{"id":397347,"date":"2025-07-05T01:57:50","date_gmt":"2025-07-04T20:27:50","guid":{"rendered":"https:\/\/dripp.zone\/news\/less-than-5-of-wallets-generate-most-on-chain-value-report-crypto-news\/"},"modified":"2025-07-05T02:08:15","modified_gmt":"2025-07-04T20:38:15","slug":"less-than-5-of-wallets-generate-most-on-chain-value-report-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/less-than-5-of-wallets-generate-most-on-chain-value-report-crypto-news\/","title":{"rendered":"Less Than 5% of Wallets Generate Most On-Chain Value: Report – Crypto News"},"content":{"rendered":"

<\/p>\n

New research from Flipside reveals that fewer than 5% of wallets typically handle the majority of on-chain transfer volume.<\/p>\n

\n

A new report<\/a> from blockchain analytics firm Flipside reveals that a very small cohort of blockchain users is responsible for most of the value being transferred across 24 major networks.<\/p>\n

The firm tracked more than 400 million addresses and found that wallets with high engagement scores \u2014 what it calls \u201chigh-quality users\u201d \u2014 consistently move the most funds. These users comprise only a small portion of total addresses but are responsible for the bulk of transfer volume.<\/p>\n

\u201cThe vast majority of addresses on each blockchain fall into the low-value range, with only a small percentage achieving medium or high-value status,\u201d Flipside said.<\/p>\n

Transfer Volume vs. User Scores Q2 2025<\/figcaption><\/figure>\n

The blockchain analytics firm \u2014 backed<\/a> by $50 million in funding from Republic Capital, Galaxy, Dapper Labs, and others \u2014 uses a 0-15 scoring system to rank wallets based on a \u201crolling 90-day window of activity across key engagement areas.\u201d<\/p>\n

Most wallets land in the \u201clow-value\u201d category with a score between 0 and 3. But users who score 8 or higher \u2014 less than a few percent on most chains \u2014 tend to show strong and steady transfer behavior, per the report.<\/p>\n

Flipside notes that the higher a wallet\u2019s score, the more value it usually moves, and this pattern appears across all blockchains studied, including Ethereum<\/a>, Solana<\/a>, Arbitrum<\/a>, Aptos<\/a>, and Base<\/a>.<\/p>\n

Quality Over Quantity<\/h2>\n

The report reveals that even wallets with medium scores \u2014 between 4 and 7 \u2014 tend to contribute far more volume than the lowest-scoring group. When comparing the number of quality users scoring 4 and above to the total volume moved, the difference is evident, as nearly all chains show that this group handles most of the activity.<\/p>\n

The key takeaway, Flipside notes, is that the true drivers of value in blockchain ecosystems are \u201chigh-quality users,\u201d who engage \u201cdeeply, transact regularly, and contribute meaningfully to the network.\u201d<\/p>\n

\"Unique
Unique Users vs. User Scores Distribution<\/figcaption><\/figure>\n

The firm added that this quality-centric mindset \u201cmay prove to be a critical differentiator\u201d in an increasingly competitive blockchain landscape.<\/p>\n

Other studies also reveal that even when examining specific tokens, centralization among a small number of wallets persists. For example, Bitquery\u2019s 2023 analysis<\/a> found that the top 10 holders of USDT<\/a> controlled about 24% of its supply, while the top 10 USDC<\/a> holders held over 12%, though it\u2019s unclear how much of that belonged to centralized exchanges.<\/p>\n

In 2025, those figures have climbed. According to IntoTheBlock data, whales now hold<\/a> 61% of the USDT supply, while 56% of USDC is also concentrated<\/a> in large wallets, indicating increased centralization despite expanding usage.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

New research from Flipside reveals that fewer than 5% of wallets typically handle the majority of on-chain transfer volume. A new report from blockchain analytics firm Flipside reveals that a very small cohort of blockchain users is responsible for most of the value being transferred across 24 major networks. The firm tracked more than 400 […]<\/p>\n","protected":false},"author":2,"featured_media":397348,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[274,273,272,244,266,271,268,270,269,267],"class_list":["post-397347","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-de-fi","tag-crypto-finance","tag-decentralized-finance","tag-liquidity","tag-metamask","tag-pancake","tag-slippage","tag-sushiswap","tag-tronlink","tag-trust-wallet","tag-uniswap"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/397347","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=397347"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/397347\/revisions"}],"predecessor-version":[{"id":397349,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/397347\/revisions\/397349"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/397348"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=397347"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=397347"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=397347"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}