
The remaining two assets on the list, Dogecoin and Cardano, saw their total holders increase 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 past seven days.
The price of the coin appears to have registered a drawdown in the past few days | Source: XRPUSDT on TradingView
Dall-E, featured image from Santiment.net, chart from TradingView.com
