2025 年 XRP 的表現會超越比特幣嗎？探索 XRP（瑞波幣）的潛力

事實證明，2024 年對加密貨幣投資者來說是非凡的一年。目前，所有加密貨幣的總價值已達到驚人的 3.5 兆美元，到 2023 年底，其總價值將增加一倍以上。

With cryptocurrency markets experiencing a banner year in 2024, thanks to a collective value surpassing $3.5 trillion, investors are buzzing with anticipation for what lies ahead in 2025. Among the standout performers, XRP (CRYPTO: XRP) has garnered attention with a 250% gain year-to-date. But will XRP outshine Bitcoin (CRYPTO: BTC) in 2025? Let's delve into the factors at play.

加密貨幣市場在2024 年經歷了輝煌的一年，總價值超過3.5 兆美元，投資者對2025 年的前景充滿期待。引起了人們的注意。但 XRP 會在 2025 年超越比特幣（CRYPTO：BTC）嗎？讓我們深入研究一下起作用的因素。

Ripple, the company behind XRP, aims to revolutionize global banking with its Ripple Payments network. This platform allows financial institutions to communicate directly and settle transactions instantly, irrespective of their existing infrastructure. Ripple has also introduced XRP as a crypto token to standardize transactions on this network.

Ripple 是 XRP 背後的公司，旨在透過其 Ripple 支付網路徹底改變全球銀行業。該平台允許金融機構直接溝通並立即結算交易，無論其現有基礎設施如何。 Ripple 還引入了 XRP 作為加密代幣，以標準化該網路上的交易。

For instance, an American bank could transfer XRP to a Japanese bank instead of USD, avoiding currency exchange fees and reducing transaction costs. The banks can then convert XRP into their preferred fiat currencies independently.

例如，美國銀行可以將 XRP 而不是美元轉移到日本銀行，從而避免貨幣兌換費用並降低交易成本。然後，銀行可以獨立地將 XRP 轉換為其首選的法定貨幣。

There are 100 billion XRP tokens in existence, with 57 billion currently in circulation. Ripple controls the remaining 43 billion, releasing up to 1 billion tokens monthly to cater to institutional demand. In 2020, the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Ripple, asserting that XRP should be classified as a security, a move that would subject its distribution and Ripple's operations to stringent regulations.

現有 1000 億個 XRP 代幣，目前流通中的有 570 億個。 Ripple 控制著剩餘的 430 億枚代幣，每月發行多達 10 億枚代幣以滿足機構需求。 2020年，美國證券交易委員會（SEC）對Ripple提起訴訟，聲稱XRP應被歸類為證券，此舉將使其分銷和Ripple的營運受到嚴格的監管。

The lawsuit saw partial resolution in August 2024, with Ripple incurring a $125 million fine. The court ruled that XRP was a security only under specific circumstances, such as institutional sales, but not when traded on exchanges or used for transactions. The SEC has since appealed the court's decision.

該訴訟於 2024 年 8 月部分解決，Ripple 被處以 1.25 億美元罰款。法院裁定 XRP 僅在特定情況下才是證券，例如機構銷售，但在交易所交易或用於交易時則不是證券。此後，美國證券交易委員會對法院的裁決提出上訴。

With President-Elect Trump nominating cryptocurrency advocate Paul Atkins to lead the SEC (subject to Senate confirmation), investors are hopeful that Ripple's legal challenges may ease after the new administration assumes office on January 20.

隨著當選總統川普提名加密貨幣倡導者保羅·阿特金斯(Paul Atkins) 領導SEC（需經參議院確認），投資者希望新政府於1 月20 日上任後，Ripple 的法律挑戰可能會有所緩解。

Most of XRP's gains this year came post the November 5th election. However, trading at $2.21 currently, XRP is still below its all-time high of $3.40 reached in 2018. While there's potential for growth in 2025, investors should approach XRP with caution due to its speculative nature.

XRP 今年的大部分漲幅都是在 11 月 5 日大選之後發生的。然而，XRP 目前的交易價格為 2.21 美元，仍低於 2018 年創下的歷史高點 3.40 美元。

Operating independently of any central authority or company, Bitcoin has a limited supply of 21 million Bitcoins, out of which 19.8 million are already in circulation. The final Bitcoin is set to be mined by 2140.

比特幣獨立於任何中央機構或公司運作，其供應量有限，為 2,100 萬枚，其中 1,980 萬枚已在流通。最終的比特幣將於 2140 年開採。

Unlike Ripple, which faces regulatory challenges, Bitcoin has seen several SEC-approved Bitcoin ETFs this year, enabling easier and regulated investment by financial advisors and institutional investors. Currently, the Bitcoin ETF market boasts assets exceeding $110 billion, indicating robust demand.

與面臨監管挑戰的 Ripple 不同，比特幣今年已經出現了幾隻獲得 SEC 批准的比特幣 ETF，這使得財務顧問和機構投資者的投資變得更加容易和受監管。目前，比特幣ETF市場資產規模超過1,100億美元，需求強勁。

Bitcoin's value has seen consistent increases, reaching new highs with occasional significant price corrections. Its limited supply and decentralized nature contribute to its appeal as a digital store of value.

比特幣的價值持續上漲，達到新高，偶爾出現重大價格調整。其有限的供應和去中心化的性質增強了其作為數位價值儲存的吸引力。

Some experts compare Bitcoin to a digital form of gold. If Bitcoin's market cap were to reach the current total value of all gold reserves ($17.7 trillion), its price would need to increase by 831%, leading to a price of approximately $893,000 per Bitcoin.

一些專家將比特幣比作數位形式的黃金。如果比特幣的市值要達到當前所有黃金儲備的總價值（17.7 兆美元），其價格將需要上漲 831%，導致每個比特幣的價格約為 893,000 美元。

Michael Saylor, co-founder of MicroStrategy which holds over 439,000 Bitcoins, predicts a potential rise to $13 million per Bitcoin by 2045, anticipating broad adoption following potential U.S. regulatory changes. However, this forecast is highly optimistic, especially considering it would represent a value nearly nine times the entire U.S. economy in 2023.

MicroStrategy 持有超過439,000 枚比特幣，其聯合創始人Michael Saylor 預測，到2045 年，每枚比特幣的價格可能會上漲至1300 萬美元，並預計在美國監管可能發生變化後，比特幣將得到廣泛採用。然而，這項預測非常樂觀，特別是考慮到 2023 年其價值將接近美國整體經濟的九倍。

Although Ripple Payments is a groundbreaking network, banks are not obligated to use XRP for transactions, which implies that the success of Ripple Payments doesn't necessarily translate to increased XRP value. Investing in XRP remains highly speculative, and its price trajectory is largely unpredictable.

儘管 Ripple Payments 是一個突破性的網絡，但銀行沒有義務使用 XRP 進行交易，這意味著 Ripple Payments 的成功並不一定會轉化為 XRP 價值的增加。投資瑞波幣仍然具有高度投機性，其價格走勢在很大程度上是不可預測的。

While Bitcoin is also speculative, it has consistently shown its ability to retain value. Coupled with the SEC's approval and the proliferation of Bitcoin ETFs, Bitcoin presents a more reliable investment for potential appreciation in 2025 compared to XRP.

雖然比特幣也具有投機性，但它始終表現出其保值能力。再加上 SEC 的批准以及比特幣 ETF 的激增，與 XRP 相比，比特幣在 2025 年的潛在升值潛力方面是一種更可靠的投資。