XRP is gaining momentum in Singapore as new data shows a noticeable increase in investor interest. Along with this trend, Ripple's stablecoin RLUSD is also drawing attention, signaling a shift in the region's cryptocurrency preferences.
According to the 2025 Singapore Independent Cryptocurrency Reserve Index Report, ownership of XRP has increased from 14 percent to 17 percent within a year. The survey indicates that 1,500 residents ranked XRP after two other altcoins in terms of top growth.
Ethereum is the biggest winner among altcoins, rising from 41 percent to 48 percent. Solana and Dogecoin increased by two and one percent, respectively. These changes are due to investors bringing more types of assets into their portfolios.
The report indicates that stablecoins are on the rise, primarily due to leading examples linked to the US dollar. In particular, the Ripple-backed RLUSD has reached a market value of over $310 million within just a few months.
XRP Growth as Investors Shift Focus to Utility and Stability
Stablecoins are becoming the preferred choice for many investors in the region. Forty-six percent of respondents reported having held stablecoins at some point, with 21 percent currently holding them and 25 percent having done so in the past. A significant 83 percent expressed a preference for USD-backed stablecoins.
The increasing number of RLUSD portfolios indicates interest in digital assets that provide stability. Consequently, more investors are turning to safe investments as the market continues to rise.
About 94 percent of respondents reported knowing at least one cryptocurrency. Nine out of ten have heard of Bitcoin, and nearly three-quarters of cryptocurrency holders keep it in their portfolios.
Although blockchain is being used more today, investment has not significantly increased. Only about 10 percent of the investment group puts in more than $1,000 each month. Most people in Singapore maintain low investment levels, with 57 percent spending under $500 a month and 29 percent investing between $500 and $1,000.
As both XRP and RLUSD continue to attract attention, Singapore is shaping up to be a key player in the regional cryptocurrency trend. The growing interest of more investors in these assets indicates changes taking place in the digital financial world across the Asia-Pacific.
The increasing popularity of XRP and the strong position of RLUSD in the market reflect changes in investor preferences in Singapore. As more people in China become aware and their investment portfolios change, this could pave the way for broader adoption of ESG investments across Asia.