In the first half of 2025, XRP’s holder ratio dropped from 5% to 2.42%, signaling a shift in investor behavior, yet it outperformed Solana’s decline from 2.72% to 1.76%. Strong sentiment persisted, fueled by over 90% odds of a spot ETF approval and a 12-year high in whale wallets exceeding 2,700. Institutional investors shifted from Solana to XRP, while retail traders moved from Bitcoin to altcoins for higher returns. Trading
