隨著 Ripple 取代 BNB 成為市值第五大加密貨幣，XRP 價格即將迎來歷史性回歸

儘管 XRP 是市場上最大的山寨幣之一，但它在過去三年的每次牛市中大多表現不佳。

Ripple's XRP has officially flipped BNB to become the fifth-largest cryptocurrency by market capitalization.

Ripple 的 XRP 已正式取代 BNB，成為以市值計算第五大加密貨幣。

According to CoinGecko, XRP's market cap reached $99 billion on Friday, making it the fifth-largest crypto after BTC, ETH, USDT, and BNB.

根據 CoinGecko 的數據，XRP 的市值週五達到 990 億美元，成為 BTC、ETH、USDT 和 BNB 之後的第五大加密貨幣。

The altcoin is up by more than 230% in November, outperforming all other top cryptocurrencies by a significant margin. XRP is also up by over 1,000% year-to-date.

11 月份，山寨幣的漲幅超過 230%，大幅領先所有其他頂級加密貨幣。今年迄今為止，XRP 也上漲了 1,000% 以上。

Despite being one of the largest altcoins in the market, XRP has mostly underperformed in every bull market throughout the past three years. Ripple's lengthy legal battle with the SEC has significantly impacted the altcoin's market activity.

儘管 XRP 是市場上最大的山寨幣之一，但它在過去三年的每次牛市中大多表現不佳。 Ripple 與 SEC 的漫長法律鬥爭極大地影響了山寨幣的市場活動。

However, long-term holders of the token are finally seeing a potential reward. Donald Trump's re-election and his promise for regulatory clarity have generated notable institutional interest in the token.

然而，代幣的長期持有者終於看到了潛在的回報。唐納德·川普的連任和他對監管透明度的承諾引起了機構對代幣的顯著興趣。

The current SEC chair, Gary Gensler, has been a constant thorn at the sight of Ripple. However, his resignation earlier this month generated optimism that Ripple could finally be out of the SEC's crosshairs.

現任 SEC 主席加里·詹斯勒 (Gary Gensler) 一直是 Ripple 的眼中釘。然而，他本月早些時候的辭職讓人們樂觀地認為 Ripple 最終可能擺脫 SEC 的關注。

This optimism has been reflected in the recent actions of major institutional investors. Last week, WisdomTree, one of the largest global asset managers, filed for an XRP ETF in Delaware.

這種樂觀情緒已經反映在主要機構投資者近期的行動中。上週，全球最大的資產管理公司之一 WisdomTree 在德拉瓦州申請了 XRP ETF。

This was the third ETF application for XRP, as Bitwise and Canary Capital joined the race in October. “Ripple is gearing up for major upgrades to the XRP Ledger, designed to enhance liquidity and draw in institutional investors. This increase in activity could direct hundreds of millions into XRPL tokens, especially in the DeFi sector,” influencer Brett wrote on X (formerly Twitter).

這是 XRP 的第三個 ETF 申請，Bitwise 和 Canary Capital 於 10 月加入了競爭。 「Ripple 正在準備對 XRP 帳本進行重大升級，旨在增強流動性並吸引機構投資者。這種活動的增加可能會引導數億人購買 XRPL 代幣，特別是在 DeFi 領域，」影響者 Brett 在 X（前身為 Twitter）上寫道。

If approved, an XRP ETF would attract more institutional funds to the altcoin and potentially drive its market demand. The same trend happened for BTC, as the approval of Bitcoin ETFs saw soaring institutional demand for the cryptocurrency.

如果獲得批准，XRP ETF 將吸引更多機構資金投資該山寨幣，並有可能推動其市場需求。比特幣也出現了同樣的趨勢，比特幣 ETF 的批准導致機構對加密貨幣的需求飆升。

Most importantly, Trump’s administration will likely provide an optimal regulatory backdrop for cryptocurrencies in 2025. The president-elect has reportedly considered cutting the capital gains tax for all US-based cryptocurrencies, including XRP.

最重要的是，川普政府可能會在 2025 年為加密貨幣提供最佳的監管背景。

It's also important to note that Ripple's CEO, Brad Garlinghouse, has actively donated to Trump's campaign. Furthermore, he recently donated $25 million to the 2026 US midterms, even before Trump's administration begins in January.

另外值得注意的是，Ripple 執行長 Brad Garlinghouse 積極向川普的競選活動捐款。此外，他最近甚至在川普政府於 1 月開始執政之前就為 2026 年美國中期選舉捐贈了 2500 萬美元。

So, we will likely see a very pro-XRP regulatory scene in the US, which will potentially drive the altcoins demand.

因此，我們可能會在美國看到非常支持 XRP 的監管場景，這可能會推動山寨幣的需求。