Recent metrics reveal that the number of Dogecoin holders has surpassed a remarkable 8.1 million. Let’s delve into how this stacks up against other prominent cryptocurrencies like XRP and Cardano.
Dogecoin Surges Ahead of Other Altcoins While Bitcoin & Ethereum Lead
According to a new report from the analytics platform Santiment, the landscape of cryptocurrency holders showcases interesting developments across various digital assets.
The metric of Total Amount of Holders is a crucial indicator in the crypto market. It reflects the number of wallets that maintain a non-zero balance within a specific blockchain.
As this number increases, it generally suggests that new investors are entering the market, or that previous investors are re-engaging with their assets. The emergence of new wallets by existing users also contributes to this upward trend.
A rise in holders typically indicates a healthy influx of fresh interest into the cryptocurrency, while a decrease may suggest some investors are liquidating their assets.
Below is a visual representation shared by Santiment, depicting the trends in Total Amount of Holders for leading cryptocurrencies:
The chart clearly indicates a significant uptick in cryptocurrency holders over the past year, signaling a wave of new investors entering the space.
While many cryptocurrencies have displayed consistent growth patterns, others have seen more erratic trends. Dogecoin experienced a remarkable surge earlier in 2025, although its growth has since slowed.
Currently, Dogecoin boasts approximately 8.1 million holders, surpassing XRP (7.1 million), Cardano (4.5 million), USDC (4 million), and Chainlink (802,500). Notably, the fact that DOGE holds a larger holder count than XRP is particularly intriguing, given that XRP’s market cap is over four times greater than DOGE’s, illustrating the memecoin’s appeal among retail traders.
On the flipside, Ethereum leads the pack with over 160 million holders, well ahead of Bitcoin’s 56.9 million. Tether (USDT) claims the third spot with about 8.9 million holders.
Adoption trends are historically beneficial for cryptocurrency networks; a broader user base fosters a stronger foundation for potential price enhancements. Consequently, the increase in Dogecoin and other assets’ holder counts can be interpreted as a positive market indicator.
DOGE Price Trends
Despite its growing popularity among retail users, Dogecoin’s price has faced challenges recently, experiencing an 18% decline from its September peak to approximately $0.25.
