Crypto trends 2025: Ether, XRP, Bitcoin lead wallet growth; but who’s losing?

Market Overview: Bitcoin and Ethereum Fluctuate Amidst Uncertainty

Bitcoin has experienced a pullback after reaching a peak of $100,000 earlier this week, currently hovering around $92,000. The cryptocurrency market is under pressure, with Bitcoin prices mirroring the decline of stock markets since the start of 2025.

Ethereum and XRP Wallet Growth

According to data from Santiment, the number of cryptocurrency holders has fluctuated significantly since the beginning of the year. Ethereum (ETH) and Ripple's XRP have seen an increase in wallet numbers, while Chainlink has experienced a decline. Cardano (ADA) is showing signs of recovery.

Ethereum has been the standout performer, adding over 645,000 new wallets. XRP has also gained fresh wallets, while Dogecoin (DOGE) has added 29,000 new holders. Cardano is lagging behind but has seen a modest increase in wallet count.

Market Sentiment and Price Action

Social media sentiment for major cryptocurrencies remains volatile. Bitcoin sentiment is neutral, with a potential for a breakout either way. Ethereum is facing some uncertainty, struggling to maintain support levels. XRP has held up well, benefiting from positive sentiment.

Despite a dip in price, Dogecoin's retail traders are maintaining optimism. Solana's community remains steadfast despite underperformance.

Closing Remarks

The first week of 2025 in crypto has been characterized by market fluctuations and uncertainty. However, key assets such as Ethereum and XRP continue to attract interest, while Bitcoin's price action remains unpredictable. Investors are eagerly awaiting a catalyst to dictate future market trends.