XRP（加密：XRP）在過去四個月中增長了400％，最好的可能還沒有

在過去的四個月中，XRP（加密：XRP）很容易成為加密貨幣市場中表現最好的人之一。在那段時間裡，XRP的提高了400％

Part of the crypto market that has been heating up rapidly in recent months is that of largely unheralded tokens. Some of the biggest winners in the crypto market so far this year have been tokens like FanToken (AC Milan), STEPN (GMT), and Flow (FLOW).

近幾個月來，加密市場一直在迅速加熱的一部分是很大程度上沒有保守的令牌。今年迄今為止，加密貨幣市場上一些最大的贏家是Fantoken（AC Milan），Stepn（GMT）和Flow（Flow）等代幣。

These tokens have outperformed Bitcoin (CRYPTO:BTC) and Ethereum (CRYPTO:ETH) in 2025, and they’ve also managed to gain on several other popular tokens like SHIB (CRYPTO:SHIB) and ADA (CRYPTO:ADA).

這些令牌在2025年的表現優於比特幣（Crypto：BTC）和以太坊（Crypto：ETH），並且他們還設法獲得了其他幾個受歡迎的代幣（例如Shib（Crypto：Shib）和Ada（Crypto）（crypto：ADA）等其他受歡迎的令牌。

Among the best-performing tokens of the past four months is XRP (CRYPTO:XRP). Since March 1, when XRP was trading around $2.50, the token has risen by a staggering 400%.

在過去四個月中表現最佳的令牌中是XRP（加密：XRP）。自3月1日以來，當XRP交易約2.50美元時，令牌上升了400％。

If you missed out on the rally in XRP, there might still be time to get in on some gains as the token could be setting up for another big move. Here’s a breakdown of what’s going on with XRP and what could happen next.

如果您錯過了XRP的集會，那麼可能仍然有時間獲得一些收益，因為代幣可能正在為另一個大動作設置。這是XRP發生的事情以及接下來可能發生的事情的細分。

What happened with the SEC lawsuit?

SEC訴訟發生了什麼？

If you haven’t been following the long, drawn-out legal proceedings that played out between the Securities and Exchange Commission (SEC), XRP, and Ripple (the company behind the XRP token), consider yourself lucky. The case, which began in December 2020, took many twists and turns and was difficult to follow. Just when it seemed like the case was coming to an end, it would somehow extend even longer.

如果您還沒有遵循證券交易委員會（SEC），XRP和Ripple（XRP代幣背後的公司）之間進行的漫長，提出的法律訴訟，請認為自己很幸運。該案始於2020年12月，發生了許多曲折，很難遵循。就在案件即將結束時，它會以某種方式擴展更長的時間。

At the heart of the lawsuit was the question of whether XRP is a security or a commodity. And to answer that question, the courts were using a legal precedent (known as the Howey Test) from a 1946 Supreme Court case that had to do with a company selling Florida orange groves. That might help explain why the case took so long; if you think comparing apples to oranges is difficult, what about comparing cryptos to oranges?

訴訟的核心是XRP是安全還是商品的問題。為了回答這個問題，法院正在使用1946年最高法院案件的法律先例（稱為Howey測試），該案件與出售佛羅里達橙色格羅夫斯的公司有關。這可能有助於解釋為什麼案件花了這麼長時間；如果您認為將蘋果與橙子進行比較很困難，那麼將加密貨幣與橙子進行比較呢？

The good news is that a final decision in the case is now expected to come by April 16, which is the next anticipated court date for the case. After more than four years of countless legal back-and-forth, we might finally have a resolution. And nothing the market likes better than certainty.

好消息是，該案的最終決定預計將於4月16日提出，這是該案的下一個預期法庭日期。經過四年多的來回法律，我們終於可以解決。市場比確定性更好。

What’s next for XRP?

XRP的下一步是什麼？

Thus far in 2025, the SEC has already dismissed several high-profile crypto lawsuits. But after filing an appeal in January, it has been strangely silent about the one case that everyone is watching: the case against Ripple.

