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You are here: Home / Cryptocurrency News / XRP: BTC Maxis’ Alternate Choice Records Historic 638K New Wallets in Early 2025

XRP: BTC Maxis’ Alternate Choice Records Historic 638K New Wallets in Early 2025

By Paul Adedoyin | Edited By Ammar Raza,May 15, 2025, 12:25 AM

xrp
  • XRP climbed over 6.5 million non-empty wallets at the beginning of 2025, with more than 638k customers appearing within a few months.
  • WisdomTree listed this cryptocurrency as the only altcoin that was worthy of inclusion alongside Bitcoin in portfolio strategies due to its Layer-1 payment utility.
  • Institutional investors and even Bitcoin maxis are now accumulating this coin.

XRP is back in the headlines for 2025 as it hits a new historic milestone. Shortly before press time, data from the analytics service Santiment showed that after reaching the figure of 638,000, the XRP network has broken a new record, surpassing 6.5 million non-empty wallets for the first time in 12 years.

Source: X @ CryptoWorld_

This is a strong wave of either adoption or interest in the token. 638,000 new wallets have been added since the beginning of the year, which is an increase of 11% to the total number of wallets.

The growth trend, presented in a chart shared by CryptoWorld, depicts a drastic upward movement, which indicates expanding participation of users and an increasing token accumulation during this period.

XRP Recognized as Important Diversification Asset

What’s more important is that this influx in XRP wallets is not only driven by retail investors but also by the more sophisticated forces of the world of finance. In a report, WisdomTree, a global asset management firm, identified XRP as the only altcoin that is appropriate for pairing with a Bitcoin investment strategy.

The report authored by WisdomTree’s Director of Digital Assets Research, Dovile, claims that the Ripple-associated token can be an addition for portfolio diversification with Bitcoin. It explains that although Bitcoin continues to be the flagship Layer-1 cryptocurrency, XRP is now beginning to be recognized for its unique utility in the Layer-1 space.

Only XRP is Included with Bitcoin in the Taxonomy Classification

The report continues to mention that their Digital Asset Taxonomy made it possible to classify this coin as an altcoin that could “sit alongside Bitcoin,” unlike other altcoins.

Other digital assets such as Ethereum and Solana were also within the taxonomy but were placed in Layer-1 smart contract networks, while the Ripple-associated token was the only altcoin that featured alongside Bitcoin in Layer-1 payments. This places XRP in a very unique situation not only in terms of technology but also investment innovation.

This increasing awareness is quietly prompting institutional and smart investors to build up their positions in the Ripple-associated token while the public and media glare is primarily directed toward Bitcoin ETFs. Even staunch supporters of Bitcoin (known widely as Bitcoin maxis) are now stockpiling XRP as its relevance hits new heights.

Related Reading | IOTA Breaks Out of Downtrend: A 100% Rally Toward $0.50 Coming 

Filed Under: Cryptocurrency News, Altcoin News

About Paul Adedoyin

Paul Adedoyin is a Financial Correspondent at Tronweekly with over four years of experience covering the cryptocurrency and digital asset sector. His work focuses on Bitcoin, altcoins, and DeFi, alongside crypto regulation and policy, blockchain technology, Web3, Layer 2 ecosystems, and AI-blockchain developments. He verifies reporting through primary sources such as official filings, regulatory statements, court records, and on-chain data to ensure accurate, fact-based coverage. His work has been featured on platforms like U.Today and CryptoMode.

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