Bybit Report Highlights Bitcoin's Dominance in Crypto Portfolios and XRP's Rise to Third Place

A freshly published report by Bybit, the world's second-largest cryptocurrency exchange by trading volume, examines the allocation trends among cryptocurrency holders for the first half of 2025. This report, based on data collected from October 2024 to May 2025, reflects significant changes in the investment behaviors of digital asset holders.

In May 2025, Bitcoin (BTC) and Ethereum (ETH) emerged as the most sought-after cryptocurrencies, making up a staggering 58.8% of all investments in cryptocurrencies excluding stablecoins. XRP has made impressive strides, surpassing Solana (SOL) to become the third-largest asset. A noteworthy revival for Ethereum was recorded, with its share increasing from a low of 3.89% in April 2025.

Key Findings

Bitcoin's Dominance in Crypto Holdings

Bitcoin currently holds a remarkable 30.95% of all investors' cryptocurrency portfolios as of May 2025. This indicates that one-third of all coins in these portfolios are in Bitcoin, a significant uptick from 25.4% noted in November 2024. The value ratio of Ethereum to Bitcoin stands at 0.27, suggesting that, on average, investors possess $4 in Bitcoin for every $1 invested in Ethereum.

XRP's Momentum Surge

XRP's market share dramatically increased, doubling its stakes from 1.29% to 2.42% in May 2025. This surge stems from growing optimism among institutional investors and retail participants regarding the potential approval of spot ETF funds for XRP by the SEC.

Solana’s Struggles

In stark contrast, Solana has experienced a notable downturn. Following a bullish trend in Q3 2024, Solana’s market share plummeted from 2.72% in November 2024 to just 1.76% in May 2025. This decline reflects shifting investor sentiments and capital allocations away from the Solana ecosystem.

The full asset allocation report for the first half of 2025 is readily available for download on Bybit's educational platform, Bybit Learn.

Bybit has established itself as a leader in the cryptocurrency exchange market, providing its services to over 60 million users since its inception in 2018. As the second-largest exchange globally in terms of trading volume, Bybit aims to redefine openness in a decentralized world, creating a simplified and equitable ecosystem for users.

Following a robust focus on Web3, Bybit continues to form strategic partnerships with leading blockchain protocols to provide a solid infrastructure and drive innovation in the blockchain environment. Known for its deposit security, diversified markets, user-friendly interface, and advanced blockchain tools, Bybit bridges the gap between traditional finance (TradFi) and decentralized finance (DeFi), enabling creators, builders, and enthusiasts alike to harness the full potential of the Web3 universe. Users can discover future prospects of decentralized finance by visiting Bybit.com.

For additional information, media representatives can reach out to Bybit Press via email at press@bybit.com. Stay updated with Bybit's latest announcements and insights via its social media platforms including Discord, Facebook, Instagram, LinkedIn, Reddit, Telegram, TikTok, X, and YouTube.