overtaking – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Thu, 04 Sep 2025 13:19:38 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.7 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 overtaking – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 Ethereum staking queue hits $3.7B, overtaking withdrawals for the first time since July https://earlybirdsinvest.com/ethereum-staking-queue-hits-3-7b-overtaking-withdrawals-for-the-first-time-since-july/ https://earlybirdsinvest.com/ethereum-staking-queue-hits-3-7b-overtaking-withdrawals-for-the-first-time-since-july/#respond Thu, 04 Sep 2025 13:19:38 +0000 https://earlybirdsinvest.com/ethereum-staking-queue-hits-3-7b-overtaking-withdrawals-for-the-first-time-since-july/

The amount of Ethereum waiting to enter staking has overtaken the volume queued for withdrawal for the first time since July, marking a key shift in network activity.

According to data from the Ethereum Validator Queue, the staking entry line reached 833,141 ETH (around $3.7 billion) on Sept. 4, surpassing the 819,757 ETH (roughly $3.6 billion) currently awaiting exit from staking pools.

Ethereum Staking
Ethereum Staking Queue (Source: ValidatorQueue)

Notably, this is the first time since July 22 that the entry requests have outpaced exits. Staking service provider Everstake also noted that the surge reflects the largest queues observed since 2023, when the Shanghai upgrade allowed staked ETH withdrawals.

As a result, ETH stakers must wait approximately 15 days before they can stake their assets on the chain.

Despite this shift, the total supply of staked ETH is expected to remain largely steady at above 36 million ETH because the entry and exit volumes nearly balance each other out.

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]]> https://earlybirdsinvest.com/ethereum-staking-queue-hits-3-7b-overtaking-withdrawals-for-the-first-time-since-july/feed/ 0 56722 Number of XRP holders almost doubled within six months, overtaking Solana https://earlybirdsinvest.com/number-of-xrp-holders-almost-doubled-within-six-months-overtaking-solana/ https://earlybirdsinvest.com/number-of-xrp-holders-almost-doubled-within-six-months-overtaking-solana/#respond Tue, 24 Jun 2025 19:33:38 +0000 https://earlybirdsinvest.com/number-of-xrp-holders-almost-doubled-within-six-months-overtaking-solana/

The number of XRP holders has nearly doubled between October 2024 and May 2025, expanding from 1.29% to 2.42%, while Solana (SOL) experienced the opposite, falling 35% from 2.72% to 1.76%.

According to Bybit’s “H1 2025 asset allocation report,” the rebalancing stems from a shift in sentiment as both retail and institutional investors have begun to favor XRP over Solana.

XRP has gained momentum in recent months as its years-long legal battle with the SEC comes to a close, setting the stage for a potential spot exchange-traded fund tied to Ripple’s token. 

The sentiment shift has propelled XRP to the third-largest cryptocurrency by market cap after Bitcoin (BTC) and Ethereum (ETH). It overtook Solana in November 2024.

In January, XRP allocations registered the largest percentage of the period, representing 5% of the total. In the same month, the token touched $3.31, its highest price since the all-time high registered on January 7, 2018.

ETF expectations drove the pivot

The report linked the allocation swing to exchange-traded fund (ETF) expectations, noting that Polymarket traders assign a 90% probability of approval by year-end 2025. 

It added that the redirection of SOL exposure to XRP was not a move made only by retail investors, as institutions also made the same decision during the first half of the year. 

The study covered active traders between October 2024 and May 2025. Active traders were those who executed at least 20 transactions per month. 

Additionally, the report classified participants into institutional, VIP, and general retail tiers to track wallet behavior across market segments.

Bitcoin and Ethereum still reign

Stablecoin allocations also declined in May, as users allocated fresh capital to Bitcoin and Ethereum. Yet, XRP maintained its expanded share. 

The report highlighted that Bitcoin controlled nearly 31% of assets, while BTC and ETH combined reached 58.8% of non-stablecoin holdings during the same month. 

XRP’s advancement, coupled with Solana’s retreat, caps a period in which altcoins overall ceded ground to Bitcoin. Altcoin share peaked at 35.22% in November 2024 before easing to 23.46% in May 2025, the same month that Bitcoin registered its latest all-time high.

Lastly, traders pulled stablecoin balances off the sidelines and redeployed them into BTC and ETH in May. 

Institutional accounts cut their stablecoin share by 14% from April, steering roughly 6% each to Bitcoin and Ether and one point to Solana, with smaller flows rounding out the remainder.

This movement reversed the defensive build-up that followed earlier market dips.

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]]> https://earlybirdsinvest.com/number-of-xrp-holders-almost-doubled-within-six-months-overtaking-solana/feed/ 0 43892 Tron’s TRX skyrockets 5% overtaking Ethereum in the USDT circulation https://earlybirdsinvest.com/trons-trx-skyrockets-5-overtaking-ethereum-in-the-usdt-circulation/ https://earlybirdsinvest.com/trons-trx-skyrockets-5-overtaking-ethereum-in-the-usdt-circulation/#respond Wed, 14 May 2025 14:11:54 +0000 https://earlybirdsinvest.com/trons-trx-skyrockets-5-overtaking-ethereum-in-the-usdt-circulation/

The cryptocurrency market shows mixed signals as geopolitical development creates both opportunities and challenges for digital assets.

Tron’s TRX tokens showed noticeable strength at 4.8% rallies over the last 24 hours, rising from $0.264 to $0.276 before experiencing minor corrections.

This uptrend coincides with Tron achieving a significant milestone by overtaking Ethereum as the blockchain with the largest USDT distribution, and currently hosting $73.8 billion compared to $71.9 billion.

The White House announcement of a recent trade agreement between the US and China shows a potential cooling of trade tensions, boosting market sentiment. Meanwhile, institutional adoption continues to accelerate as Coinbase highlights its mainstream acceptance of digital assets in addition to the S&P 500.

Technical Analysis Highlights

  • The TRX rose from $0.264 to a peak of $0.276, representing the 4.8% range with above average volume at key breakout points.
  • Strong purchase pressure established support at $0.265 during the 13:00-14:00 and 19:00 sessions.
  • The prominent resistance zone appeared at about $0.275, and the price merged near this level before a slight pullback.
  • A consistent high and low throughout the period suggests a continuing intense momentum.
  • In the final hour, the TRX peaked at $0.276 at 07:48, then entered a sharp correction phase.
  • Prices fell about 0.9% from the hourly high to $0.273, with a massive sales volume (11.8m) at 08:08.
  • A new support level was established at around $0.274, with multiple unsuccessful attempts trying to regain $0.275.
  • Recent price action shows a consolidation of between $0.273 and $0.274, with conservative purchases appearing near the session lowest.

Disclaimer: This article was generated with AI tools and reviewed by the editorial team to ensure accuracy and compliance with the standards. For more information, see Coindesk’s complete AI policy. This article may contain information from external sources listed below, where applicable.

External reference

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