Bitcoin continues to dominate investors’ crypto portfolios, accounting for 30.95% of total investor holdings.
XRP overtakes SOL to become the third-largest allocation among non-stablecoin cryptocurrencies.
Meme coins benefited from Trump tokens to become the largest category of altcoins.
A newly released report by Bybit, shows that Bitcoin makes up over 30% of total non-stablecoin crypto holdings in a portfolio. This means about one in three coins held by investors is BTC. This marks a significant increase in allocation from ~25.4% in November 2024, also cementing Bitcoins dominance in a digital asset portfolios.
The report on crypto holders’ asset allocation for the first half of 2025 covers investments from October 2024 to May 2025. It notes that Bitcoin and Ethereum combined account for 58.8% of non-stablecoin investments.
The current ETH/BTC holding ratio stands at 0.27, meaning investors typically hold $4 in BTC for every $1 in ETH. Ethereum has seen a significant rebound from a low of 3.89% holdings in April, however is still far from its peak of Novemeber 2024, where it saw 11.12% in allocations among digital assets. So despite the rebound in May 2025, ETH still recordd a year-to-date negative return of 24.1%.The report makes note of the fact that the two largest cryptocurrencies have moved in tandem, however, BTC showed more resilience during the market downturn.
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XRP, on the other hand, managed to surpass SOL in November 2024 to become the third-largest non-stablecoin cryptocurrency after Bitcoin and ETH. Investors holdings have doubled from 1.29% to 2.42% by May 2025. This surge is largely attributed to growing institutional and retail optimism surrounding potential SEC approval of XRP Spot ETFs.
As for Solana, it remains in a deep slumber. SOL holdings plunged from 2.72% in November 2024 to 1.76% in May 2025, in stark contrast to Solanaʼs bullish trend in Q3 2024. The report attributed the weakening popularity of staked Solana and the subdued enthusiasm of retail traders toward Pump.fun as some of the headwind toward SOLʼs price trend. Since February 2025, the SOL/ETH holding percentage ratio has dropped by more than 50%, demonstrating investorsʼ stronger preference for Ether over the past three months.
Among the interesting findings in the report is that, the highest holding percentage of altcoin categories are meme coins followed by DeFi tokens and Layer 1 tokens. It showed that Meme coins benefited from Trump tokens to become the largest category among altcoins.
Bybit’s findings reveal a clear resurgence in Bitcoin’s market share, Ethereum’s recovery, and XRP’s rise as a major contender. As the crypto market matures, allocations across these top tokens demonstrate investors’ focus on balancing stability, innovation, and emerging opportunities.
