|
Getting your Trinity Audio player ready...
|
- Coinbase ADA reserves increased by 462% since June.
- XRP holdings on Coinbase fell 98%, now at 16.39M tokens.
- Rising ADA demand suggests growing institutional accumulation.
Stay ahead with real-time updates and insights—Join our Telegram channel!
Coinbase has seen dramatic shifts in its crypto reserves over the past few months, with Cardano (ADA) holdings surging and XRP declining sharply. Data from Coinbase’s Proof-of-Reserves highlights significant trends that could shape market sentiment for both assets.
ADA Reserves Surge on Coinbase
According to Coinbase, the exchange currently holds approximately 9.56 million ADA in its reserves. These tokens back Coinbase Wrapped ADA (cbADA) on the Base network, which now has a total supply of roughly 9.53 million cbADA.
This marks a 462% increase since the launch of cbADA in June, when the initial supply was just 1.7 million ADA. Analysts suggest this surge reflects growing demand for wrapped ADA, particularly from institutional investors seeking exposure to Cardano via Coinbase’s platform.
Coinbase's Cardano reserves just shot up by 462%, going from 1.7M to 9.56M ADA.
— dori (@dori_coin) October 5, 2025
This means two things are happening: demand for Coinbase Wrapped ADA is exploding, and institutions are buying ADA and parking it on Coinbase. On the flip side, their XRP reserves have plummeted from… pic.twitter.com/AqODKIpP3k
XRP Reserves Continue to Decline
In contrast, Coinbase’s XRP reserves have been steadily shrinking. Once among the top 10 largest XRP-holding exchanges, Coinbase saw its holdings fall from 970 million tokens to 16.39 million XRP today—a staggering 98% drop.
The wrapped version of XRP on the Base network, cbXRP, mirrors this decline, with a total supply of 16.38 million tokens. Market observers note that this reduction may indicate slower institutional activity or lower demand for XRP compared to ADA.
$XRP Analysis:
— Del Crxpto (@DelCrxpto) September 15, 2025
Over the last 90 days the supply of $XRP on @coinbase has fallen from 970,000,000 – 99,000,000 $XRP.
No one is ready for what comes next.
What This Means for the Market
The contrasting trends suggest two key dynamics at play:
- Rising Institutional Interest in ADA: The surge in ADA reserves points to increased institutional accumulation and demand for wrapped tokens on Coinbase.
- XRP Scarcity Could Be Bullish: While the decline in XRP reserves raises concerns for some, lower availability on exchanges may reduce selling pressure and potentially support price stability.
Also Read: Coinbase Applies for National Trust Charter to Expand Crypto Services and Innovation
Some in the XRP community have voiced concerns that Coinbase may be deliberately reducing holdings to influence market pricing. Others view it as a bullish signal, emphasizing scarcity and lower exchange liquidity.
Coinbase’s latest reserve data paints a clear picture of shifting investor behavior. Cardano’s popularity is rising, while XRP faces supply constraints on the exchange. Investors should watch these trends closely, as they could indicate future market movements and institutional strategies for these assets.
Stay ahead with real-time updates and insights—Join our Telegram channel!
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m your translator between the financial Old World and the new frontier of crypto. After a career demystifying economics and markets, I enjoy elucidating crypto – from investment risks to earth-shaking potential. Let’s explore!
