XRP值得購買嗎？深入了解波紋價格及其在金融生態系統中的作用

最近，波紋價格飆升至每枚硬幣3.39美元的歷史最高高價（ATH），引發了投資者的辯論。

As the Ripple price recently surged to an all-time high (ATH) of $3.39 per coin, heated debates have emerged among investors regarding whether XRP is still worth buying. While some argue that the price has risen sufficiently above its long-term resistance, indicating a favorable time to buy in, others believe waiting for a price dip to more optimal levels could yield better returns. However, beyond these immediate price concerns lies a more fundamental question: is XRP worth buying at all?

隨著連鎖價格最近升至每枚硬幣3.39美元的歷史最高高價，投資者在投資者中出現了激烈的辯論，涉及XRP是否值得購買。儘管有些人認為價格已經足夠高於其長期抵抗力，這表明有利於購買的時間，但另一些人認為等待價格下跌至最佳水平可以產生更好的回報。但是，除了這些直接的價格問題之外，還有一個更根本的問題：XRP是否值得購買？

To answer this question, we need to understand what XRP truly represents and its role in the broader financial ecosystem. XRP is the native coin of the XRP Ledger (XRPL), a decentralized and open-source blockchain network launched in 2012 by Ripple Labs. The primary purpose of XRP is to facilitate cross-border payments, offering a faster and more cost-effective alternative to traditional financial systems.

為了回答這個問題，我們需要了解XRP真正代表的內容及其在更廣泛的金融生態系統中的作用。 XRP是XRP Ledger（XRPL）的本機硬幣，這是Ripple Labs於2012年推出的分散和開源區塊鍊網絡。 XRP的主要目的是促進跨境支付，為傳統金融系統提供更快，更具成本效益的替代方案。

When transferring money between currencies that are not directly traded against each other, the process typically involves converting the first currency into USD and then converting the USD into the second currency. In these situations, XRP serves as a bridge currency, reducing both transaction time and costs.

當在沒有直接交易彼此交易的貨幣之間轉移資金時，該過程通常涉及將第一貨幣轉換為美元，然後將美元轉換為第二貨幣。在這些情況下，XRP用作橋樑貨幣，減少了交易時間和成本。

One of XRP’s key features is its speed and affordability. As of February 2025, the average transaction fee on the XRP Ledger is less than a cent, typically ranging from 0.0025 to 0.0035 XRP per transaction. Transactions are completed in under four seconds, starkly contrasting to the several business days required for traditional wire transfers. This efficiency has made XRP particularly useful in underbanked regions, where it provides greater access to financial services and opportunities for individuals with limited banking options.

XRP的主要特徵之一是其速度和負擔能力。截至2025年2月，XRP Ledger的平均交易費用不到百分之一，通常從0.0025至0.0035 XRP不等。交易在四秒鐘內完成，與傳統電匯所需的幾個工作日形成鮮明對比。這種效率使XRP在債券不足的地區特別有用，在該地區，它為擁有有限的銀行選擇的個人提供了更大的訪問金融服務和機會。

The XRPL operates on a unique consensus mechanism, the Unique Node List (UNL), managed by trusted validators selected by the XRP community. Each transaction is validated by at least 80% of node operators, ensuring a high level of security and reliability within the network. This decentralized approach contrasts with traditional financial systems, which are often criticized for their centralization and slow transaction speeds.

XRPL在獨特的共識機制（獨特的節點列表（UNL））上運行，由XRP社區選擇的受信任驗證器管理。每個交易至少由80％的節點運算符驗證，以確保網絡內的高度安全性和可靠性。這種分散的方法與傳統的金融系統形成鮮明對比，這些金融系統通常因其集中化和慢速交易速度而受到批評。

XRP vs. Traditional Payment Systems

XRP與傳統支付系統

When it comes to competing with traditional payment networks, XRP faces stiff competition from industry giants like VISA and Mastercard.

在與傳統支付網絡競爭時，XRP面臨來自Visa和MasterCard等行業巨頭的激烈競爭。

VISA is the undisputed leader, capable of processing up to 24,000 transactions per second (TPS) under optimal conditions. Mastercard, while considerably smaller, still handles up to 5,000 TPS.

簽證是無可爭議的領導者，能夠在最佳條件下每秒處理多達24,000件交易（TPS）。萬事達卡雖然小得多，但仍可以處理多達5,000 tps。

In comparison, the XRP Ledger can process around 1,500 TPS, a relatively modest number considering the total volume of global payment transactions. This difference in processing power raises questions about XRP’s potential as a global payment solution.

相比之下，XRP分類帳可以處理約1,500 TP，這是一個相對較小的數字，考慮到全球支付交易的總量。處理能力的這種差異引發了有關XRP作為全球支付解決方案的潛力的問題。

XRP as an Investment Asset

XRP作為投資資產

From an investment perspective, XRP presents a unique set of challenges. Its total supply is capped at 100 billion coins, with nearly half of this amount held in escrow by Ripple Labs. While the remaining XRP is available for free circulation, the significant concentration of coins in escrow raises concerns about potential price manipulation and the overall centralization of the asset.

從投資的角度來看，XRP提出了一系列獨特的挑戰。它的總供應限制為1000億個硬幣，其中託管實驗室在託管中持有的近一半。雖然剩餘的XRP可以免費流通，但託管中的硬幣的顯著濃度引起了人們對潛在價格操縱和資產的整體集中化的擔憂。

Despite XRP’s relatively high correlation of 0.8 with Bitcoin and 0.6 with Ether, it still operates in a highly volatile and speculative market. XRP's previous ATH was $3.30 in January 2018, and it took seven years for the price to surpass this peak by just nine cents. This slow rate of appreciation, combined with the continuous release of approximately one billion XRP coins into circulation each month, raises concerns about the asset’s inflation.

儘管XRP與比特幣的相對較高的相關性與比特幣的相對較高，但它仍然在高度揮發性和投機性市場中運作。 XRP以前的ATH在2018年1月為3.30美元，價格花了7年的時間超過了9美分。這種緩慢的升值速度加上每個月循環大約十億個XRP硬幣的連續釋放，這引起了人們對資產通貨膨脹的擔憂。

While Ripple Labs’ regular coin releases are intended to counter inflation, they also create ongoing selling pressure, potentially suppressing any significant long-term price increases.

儘管Ripple Labs的常規硬幣發行旨在應對通貨膨脹，但它們也造成了持續的銷售壓力，可能會抑制任何長期價格上漲。

Despite these challenges, Ripple Labs is a well-established company with growth potential. However, XRP should not be viewed as a traditional wealth-preserving asset, particularly when compared to more established financial instruments or even other cryptocurrencies that offer greater decentralization.

儘管面臨這些挑戰，但Ripple Labs還是一家具有增長潛力的公司。但是，XRP不應被視為傳統的保留財富資產，尤其是與更具成熟的金融工具甚至其他提供更大權力下放的加密貨幣相比。