Singapore's crypto landscape is witnessing a notable shift, with XRP emerging as one of the top-held cryptocurrencies among investors. According to the 2025 Independent Reserve Cryptocurrency Index (IRCI), XRP ownership among Singaporean crypto investors has risen to 17%, up from 14% in 2024.

Key Insights from the 2025 IRCI Report

  • XRP's Growing Adoption:

    • XRP is now held by 17% of Singaporean crypto investors, marking a 3% increase from the previous year.

    • This growth positions XRP among the top five most-held cryptocurrencies in Singapore, alongside Bitcoin (68%), Ethereum (48%), Solana (19%), and Dogecoin (18%).

  • High Crypto Awareness:

    • A remarkable 94% of Singaporeans are aware of at least one type of cryptocurrency, indicating widespread familiarity.

  • Diversified Portfolios:

    • 65% of crypto investors in Singapore hold between two to five different cryptocurrencies, reflecting a trend towards diversified investment strategies.

Factors Influencing XRP's Popularity

  • Regulatory Advancements:

    • Ripple's acquisition of a digital payments license in Singapore in 2023 has bolstered confidence in XRP, contributing to its increased adoption.

  • Strategic Investment Approaches:

    • Investors are focusing on high-quality portfolios, with 75% of those holding two to five cryptocurrencies reporting gains or breaking even.

Outlook for XRP in Singapore

The upward trend in XRP holdings among Singaporeans suggests a growing confidence in the cryptocurrency's potential. As regulatory frameworks continue to evolve and investors adopt more strategic approaches, XRP's prominence in the Singaporean crypto market is likely to strengthen further.

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📢Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your research before making investment decisions.