Coinbase experienced a dramatic shift in its cryptocurrency holdings, with ADA reserves soaring by 462% and XRP holdings plummeting dramatically. This change reveals shifting demands on the exchange platform. 462% growth in Cardano (ADA) holdings marks increasing institutional interest and user adoption of the asset, while a sharp decline in XRP reserves reflects a decrease in demand for Coinbase’s wrapped XRP product. The surge in ADA coincides with the rapid expansion of Coinbase Wrapped ADA (cbADA) on the Base network, indicating growing preference for this version of ADA. In contrast, XRP reserves have experienced a substantial drop from 970 million tokens to roughly 16.39 million within a short period. This decline could potentially influence XRP market prices or suggest a shift in institutional engagement with the cryptocurrency.