尽管有一系列重大进展，但XRP的价格性能仍然迟钝

尽管取得了一系列的重大进步，但XRP的价格性能仍然迟钝，促使其社区内部进行了审查。

Despite a series of significant advancements, XRP has remained sluggish in price performance, prompting scrutiny within its community. However, one analyst, known as 589Bull, asserts that what appears as market weakness may instead reflect a deliberate tactic designed to deter retail investors while paving the way for institutional entry.

尽管取得了一系列的重大进展，但XRP的价格性能仍然迟钝，引起了社区的审查。但是，一位被称为589bull的分析师断言，看来是市场弱点的可能反映出一种故意的策略，旨在阻止零售投资者，同时为机构进入铺平道路。

Over recent months, XRP has achieved several milestones. However, the token currently trades at $2.09, barely sustaining a key support level. From February to March 2025, it shed nearly 32% of its value, followed by an additional 0.24% drop in April. If losses continue, this quarter will mark the first three-month decline since the prolonged slump of 2022.

近几个月来，XRP取得了几个里程碑。但是，代币目前的交易价格为2.09美元，几乎无法维持关键支持水平。从2025年2月至2025年3月，它占其价值的近32％，随后4月下降了0.24％。如果损失继续下去，本季度将是自2022年长期低迷以来的前三个月下降。

Investor confusion deepens as XRP’s core fundamentals show unprecedented strength. Ripple (CRYPTO:RPL), the blockchain firm driving XRP’s development, recently acquired Hidden Road, a major prime brokerage, in a $1.3 billion transaction. Furthermore, Ripple’s legal drama with the SEC is also nearing resolution, with both sides agreeing to withdraw their appeals—a major step toward clarity.

由于XRP的核心基础表现出前所未有的力量，投资者的困惑加深了。 Ripple（Crypto：RPL）是驾驶XRP开发项目的区块链公司，最近获得了13亿美元的主要经纪人Hidden Road，这是一家主要的主要经纪人。此外，Ripple与SEC的法律戏剧也接近解决，双方都同意撤回其上诉，这是迈向清晰的重要一步。

Institutions Are Quietly Reshaping XRP’s Future

机构正在安静地重塑XRP的未来

589Bull rejects the notion that XRP’s stagnation results from random market behavior. He claims the price drop is a “trap,” not the truth.

589bull拒绝这样的观念，即XRP的停滞是由随机市场行为引起的。他声称价格下降是“陷阱”，不是事实。

Retail investors, he argues, are being misled into perceiving weakness, while the actual dynamics remain concealed from mainstream attention.

他认为，散户投资者正在被误导为感知弱点，而实际的动态仍然被主流关注所掩盖。

“Price is not the truth but the trap,” 589Bull noted.

589bull指出：“价格不是事实，而是陷阱。”

He says while investors focus on daily red candles, institutions are preparing for a major shift. Futures are being structured, banks are moving into distributed ledger systems, ISINs are being assigned, and ETF paperwork is in progress. 589Bull believes that these developments are not meant to benefit average traders right away—at least not until the framework is fully in place.

他说，尽管投资者专注于每日红蜡烛，但机构正在为重大转变做准备。期货正在结构化，银行正在进入分布式分类帐系统，正在分配ISIN，并且正在进行ETF文书工作。 589bull认为，这些发展并不是要立即使普通交易者受益，至少在框架完全到位之前。

The idea, according to the pundit, is that fear needs to dominate first. This keeps everyday investors on the sidelines while institutions prepare for full-scale adoption. He describes “XRP is dead” as “the lie,” and insists the real truth lies in its quiet integration into future financial systems.

根据专家的说法，这个想法是恐惧需要首先占主导地位。这使每天的投资者都在旁观者中，而机构为全面采用做准备。他将“ XRP IS DEAD”描述为“谎言”，并坚持真实的真理在于它安静地融入未来的金融系统。

“XRP is being embedded in the next financial system — but the on-ramp isn’t for you.”

“ XRP被嵌入到下一个金融系统中 - 但坡道不适合您。”

Analyst Urges Patience Over Panic

分析师敦促耐心

In support of this theory, XRP has seen a spike in interest from serious players. Franklin Templeton, Bitwise, and Canary Capital are reportedly pushing ahead with plans to launch spot XRP ETFs in the U.S. A leveraged XRP ETF even made a strong debut, signaling confidence among larger investors in XRP’s future.

为了支持这一理论，XRP引起了认真的玩家的兴趣。据报道，Franklin Templeton，Bitwise和Canary Capital正在推进计划在美国推出XRP ETF的计划，该XRP ETF杠杆率XRP ETF甚至在XRP的未来中发出了强烈的首次亮相，这表明了更大的投资者的信心。

Despite this, the market refuses to reward these signs of progress. Many wonder why the token isn’t gaining momentum. For voices like 589Bull, that’s exactly the point. In his view, the system isn’t broken—it’s just not built for public holders.

尽管如此，市场仍拒绝奖励这些进步迹象。许多人想知道为什么代币不会获得动力。对于像589bull这样的声音，这正是重点。他认为，该系统并没有破坏 - 只是不是为公共持有人建造的。

As 589Bull describes, the goal is to “shake out early investors” so institutional players can take control without resistance.

正如589Bull所描述的那样，目标是“摆脱早期的投资者”，以便机构参与者可以控制而不会抵抗。

589Bull advises traders to avoid chasing hype, demanding exact dates, or reacting emotionally to sudden market shifts. He explains that the real challenge isn’t about perfect timing—it’s about enduring the false narratives long enough to benefit when the truth unfolds. He warns those who react too quickly to price movement might miss the big picture.

589bull建议交易者避免追逐炒作，要求确切的日期或对突然市场转变做出反应。他解释说，真正的挑战不是完美的时机，而是要忍受虚假叙述足够长的时间，以便在事实展开时受益。他警告那些对价格变动太快反应的人可能会错过大局。

“The trick is surviving the lie long enough to cash out on the truth,” he added.Related: El Salvador Signs Agreement with Nvidia to Boost Sovereign AI Initiatives

他补充说：“诀窍是在谎言中生存足够长的时间，可以兑现真相。”