Site icon Daily Crypto Market News | Bitcoin and Altcoins News

XRP, Bitcoin, Ethereum Surge While Chainlink Faces Wallet Decline in 2025

XRP, Bitcoin, Ethereum Surge While Chainlink Faces Wallet Decline in 2025

According to recent data from Santiment, 2025 began with significant fluctuations in crypto wallet numbers for top assets. The data shows changes in the number of non empty wallets, suggesting shifting investor sentiment in various digital assets.

XRP’s Wallet Growth

XRP has had a 1% increase in wallet holders since the start of 2025. This growth suggests rising confidence in XRP’s market, influenced by its price movements and RLUSD launch in 2024. XRP’s growth outpaces other major assets, indicating heightened market interest and adoption momentum.

Bitcoin’s Massive Increase

Bitcoin has recorded an increase of 102K wallets since the beginning of 2025. This growth shows the enduring interest and trust in Bitcoin as a leading cryptocurrency. The rise in wallet numbers supports Bitcoin’s role as a key asset in the crypto market.

Ethereum Shows Steady Adoption

Ethereum recorded a 0.5% increase in wallet holders. While this growth is slower than XRP’s, it suggests consistent adoption, particularly due to Ethereum’s dominance in DeFi and smart contract platforms. This steady growth shows Ethereum’s enduring appeal as a leading Layer-1 blockchain.

Dogecoin Growth

Dogecoin saw an increase of 29K wallets since the start of 2025. This growth suggests the continued enthusiasm and community support for Dogecoin, often driven by its strong online presence and meme based culture. The increase suggests a sustained interest in Dogecoin despite market fluctuations.

Cardano’s Recovery

Cardano saw a 0.1% increase in wallet holders, a slight recovery from a period of stagnation. This gradual uptick points to a returning interest in Cardano, though it remains behind Bitcoin, Ethereum and XRP in terms of overall enthusiasm.

Chainlink’s Decline 

Chainlink saw a 0.5% decrease in wallet holders, contrasting with the growth observed in other major assets. This decline could be attributed to market saturation in Chainlink’s marketplace or a shift in investor focus towards more speculative assets. According to Santiment, this decrease might present a buying opportunity for contrarian investors.

Comparative Wallet Performance

Among the assets, Bitcoin, XRP and Ethereum have shown the strongest wallet growth, emphasizing their continued relevance. In contrast, Chainlink’s decline shows potential challenges, suggesting a need for strategic adjustments to regain market interest. Cardano’s recovery, even though small, points to a cautious return of investor confidence.

Market Sentiment 

These wallet trends offer insights to investor sentiment and long term confidence in these projects. While major digital assets show sustained interest, Chainlink’s decrease indicates temporary uncertainty. 

Santiment notes that periods of decreased holder confidence may present opportunities for those who adopt a contrarian approach. However, these trends should be considered alongside other fundamental and technical factors to inform investment decisions.

Exit mobile version