XRP 是比比特币或以太坊更好的投资吗？

加密货币市场再次升温。随着第四次比特币 (BTC) 减半已经过去了 7 个月，而且 2024 年的选举结果对加密货币有利，领先的代币似乎准备再次飙升。

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.

尽管第四次比特币 (BTC -2.56%) 减半发生在 7 个月前，并且 2024 年选举的结果对加密货币有利，但领先的代币正在经历另一次飙升。

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

随着比特币本月上涨 27%，以太坊 (ETH -5.01%) 上涨 36%，这两种加密货币都取得了令人印象深刻的涨幅。

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，大牌并不总是最划算的。 XRP (XRP -17.96%) 代币在 11 月份飙升了 136%。 XRP 是比以太坊或比特币更好的在加密货币市场积累财富的方式吗？

Why Bitcoin and Ethereum Hold More Value Over Time

为什么比特币和以太坊随着时间的推移持有更多的价值

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

一般来说，从长远来看，比特币和以太坊应该比 XRP 更有价值。

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.

两种加密货币在各自的市场上都具有先发优势。比特币是数字黄金的领先加密货币，以太坊是顶级的智能合约平台。

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，这两种加密货币都具有巨大的网络效应，成千上万的开发者、企业和用户在其平台上进行构建。这创造了一个良性循环，更多的活动吸引更多的参与者。

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.

相比之下，XRP 在支付市场上处于第二位，在加密货币市场上则遥遥领先于第三位。 Ripple 在支付行业拥有强大的影响力，但 XRP 并不是 RippleNet 使用的唯一代币。

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

此外，XRP 没有智能合约功能，也不用于去中心化应用程序（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，我预计 XRP 的增长不会永远超过以太坊或比特币。我认为，如果另一种加密货币（或某种全新的金融技术）取代比特币成为领先的“数字黄金”，或者所谓的以太坊杀手之一提供了客观上优越的智能合约平台，那么这种情况就可能发生。这对于老牌加密货币之王来说是个坏消息，但对 XRP 及其投资者来说却不一定是好事。

XRP's Evolving Market Position

XRP 不断变化的市场地位

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.

话虽如此，XRP 在与以太坊和比特币正面交锋之前还有很大的增长空间。按当今总市值计算，这是第六大加密货币，远远落后于顶级巨头。

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 的市值比比特币更大会特别令人震惊——但在不提出这个问题的情况下，它的价值可能会增加 20 倍以上，而且我不得不假设比特币在同一时期没有上涨：

Data collected from CoinMarketCap on Nov. 22, 2024.

数据于 2024 年 11 月 22 日从 CoinMarketCap 收集。

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

比特币旨在取代实物黄金作为存储金融价值的系统。如今这个市场规模约为 14 万亿美元。

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.

全球跨境支付量远大于此，估计每年约为 190 万亿美元。但与这些巨额资金流动相关的费用、货币兑换成本和服务费用要小得多，到 2023 年仅为 1,930 亿美元。

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 的目标是较小的创收机会。请记住，其 RippleNet 支付服务以最低费用转移资金而闻名。因此，该代币的实际收入目标将远远低于当前银行系统在国外汇款中的份额。

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.

尽管如此，XRP 的价值可以轻松地从现在增加一倍或三倍，而不会威胁到超过比特币的市值。这将是一个不错的投资回报，特别是考虑到比特币也可能上涨。

XRP Deserves Your Consideration Alongside Larger Coins

XRP 值得您与更大的硬币一起考虑

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.

现在您知道 XRP 的长期价值与比特币和以太坊相比如何，并且我已经触及了该代币目标市场的限制。

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.

比特币显然可以在您的投资组合中填补 XRP 甚至没有试图解决的角色，以太坊也是如此。全面的加密货币投资组合应该对该领域的两个最大的公司有一定的投资。

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.

我并不是说你今天应该卖掉你的比特币并全力买入 XRP。尽管如此，XRP 代币看起来仍被低估，并且在未来几年有很大的增长空间。

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

美国证券交易委员会四年前提出的法律挑战预计将于 2025 年结束。