XRP Is the Only Top Crypto in Profit Mid-Term: Glassnode

A recent analysis by onchain data firm glassnode reveals how mid-term crypto investors are faring, showing XRP holders in the green.

Mid-term refers to holders who bought during the euphoric market highs of December 2024 to January 2025. Using cost basis comparisons, glassnode assessed whether these investors are currently sitting on profits or losses.

The numbers currently show a mixed picture among large-cap crypto assets. Solana (SOL) leads the losses, trading 28% below its average buy-in price of $146. Meanwhile, Ethereum (ETH) investors are down even more, with the asset 36% below its $1,800 cost basis. Bitcoin (BTC), which hit a record $109,000 earlier this year, is now hovering just 1% below that level.

Ripple’s XRP, however, stands out as an exception as it’s the only major crypto asset in green, up 11% from its $2.14 cost basis.

The findings come amid broader market uncertainty, with digital assets facing renewed volatility after a strong start to the year. “Price stabilizing below the 3m–6m holders’ cost basis is a clear sign of market weakness,” glassnode explained in the X post sharing the data.

In December 2024, the total cryptocurrency market capitalization reached an all-time high of $3.8 trillion. Today it’s approximately $3.09 trillion, a roughly 20% decrease since then, according to CoinGecko data.

Bitcoin currently accounts for around $1.93 trillion of that total, giving it a market dominance of 62.3%.