Summary
- It is reported that the holdings of XRP by Singapore investors increased from 14% last year to 17% this year.
- The holdings of Ethereum (ETH) increased from 41% to 48%, marking the largest increase.
- This report is based on a survey conducted with 1,500 adults residing in Singapore.
It has been observed that the adoption of XRP in Singapore has significantly increased.
According to CoinDue, a cryptocurrency media outlet, on the 24th, the Australian cryptocurrency exchange Independent Reserve stated in its '2025 Singapore Cryptocurrency Report' that "Singapore's XRP holdings rose from 14% last year to 17% this year, marking a significant increase. This is the second largest increase among major altcoins."
Meanwhile, the altcoin with the largest increase in holdings was Ethereum. The report added, "The holdings of Ethereum (ETH) by Singapore investors increased from 41% to 48%, showing the largest increase, while Solana (SOL) and Dogecoin (DOGE) also rose by about 1-2 percentage points each." This report was based on a survey of 1,500 adults residing in Singapore.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.![[Market] Bitcoin falls below $71,000…Lowest level since October 2024](https://media.bloomingbit.io/PROD/news/0e5880b9-61dd-49d4-9d2e-c47a3fb33a93.webp?w=250)
