Shiba Inu Hits Record On-Chain Holders as XRP Struggles

The Shiba Inu cryptocurrency has reached an all-time high of 1.59 million on-chain holders after adding 3,464 new wallets in June.

This milestone comes as the decentralized financial (DeFi) space continues to grow and attract more investors.

However, not all cryptocurrencies are experiencing similar success. The XRP Ledger (XRPL) has seen a decline in its RWA projects, with only 68 launched compared to Stellar's 302.

The difference in asset behavior is attributed to the volume and activity of real capital on each platform.