到目前為止，在2025年，SEC已經駁回了幾項備受矚目的加密訴訟。但是，在一月份提出上訴後，對每個人都在觀看的一個案件感到奇怪地保持沉默：針對Ripple的案件。

Given the clear pro-crypto emphasis of the Trump administration, the thinking now is that whatever happens next will be in XRP’s favor. As hard as the SEC has been pressing its case, it doesn’t really hold the right cards any more.

鑑於特朗普政府明確的親克萊普托強調，現在的想法是，接下來發生的任何事情都會有利於XRP。儘管SEC一直在按下案件，但它實際上不再保留正確的卡。

Even if the SEC tries to extend this case beyond April, the Trump administration has several important levers it can pull to shut down the case once and for all. Some have speculated that Trump could send Elon Musk and DOGE to look into activity at the SEC, or he might encourage the recently formed Senate Crypto Subcommittee to investigate the SEC for regulatory overreach. And if neither of those work, he might simply sign an executive order.

即使美國證券交易委員會（SEC）試圖將此案擴展到4月以外，特朗普政府也有幾個重要的槓桿，可以一勞永逸地關閉該案件。一些人推測，特朗普可以派埃隆·馬斯克（Elon Musk）和道德（Doge）在SEC進行活動，或者他可能會鼓勵最近成立的參議院加密貨幣小組委員會調查SEC的監管過度。如果這兩個工作都沒有，他可能只是簽署行政命令。

How high could XRP go?

XRP可以去多高？

In a best-case scenario that involves only the final resolution of the SEC court case, it’s possible that XRP could rise back to its all-time high of $3.84. But let’s think bigger.

在僅涉及SEC法院案件的最終解決方案的最佳情況下，XRP可能會恢復到其歷史最高的3.84美元。但是，讓我們思考更大。

XRP could be included as part of the new Crypto Strategic Reserve that the Trump administration has proposed, so it’s easy to find price forecasts as high as $10 for XRP. In fact, some analysts think that XRP might eventually soar as high as $100 as long as the entire crypto market continues to move higher.

XRP可以作為特朗普政府提出的新加密戰略儲備的一部分，因此很容易找到XRP的價格預期高達10美元。實際上，一些分析師認為，只要整個加密貨幣市場繼續提高，XRP最終可能會飆升至100美元。

Another factor that could send XRP higher is the launch of a new spot exchange-traded fund (ETF). The likelihood of XRP getting a spot ETF this year will be enhanced considerably if the regulatory cloud over Ripple and XRP is cleared up. The launch of a new spot ETF is key, as it ensures a fresh new influx of investor money into XRP.

可能使XRP更高的另一個因素是推出了新的現貨交易所基金（ETF）。如果清除波紋和XRP的調節雲，XRP今年獲得ETF的可能性將大大增強。推出新的ETF是關鍵，因為它確保了新的投資者資金湧入XRP。

Right now, Bloomberg is projecting the probability of a spot XRP ETF at 65%. That was based on the understanding that there’s no way the SEC would approve an ETF if there are still regulatory issues swirling around XRP. But if the SEC case gets wrapped up by April, then it becomes quite possible that a spot ETF might arrive later this year.

目前，彭博社將Spot XRP ETF的概率投射為65％。這是基於這樣的理解：如果仍然存在XRP旋轉的監管問題，SEC絕不會批准ETF。但是，如果SEC案件在四月之前結束，那麼ETF很有可能在今年晚些時候到達。

The bottom line

底線

What you need to know as an investor is that a very big catalyst is coming within the next 45 days, and it makes XRP a very attractive investment target right now. So keep your powder dry. The lifting of the regulatory clouds over the crypto industry is creating plenty of new investment opportunities with significant upside potential.

作為投資者，您需要知道的是，一個非常大的催化劑將在接下來的45天內出現，這使XRP現在成為非常有吸引力的投資目標。因此，保持粉末乾燥。將監管雲提升到加密貨幣行業正在創造許多具有巨大上升潛力的新投資機會。