Top ten most popular cryptoassets held on eToro globally and in Romania
-
Loading... - Isabella Martel
- 27 Jul 2022
- 85 Views
- 0 Like
- 0 Comment
Cardano maintains the first position in Romania, while Bitcoin returns to the first place on the eToro platform globally.
â— Bitcoin returned to the top spot in Q2 as the most-held cryptocurrency on the global eToro platform, surpassing Cardano for the first time in 2022
â— Shiba becomes the sixth most owned crypto asset in a year
â— Decentraland (MANA) climbs 11 places as the metaverse captures investor interest
July 21, 2022: Bitcoin regained its title as the most-held cryptoasset on the eToro platform globally, dethroning the Cardano token for the first time in 2022. Meanwhile, Romanian investors continued to prefer Cardano over Bitcoin in the second quarter of the year.
Despite the market's headwinds in 2022, the number of eToro users holding the world's largest crypto asset grew by 9% in the second quarter, suggesting that individual investors remain committed to the token for the long term. Cardano holdings fell very slightly, by less than one percent, leaving it second in the top 10 most-held cryptoassets globally.
In Romania, Cardano remains the most widely held crypto-asset, while the number of users holding Bitcoin increased by 11% compared to the end of the first quarter of 2022, overtaking Ether, which is in second place on the list.
A notable mover in the global list was Decentraland (MANA), which jumped from 21st place in the top crypto assets in Q2 2021 to 10th place in Q2 2022. Decentraland is a virtual reality blockchain platform that aims to allows users to purchase, build and monetize apps in the metaverse.
Simon Peters, cryptoassets analyst at eToro, commented: "Both are on the rise: "There's no hiding the fact that the crypto market has had a tough time in the last quarter. However, investors on the eToro platform are showing patience, while keeping their faith in cryptoassets with the most wealth and the largest market capitalization, such as bitcoin and ether. Decentraland's rise also demonstrates that investors still see long-term value in other, more forward-looking projects, especially when it comes to the metaverse."
Most held cryptoassets on eToro globally at the end of Q2 2022
Crypto asset Position (end Q2 2022) Position (end Q2 2021)
Bitcoin 1 2
Cardano 2 1
Ether 3 3
