XRP和PI集会，分别上涨8.83％和6.5％

加密货币市场正在显示恢复的早期迹象，Ripple的XRP（XRP）上涨了8.83％，PI Network的PI（PI）代币在周三上涨6.5％

The crypto market is showing early signs of recovery, with Ripple’s XRP (XRP) up 8.83% and Pi Network’s PI (PI) token seeing a gain of 6.5% on Wednesday, as Bitcoin (BTC) continues its climb toward the $95,000 level.

加密货币市场正在显示早期恢复的迹象，Ripple的XRP（XRP）上涨了8.83％，PI Network的PI（PI）代币在周三的增长率为6.5％，因为比特币（BTC）继续攀升至95,000美元的水平。

Part of the renewed attention around XRP may relate to recent comments from Teucrium CEO Sal Gilbertie, who spoke with Bloomberg about the token’s real-world applications.

XRP围绕XRP的重新关注的一部分可能与Teucrium首席执行官Sal Gilbertie的最新评论有关，后者与彭博社（Bloomberg）谈到了令牌现实世界中的应用。

Calling XRP a coin with the “most utility out there,” Gilbertie contrasted it with Bitcoin, which he described as more of a store of value.

吉尔伯蒂（Gilbertie）将XRP称为“大多数实用程序”的硬币与比特币形成鲜明对比，他将其描述为更多的价值存储。

“I think what's interesting is that if you look at the coins that have the most utility, they're not necessarily the coins that people are most focused on,” Gilbertie said.

吉尔伯蒂说：“我认为有趣的是，如果您看一下拥有最多实用性的硬币，它们不一定是人们最关注的硬币。”

He continued by contrasting XRP with BTC, stating that the latter is "more of a store of value," while the former has "more of a use case."

他继续将XRP与BTC进行对比，并指出后者是“更多的价值存储”，而前者则具有“更多的用例”。

“It's a coin that people are focused on, but if you're looking at pure utility, I think XRP has the most utility out there, and I think the team acts like investment bankers.”

“这是人们专注于的硬币，但是如果您正在研究纯公用事业，我认为XRP拥有最多的公用事业，我认为团队的行为就像投资银行家一样。”

As of press time, XRP is up 8.58% and trading at $2.27 in the XRP/USDT pair, according to the crypto.news price tracking page.

根据Crypto.news价格跟踪页面，截至发稿时，XRP上涨了8.58％，XRP/USDT的交易价格为2.27美元。

Gilbertie's comments come as his firm is preparing to launch a 2X Leveraged XRP ETF, a move that may explain the timing of his praise. While it's unclear how much weight his remarks carried in driving the price, they align with a broader narrative emphasizing XRP's potential beyond trading.

吉尔伯蒂（Gilbertie）的评论是因为他的公司准备发行2倍杠杆的XRP ETF，这一举动可以解释他赞美的时机。虽然目前尚不清楚他的言论在推动价格方面带来了多大的重视，但他们与更广泛的叙述相吻合，强调了XRP超越交易的潜力。

Meanwhile, Pi Network's PI token continues its migration efforts, which may be fueling optimism around the token. The network is in the process of moving users to its open mainnet. According to Pi Network's blog announcement, over 12 million users have completed migration thus far.

同时，PI Network的PI代币继续其移民工作，这可能会激发令牌周围的乐观情绪。该网络正在将用户转移到其开放的内网络。根据PI Network的博客公告，到目前为止，超过1200万用户已经完成了迁移。

Amid the news, the price of PI in the PI/USDT trading pair jumped 6.5% to $0.66.

在新闻中，PI/USDT交易对中PI的价格跃升了6.5％，至0.66美元。

$BTC has now broken the Short-Term Holder realized price, or cost basis. Recently, we have highlighted this level as a benchmark for market sentiment and positioning. A sustained move above it often signals renewed confidence and can act as a springboard for further upside. Recently, the price action has also seen a strong break above the 200-week MA. This is a bullish indicator that suggests the long-term trend is shifting in favor of the bulls. Finally, the total supply in exchange wallets has dropped to its lowest point since 2022. This decrease in exchange reserves might indicate less selling pressure and potential bullish momentum. As a result, if the buyers can maintain control and push higher, we could witness a continuation of the uptrend with a target of $95,000 in sight. A sustained move below the Short-Term Holder realized price at around $78,000 or the 200-week MA at $74,000 could stall the uptrend and decrease optimism among the bulls.

$ BTC现在已经打破了短期持有人实现的价格或成本基础。最近，我们强调了这一水平是市场情绪和定位的基准。持续的移动通常表明增强了信心，并可以充当跳板以进行进一步的上升空间。最近，价格行动还超过了200周的MA。这是一个看涨的指标，表明长期趋势正在转移，而转移了公牛。最后，交换钱包中的总供应已下降到2022年以来的最低点。交换储备中的减少可能表明销售压力和潜在的看涨势头。结果，如果买家能够保持控制和推动更高，我们可以目睹上升趋势的延续，目标是95,000美元。低于短期持有人的持续移动的价格为78,000美元左右，或者200周的MA（74,000美元）可能会使上升趋势停滞不前，并减少公牛的乐观情绪。

Bitcoin’s recent momentum may also be supporting sentiment across the market. As Glassnode analysts pointed out in an X post, BTC has now broken above the short-term holder realized price, which is often used as a key market sentiment benchmark. If Bitcoin stays above this level, it could signal renewed confidence and pave the way for further gains.

比特币最近的势头也可能支持整个市场上的情绪。正如GlassNode分析师在X帖子中指出的那样，BTC现在已经超过了短期持有人实现的价格，该价格通常被用作关键市场情感基准。如果比特币停留在此水平上，它可能会标志着新的信心，并为进一步的收益铺平道路。