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XRP Climbs as Solana Slumps: Holder Base Doubles Amid ETF Hopes

  • XRP's holder base doubled from 1.29% to 2.42% from Oct 2024 to May 2025, while Solana saw a 35% drop from 2.72% to 1.76% during the same period.
  • XRP surged to US$3.31 in Jan 2025 driven by optimism around legal developments and possible ETF approval, becoming the third-largest cryptocurrency by market capitalization.
  • Investor sentiment favored XRP due to increasing confidence amid legal disputes and expectations of an XRP ETF approval before Solana.
  • Institutional players shifted capital from Solana to XRP ahead of potential ETF decisions, with XRP showing growth and maintenance of interest amidst market fluctuations.

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