Bybit Report Highlights XRP’s Resilience Over Solana Despite Holder Ratio Dip in H1 2025

According to Bybit's 25H1 Asset Allocation Report, XRP's holder ratio declined from 5% to 2.42% in the first half of 2025 but maintained its lead over Solana, which saw a drop to 1.76%. Despite short-term fluctuations, long-term trends show XRP's holder ratio doubled from 1.29% to 2.42% between October 2024 and May 2025, signaling steady investor confidence. The report underscores XRP's enduring appeal in the crypto market even as competition intensifies.

XRP Holder Ratio Declines in H1 2025 but Maintains Lead Over Solana

XRP's holder ratio dropped from 5% to 2.42% in the first half of 2025, according to Bybit's 25H1 Asset Allocation Report. Despite the decline, XRP continues to outperform Solana, which saw its holder ratio fall to 1.76% from 2.72% over the same period.

Long-term trends tell a different story. Between October 2024 and May 2025, XRP's holder ratio doubled from 1.29% to 2.42%, underscoring steady investor adoption. Institutional interest is shifting from Solana to XRP, fueled by Optimism around a potential Ripple spot ETF.

Market analysts suggest short-term fluctuations reflect profit-taking rather than waning confidence. The crypto industry widely expects a Ripple ETF approval to precede any similar product for Solana.

Bybit Reports XRP Holdings Double in Six Months as ETF Speculation Grows

XRP holdings on Bybit more than doubled between November 2024 and May 2025, accompanied by a 338% price surge from $0.50 to $2.19. The rally coincides with easing legal pressures in Ripple's SEC case, attracting both retail and institutional investors.

While Bitcoin dominates at 65.30% amid Middle East tensions, XRP emerges as a standout altcoin. ETF speculation further fuels momentum—Polymarket prices approval odds at 85%, while Bloomberg's James Seyffart estimates 95%. Though former President Trump's comments about XRP becoming a U.S. reserve asset didn't materialize, they amplified market interest.