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Ethereum Beats XRP, Bitcoin In Wallet Growth, But Here’s Why That’s (Probably) Irrelevant

Posted On December 19, 2025

On-chain data shows Ethereum (CRYPTO: ETH) remains the blockchain with the fastest wallet growth, followed by XRP (CRYPTO: XRP) and Bitcoin (CRYPTO: BTC).

Ethereum Leads Adoption While Bitcoin Ranks Second

According to data shared by Santiment, Ethereum ranks first among cryptocurrency networks with 167.96 million non-empty wallets, giving it a wide lead in address activity. 

Bitcoin follows in second place with 57.62 million wallets, reflecting a more concentrated holding structure.

Ethereum’s dominance in wallet counts reflects its role as the primary settlement layer for decentralized finance, stablecoins, NFTs, and smart contract applications.

Many Ethereum addresses hold small balances tied to protocols, bots, and applications, which significantly boosts wallet totals.

Bitcoin’s lower wallet count points to a different usage pattern. 

Rather than transactional density, Bitcoin’s on-chain profile aligns more closely with its role as a store of value, where balances tend to be more concentrated and held for longer periods.

XRP Wallet Growth Continues …

Full story available on Benzinga.com

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