Bybit Q3 2025 Asset Allocation Report
Overview
In its latest report titled "Q3 2025 Asset Allocation," Bybit, the world's second-largest cryptocurrency exchange by trading volume, has unveiled significant shifts in how investors are allocating their assets. The report highlights a marked decrease in stablecoin holdings, with a noticeable pivot toward assets like Solana (SOL), XRP, and various alternative cryptocurrencies (altcoins). This trend reflects a growing appetite among investors for potentially higher-yielding digital assets, indicating a major shift in the investment landscape.
Key Findings
1.
Stablecoin Holdings Decline: The report indicates that while Bitcoin (BTC) and Ether (ETH) continue to dominate investors' portfolios, many are gradually reallocating their stablecoin reserves into more dynamic options.
2.
Emerging Altcoin Trends: Solana's holdings, in particular, have surged to all-time highs, suggesting that investors believe the treasury strategies that have worked for BTC and ETH may also apply to SOL. Meanwhile, XRP has emerged as the third-largest non-stablecoin cryptocurrency, underlining its growing significance in the market.
3.
Investment Reallocation: The report notes a decline in the concentration of BTC and ETH, which dropped from 58.8% of total non-stablecoin tokens in May 2025 to 55.7% by August 2025. This shift is primarily driven by an increased investment in altcoins.
4.
Decentralized Exchange Tokens: Decentralized exchange (DEX) tokens were the primary beneficiaries of falling stablecoin levels, overshadowing Layer 1, Layer 2, and real-world asset tokens. Conversely, meme tokens have barely moved under this changing market environment.
Institutional Actions
The findings underscore that institutional players are rethinking their cash reserves to capitalize on market dynamics. By sharply curtailing their stablecoin positions in favor of riskier, growth-oriented assets, these investors are illustrating a bold new approach to digital asset management.
Market Implications
The increasing interest in SOL, XRP, and DEX tokens is a clear indication of the evolving strategies investors are adopting within the digital asset ecosystem. Bybit's report serves as a mirror reflecting how market sentiment is shifting rapidly, leaving behind the traditionally safe haven of stablecoins. Overall, this growing diversification strategy suggests a maturation of the digital asset market, as investors begin to embrace a broader range of opportunities.
To download the full report, interested parties can visit
Bybit's official webpage.
About Bybit
Founded in 2018, Bybit has quickly become a leading platform in the cryptocurrency sector, serving over 70 million global users. With a focus on creating an open and equitable ecosystem, Bybit aims to redefine transparency in the decentralized world. With its strong emphasis on Web3, the exchange collaborates with prominent blockchain protocols to provide robust infrastructure and drive on-chain innovations. Known for its secure wallet management, diverse marketplaces, and intuitive user experience, Bybit is committed to bridging the gap between traditional finance (TradFi) and decentralized finance (DeFi). Embrace the future of decentralized finance at
Bybit.com.