{"id":4843,"date":"2025-05-25T04:11:07","date_gmt":"2025-05-25T04:11:07","guid":{"rendered":"https:\/\/bitcotasks.com\/blog\/singaporean-crypto-investors-boost-xrp-holdings-to-17-report-finds\/"},"modified":"2025-05-25T04:11:07","modified_gmt":"2025-05-25T04:11:07","slug":"singaporean-crypto-investors-boost-xrp-holdings-to-17-report-finds","status":"publish","type":"post","link":"https:\/\/bitcotasks.com\/blog\/singaporean-crypto-investors-boost-xrp-holdings-to-17-report-finds\/","title":{"rendered":"Singaporean Crypto Investors Boost XRP Holdings To 17%, Report Finds"},"content":{"rendered":"<p>Singapore\u2019s crypto crowd is shifting its focus beyond <a href=\"https:\/\/www.coingecko.com\/en\/coins\/bitcoin\" target=\"_blank\" rel=\"noopener nofollow\">Bitcoin<\/a>. Interest in <a href=\"https:\/\/www.coingecko.com\/en\/coins\/xrp\" target=\"_blank\" rel=\"noopener nofollow\">XRP<\/a> has climbed as more traders add the token to their portfolios. The change comes even as Bitcoin remains the top holding.<\/p>\n<h2><strong>Crypto Awareness At Record High<\/strong><\/h2>\n<p>According to the <a href=\"https:\/\/www.independentreserve.com\/blog\/wp-content\/uploads\/2025\/05\/Independent-Reserve-Cryptocurrency-Index-Singapore-2025.pdf\" target=\"_blank\" rel=\"noopener nofollow\">2025 Independent Reserve Crypto Index<\/a> for Singapore, 94% of locals are familiar with at least one cryptocurrency. That\u2019s a big jump from previous years.<\/p>\n<p>Bitcoin still leads the pack\u201491% know it by name. And it makes up 68% of the average investor\u2019s crypto stash. Yet the fact that almost everyone can name a digital coin shows that Singapore\u2019s trading scene is maturing.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Singaporean Investors are increasing their XRP holdings.<img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.1.0\/72x72\/1f447.png\" alt=\"\ud83d\udc47\" class=\"wp-smiley\" style=\"height: 1em;max-height: 1em\" \/> <a href=\"https:\/\/t.co\/ydq9PGwmXj\" rel=\"nofollow\" target=\"_blank\">https:\/\/t.co\/ydq9PGwmXj<\/a> <a href=\"https:\/\/t.co\/aK9H85ZVwb\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/aK9H85ZVwb<\/a><\/p>\n<p>\u2014 SMQKE (@SMQKEDQG) <a href=\"https:\/\/twitter.com\/SMQKEDQG\/status\/1925541893162619027?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">May 22, 2025<\/a><\/p>\n<\/blockquote>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"aligncenter size-full wp-image-758119\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/05\/a_5ff8d7.png?resize=1024%2C785\" alt=\"\" width=\"1024\" height=\"785\" loading=\"lazy\" \/><\/p>\n<h2><strong>XRP Ownership On The Rise<\/strong><\/h2>\n<p>Based on reports from Milieu Insight Market Research, XRP saw one of the strongest gains among altcoins. It now represents 17% of crypto holdings in Singapore, up from 14% last year.<\/p>\n<p>Ethereum grew even more, climbing from 41% to 48%. <a href=\"https:\/\/coinmarketcap.com\/\" target=\"_blank\" rel=\"noopener nofollow\">Solana<\/a> ticked up from 17% to 19%, while <a href=\"https:\/\/coinmarketcap.com\/\" target=\"_blank\" rel=\"noopener nofollow\">Dogecoin<\/a> rose only 1 point, from 18% to 19%. Still, XRP\u2019s 3-point boost hints at growing trust in its payment-focused design.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"size-full\" src=\"https:\/\/www.tradingview.com\/x\/SulJgOg6\/\" width=\"1835\" height=\"884\" \/><br \/>\n<strong>Monthly Investments Varied Widely<\/strong><\/p>\n<p>Investors in Singapore are not all spending the same amount each month. About 57% put in less than $500. Another 29% contribute between $500 and $1,000. Only 10% dedicate more than $1,000 each month to steadier \u201cdollar-cost averaging.\u201d Those figures suggest that most people treat crypto as a side play rather than a full-time career.<\/p>\n<p><strong>Stablecoin Trends And RLUSD<\/strong><\/p>\n<p>Stablecoins are also part of the mix. Roughly 46% of respondents said they own\u2014or once owned\u2014these US-pegged assets. Of that group, 21% hold them now, while 25% have moved on. Eighty-three percent prefer USD-pegged coins.<\/p>\n<p>In that context, <a href=\"https:\/\/ripple.com\/solutions\/cross-border-payments\/?c1=AD_GAW_SE_NW&amp;gad_source=1&amp;gad_campaignid=11227579142&amp;gbraid=0AAAAADRLBr8I-OGXdpt-Au0T2HesuQzzq&amp;gclid=CjwKCAjw3MXBBhAzEiwA0vLXQTO-yTM4shYb4X1DPM6mwJYPErfL-7q_-k6b1Bhva9B_-1lXEyVyORoCXDEQAvD_BwE\" target=\"_blank\" rel=\"noopener nofollow\">Ripple\u2019s<\/a> new RLUSD has reached a $310 million market cap in just a few months. Ripple\u2019s APAC managing director, Fiona Murray, said the coin is not just for trading but also for cross-border payments and DeFi work.<\/p>\n<p>Singapore\u2019s data echoes trends elsewhere. A <a href=\"https:\/\/blog.bitso.com\/wp-content\/uploads\/2025\/03\/110325_FINAL-FINAL-INFORME_BITSO_ingles.pdf\" target=\"_blank\" rel=\"noopener nofollow\">Bitso report<\/a> found that Latin American buyers favored XRP over Ethereum and Solana in 2024. With XRP adoption growing both regionally and in APAC, its role could shift from an afterthought to a core part of retail and institutional strategies.<\/p>\n<p>For now, Bitcoin\u2019s dominance remains solid. Still, altcoin allocations are climbing\u2014and XRP is leading that charge.<\/p>\n<p><em>Featured image from Pexels, chart from TradingView<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Singapore\u2019s crypto crowd is shifting its focus beyond Bitcoin. Interest in XRP has climbed as more traders add the token to their portfolios. The change comes even as Bitcoin remains the top holding. Crypto Awareness At Record High According to the 2025 Independent Reserve Crypto Index for Singapore, 94% of locals are familiar with at&hellip;<\/p>\n","protected":false},"author":1,"featured_media":4844,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[219],"tags":[220,98,65,19,419,150],"class_list":["post-4843","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin","tag-altcoin","tag-altcoins","tag-bitcoin","tag-crypto","tag-digital-currency","tag-xrp"],"_links":{"self":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/4843","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/comments?post=4843"}],"version-history":[{"count":0,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/4843\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media\/4844"}],"wp:attachment":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media?parent=4843"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/categories?post=4843"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/tags?post=4843"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}