XRP News Today: Bybit Report Shows Bitcoin Dominance at 30.95% XRP Surges 88%

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has released a report on crypto holders’ asset allocation for the first half of 2025. The report, based on data from October 2024 to May 2025, highlights significant shifts in investor patterns among digital asset holders. Bitcoin (BTC) and Ethereum (ETH) continued to dominate the market, accounting for 58.8% of the total non-stablecoin investment in May. Notably, XRP overtook Solana (SOL) to become the third-largest asset, reflecting a surge in investor interest.

As of May 2025, BTC accounts for 30.95% of total investor holdings, representing approximately one out of every three coins in portfolios. This marks a notable increase from 25.4% in November 2024. The current ETH/BTC holding ratio stands at 0.27, indicating that investors typically hold $4 in BTC for every $1 in ETH. ETH’s recovery story is also significant, with the asset rebounding from a low of 3.89% holdings in April 2025 to show substantial improvement by May, though it has not yet returned to its November 2024 peak of 11.12%.

XRP's rise to the third-largest position among non-stablecoin cryptocurrencies is largely attributed to growing institutional and retail optimism surrounding potential SEC approval of XRP Spot ETFs. Holdings in XRP doubled from 1.29% to 2.42% by May 2025. In contrast, Solana holdings declined 35% from 2.72% in November 2024 to 1.76% in May 2025, reflecting a shift in investor sentiment and capital allocation.

The report underscores the dynamic nature of the crypto market, with investors increasingly diversifying their portfolios. The dominance of BTC and the emergence of XRP as a significant player reflect broader trends in investor behavior. While BTC remains the go-to asset for those seeking a hedge against inflation and market volatility, the growing interest in XRP suggests a demand for assets that can address specific use cases and offer practical applications in the real world. This dual focus on both speculative and utility-driven investments is likely to shape the future of the crypto market, as investors continue to seek out opportunities that align with their financial goals and risk tolerance.

The report also highlights the importance of staying informed about market trends and developments. As the crypto landscape continues to evolve, investors must remain vigilant and adaptable, ready to capitalize on new opportunities and navigate the challenges that arise. The dominance of BTC and the rise of XRP serve as reminders of the dynamic nature of the market and the need for a strategic approach to investing in digital assets. The full Asset Allocation Report (1H 2025) is available for download on Bybit Learn.