XRP 是比比特幣或以太幣更好的投資嗎？

加密貨幣市場再次升溫。隨著第四次比特幣 (BTC) 減半已經過去了 7 個月，而且 2024 年的選舉結果對加密貨幣有利，領先的代幣似乎準備再次飆升。

Despite the fourth Bitcoin (BTC -2.56%) halving occurring seven months ago and a crypto-friendly outcome in the 2024 elections, the leading coins are experiencing another skyrocketing surge.

儘管第四次比特幣 (BTC -2.56%) 減半發生在 7 個月前，並且 2024 年選舉的結果對加密貨幣有利，但領先的代幣正在經歷另一次飆升。

With Bitcoin gaining 27% this month and Ethereum (ETH -5.01%) posting a richer gain of 36%, both cryptocurrencies are posting impressive gains.

隨著比特幣本月上漲 27%，以太幣 (ETH -5.01%) 上漲 36%，這兩款加密貨幣都取得了令人印象深刻的漲幅。

However, the biggest names aren’t always the best buys. The XRP (XRP -17.96%) token has soared 136% higher in November. Is XRP a better way to build wealth in the crypto market than Ethereum or Bitcoin?

然而，大牌並不總是最划算的。 XRP (XRP -17.96%) 代幣在 11 月飆升了 136%。 XRP 是比以太幣或比特幣更好的在加密貨幣市場累積財富的方式嗎？

Why Bitcoin and Ethereum Hold More Value Over Time

為什麼比特幣和以太坊隨著時間的推移持有更多的價值

Generally, Bitcoin and Ethereum should have more value than XRP in the long run.

一般來說，從長遠來看，比特幣和以太坊應該比 XRP 更有價值。

Both cryptocurrencies have a first-mover advantage in their respective markets. Bitcoin is the leading cryptocurrency for digital gold, and Ethereum is the top smart contracts platform.

兩種加密貨幣在各自的市場上都具有先發優勢。比特幣是數位黃金的領先加密貨幣，以太坊是頂級的智慧合約平台。

Moreover, both cryptocurrencies have a massive network effect, with thousands of developers, businesses, and users building on their platforms. This creates a virtuous cycle where more activity attracts more participants.

此外，這兩種加密貨幣都具有巨大的網路效應，成千上萬的開發者、企業和用戶在其平台上進行開發。這創造了一個良性循環，更多的活動吸引更多的參與者。

In contrast, XRP is a second-mover in the payments market and a distant third in the cryptocurrency market. Ripple has a strong presence in the payments industry, but XRP is not the only token used by RippleNet.

相較之下，XRP 在支付市場上處於第二位，在加密貨幣市場上則遙遙領先第三位。 Ripple 在支付產業擁有強大的影響力，但 XRP 並不是 RippleNet 使用的唯一代幣。

Furthermore, XRP has no smart contracts capability and is not used for decentralized applications (dapps).

此外，XRP 沒有智慧合約功能，也不用於去中心化應用程式（dapp）。

So, I don't expect XRP to outgrow Ethereum or Bitcoin forever. I suppose it could happen if another cryptocurrency (or some entirely new financial technology) replaces Bitcoin as the leading "digital gold" or if one of the so-called Ethereum killers provides an objectively superior smart contracts platform. That would be bad news for the old crypto kings but not necessarily good for XRP and its investors.

因此，我預計 XRP 的成長不會永遠超過以太幣或比特幣。我認為，如果另一種加密貨幣（或某種全新的金融技術）取代比特幣成為領先的“數位黃金”，或者所謂的以太坊殺手之一提供了客觀上優越的智能合約平台，那麼這種情況就可能發生。這對老牌加密貨幣之王來說是個壞消息，但對 XRP 及其投資者來說卻不一定是好事。

XRP's Evolving Market Position

XRP 不斷變化的市場地位

That being said, XRP has a lot of room to grow before butting heads with Ethereum and Bitcoin. This is the sixth-largest cryptocurrency by total market value today, far behind the giants at the top.

話雖如此，XRP 在與以太坊和比特幣正面交鋒之前還有很大的成長空間。以當今總市值計算，這是第六大加密貨幣，遠遠落後於頂級巨頭。

It would be particularly shocking to see XRP carry a larger market cap than Bitcoin — but it could multiply in value more than 20 times over without raising that question, and I'd have to assume that Bitcoin wasn't rising over the same period:

看到 XRP 的市值比比特幣更大會特別令人震驚——但在不提出這個問題的情況下，它的價值可能會增加 20 倍以上，而且我不得不假設比特幣在同一時期沒有上漲：

Data collected from CoinMarketCap on Nov. 22, 2024.

數據於 2024 年 11 月 22 日從 CoinMarketCap 收集。

Bitcoin aims to replace physical gold as a system for storing financial value. That's about a $14 trillion market today.

比特幣旨在取代實體黃金作為儲存金融價值的系統。如今這個市場規模約為 14 兆美元。

The global volume of border-crossing payments is much larger than that, estimated at approximately $190 trillion a year. But the fees, currency exchange costs, and service expenses associated with these massive money flows are far smaller at $193 billion in 2023.

全球跨境支付量遠大於此，估計每年約 190 兆美元。但與這些巨額資金流動相關的費用、貨幣兌換成本和服務費用要小得多，到 2023 年僅為 1,930 億美元。

So, XRP is aiming for a smaller revenue-generating opportunity. And keep in mind that its RippleNet payment service is known for moving money with minimal fees. So, the token's actual revenue target will be far below the current banking system's share of foreign money transfers.

因此，XRP 的目標是較小的創收機會。請記住，其 RippleNet 支付服務以最低費用轉移資金而聞名。因此，該代幣的實際收入目標將遠低於目前銀行系統在國外匯款的份額。

Still, XRP could easily double or triple in value from here without threatening to surpass Bitcoin's market capitalization. That would be a nice return on investment, especially considering that Bitcoin could also be rising.

儘管如此，XRP 的價值可以輕鬆地從現在增加一倍或三倍，而不會威脅到超過比特幣的市值。這將是一個不錯的投資回報，特別是考慮到比特幣也可能會上漲。

XRP Deserves Your Consideration Alongside Larger Coins

XRP 值得您與更大的硬幣一起考慮

Now you know how XRP's long-term value compares to Bitcoin's and Ethereum's, and I've touched on the limits of this token's target market.

現在您知道 XRP 的長期價值與比特幣和以太坊相比如何，並且我已經觸及了該代幣目標市場的限制。

Bitcoin can clearly fill a role in your portfolio that XRP isn't even trying to address, and the same can be said about Ethereum. A well-rounded cryptocurrency portfolio should have some exposure to the two largest names in this sector.

比特幣顯然可以在您的投資組合中填補 XRP 甚至沒有試圖解決的角色，以太坊也是如此。全面的加密貨幣投資組合應該對該領域的兩個最大的公司有一定的投資。

I'm not saying you should sell your Bitcoin and go all-in on XRP today. Still, the XRP token looks undervalued and has plenty of room for growth in the next few years.

我並不是說你今天應該賣掉你的比特幣並全力買入 XRP。儘管如此，XRP 代幣看起來仍被低估，並且在未來幾年有很大的成長空間。

The legal challenge brought by the U.S. Securities and Exchange Commission four years ago should wrap up in 2025.

美國證券交易委員會四年前提出的法律挑戰預計將於 2025 年結束。