XRP News Today: XRP Gains 3% Share in Singapore Crypto Holdings

Singaporean crypto investors are increasingly diversifying their portfolios, with a notable shift towards XRP. According to the 2025 Independent Reserve Crypto Index for Singapore, 94% of locals are familiar with at least one cryptocurrency, indicating a significant rise in crypto awareness compared to previous years. Bitcoin remains the most recognized cryptocurrency, known by 91% of the population and constituting 68% of the average investor's crypto holdings. However, the growing familiarity with digital currencies suggests a maturing trading environment in Singapore.

XRP has seen a substantial increase in ownership among Singaporean investors. Reports from Milieu Insight Market Research indicate that XRP now represents 17% of crypto holdings in Singapore, up from 14% last year. This growth is part of a broader trend where altcoins are gaining traction. Ethereum, for instance, increased its share from 41% to 48%, while Solana rose from 17% to 19%. Dogecoin saw a modest increase from 18% to 19%. The 3-point boost in XRP's share hints at growing confidence in its payment-focused design, positioning it as a viable alternative to other cryptocurrencies.

Investors in Singapore exhibit varied monthly investment patterns. Approximately 57% invest less than $500 per month, while 29% contribute between $500 and $1,000. Only 10% dedicate more than $1,000 each month, suggesting that most investors view crypto as a supplementary investment rather than a primary income source. This trend underscores the cautious approach many investors take towards the volatile crypto market.

Stablecoins also play a significant role in Singapore's crypto landscape. About 46% of respondents reported owning or having owned stablecoins, with 21% currently holding them and 25% having sold them. The preference for USD-pegged stablecoins is evident, with 83% of respondents favoring them. Ripple's new RLUSD stablecoin has quickly gained traction, reaching a $310 million market cap in a few months. Fiona Murray, Ripple’s APAC managing director, highlighted that RLUSD is designed not just for trading but also for cross-border payments and decentralized finance (DeFi) applications, further expanding its utility beyond traditional trading.

The trends observed in Singapore mirror broader global patterns. A report found that Latin American buyers favored XRP over Ethereum and Solana in 2024, indicating a growing regional and international adoption of XRP. As XRP's popularity continues to rise, it could transition from being an afterthought to a core component of both retail and institutional investment strategies. Despite Bitcoin's continued dominance, the increasing allocation to altcoins, with XRP leading the charge, signals a shift in investor preferences towards more diversified portfolios.