💎 Swell network enhances the Ethereum staking ecosystem by offering liquid staking and restaking, enabling seamless rewards and governance participation through the $SWELL.

An analysis of $SWELL holders reveals compelling insights. As of now, the $SWELL token is held by 44.6K addresses on the Ethereum chain and 6.56K addresses on the Swell network.🔥 

Since the beginning of 2025, the total number of $SWELL holders has increased by approximately 13.6%, indicating steady growth.📈 

Additionally, there is a noticeable trend of users increasingly opting to hold $SWELL on the main network.🔄

Among these holders, 2,561 unique addresses have been identified as holding $SWELL tokens on both the Ethereum and Swell chains.👨‍💻

🔎In terms of distribution, the majority of holders on both networks maintain a balance of less than 1,000 $SWELL. 
On the Ethereum chain, 79 addresses possess more than 1 million $SWELL, whereas on the Swell network, this figure stands at just 9 unique addresses.🐳

📊On-Chain Data Analyst
🔎Exploring Axelar Ecosystem, L2 chains, IBC & Altcoins...

Interesting insights! The growing trend of $SWELL holders on the main network suggests increasing confidence in its liquid staking potential. It's also fascinating to see the distribution dynamics across both networks.