The confidence of HODLers in crypto remains the key driving force. Here’s how the Bitcoin, Ethereum, and XRP price trend will shape in 2025 based on the change in non-empty wallets.
Over the past week, the total crypto market capitalization has dropped by 5.35%. This sudden bearish turn came with Bitcoin price BTC $110 520 24h volatility: 1.8% Market cap: $2.20 T Vol. 24h: $63.85 B falling to nearly $90,000.
This highlights the quick fizzle of the early 2025 recovery week of 6.98%. Currently, the crypto market cap stands at $3.24 trillion with Bitcoin trading at $94,789.
Fluctuating Wallets Reveal Underlying Crypto Sentiment
The first 10 days of 2025 highlight massive fluctuations in crypto prices. Furthermore, the whole HODLer community has also faced a massive surge in volatility.
Since the start of 2025, the number of crypto holders has witnessed a significant change. This reflects the confidence of investors in certain tokens and the rising FUD in others.
In a recent tweet by Sentiment, the XRP XRP $2.56 24h volatility: 2.0% Market cap: $153.53 B Vol. 24h: $4.77 B and Ethereum ETH $3 919 24h volatility: 1.5% Market cap: $472.96 B Vol. 24h: $34.20 B non-empty wallet have increased in number. However, Chainlink has witnessed a minor drop. Meanwhile, Cardano is starting to recover with a positive turnaround.
📊 As 2025 has kicked off with roller coastering prices for crypto's top assets, the amount of hodlers have fluctuated wildly since the new year:
🪙 Bitcoin $BTC: +102K Wallets
🪙Ethereum $ETH: +645K Wallets
🪙XRP Ledger $XRP: +58K Wallets
🪙Cardano $ADA: +2.8K Wallets… pic.twitter.com/W07x43GgW4— Santiment (@santimentfeed) January 10, 2025
Since the new year, Bitcoin has added 102K new wallets followed by Ethereum added 645K wallets. The XRP ledger also maintains a positive trend with 58k new wallets and Cardano adding 2.8K wallets.
The biggest meme coin in the crypto market, Dogecoin DOGE $0.19 24h volatility: 0.4% Market cap: $29.18 B Vol. 24h: $2.42 B has also maintained a positive trend with the addition of 29K new wallets. However, the DeFi token Chainlink LINK $18.25 24h volatility: 2.6% Market cap: $12.69 B Vol. 24h: $1.01 B has witnessed 3.3K fewer holders since the beginning of 2025.
As the majority of the top altcoins and bitcoin maintain a rising trend in wallets, it reflects the investors’ confidence on a long-term scale. However, the declining trend in Chainlink reveals the surge of FUD.
Ethereum Price Recovery Targets $3,500
In the 4-hour price chart, Ethereum reveals a recovery rally at hand. Over the past 12 hours, Ethereum price has created three consecutive bullish candles.
Furthermore, the ETH crypto price trend is currently hinting at a fourth bullish candle to break above the $3,300 mark. Challenging the 23.60% Fibonacci level, ETH crypto price has witnessed a 3.50% surge amid the short-term recovery.
This challenges the recent bearish engulfing candle, accounting for the 3.75% drop last night. Furthermore, the bullish divergence in the RSI line with the recent 24-hour low is hinting at an extended rally.
Based on the Fibonacci level, the 23.60% breakout run will likely challenge the 50% level at $3,546. However, a bullish failure will likely retest the $3,100 mark.
Bullish Flag in XRP Targets New All-time High
Similar to Ethereum, XRP crypto has also witnessed an intraday recovery of 1.64%. Currently, XRP trades at $2.30 while challenging the local resistance trendline.
Based on the prevailing trend, the XRP crypto price trend creates a bullish flag in the daily chart. Currently, the XRP price is challenging the overhead resistance trendline, hinting at a potential breakout rally.
As per the trend-based Fibonacci levels, the breakout rally will likely challenge the 50% Fibonacci level at $4.68.
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