随着 Ripple 取代 BNB 成为市值第五大加密货币，XRP 价格即将迎来历史性回归

尽管 XRP 是市场上最大的山寨币之一，但它在过去三年的每次牛市中大多表现不佳。

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，成为按市值计算第五大加密货币。

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

根据 CoinGecko 的数据，XRP 的市值周五达到 990 亿美元，成为继 BTC、ETH、USDT 和 BNB 之后的第五大加密货币。

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，山寨币的涨幅超过 230%，大幅领先于所有其他顶级加密货币。今年迄今为止，XRP 也上涨了 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.

尽管 XRP 是市场上最大的山寨币之一，但它在过去三年的每次牛市中大多表现不佳。 Ripple 与 SEC 的漫长法律斗争极大地影响了山寨币的市场活动。

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，代币的长期持有者终于看到了潜在的回报。唐纳德·特朗普的连任和他对监管透明度的承诺引起了机构对代币的显着兴趣。

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.

现任 SEC 主席加里·詹斯勒 (Gary Gensler) 一直是 Ripple 的眼中钉。然而，他本月早些时候的辞职让人们乐观地认为 Ripple 最终可能摆脱 SEC 的关注。

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.

这种乐观情绪已经反映在主要机构投资者近期的行动中。上周，全球最大的资产管理公司之一 WisdomTree 在特拉华州申请了 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).

这是 XRP 的第三个 ETF 申请，Bitwise 和 Canary Capital 于 10 月份加入了竞争。 “Ripple 正在准备对 XRP 账本进行重大升级，旨在增强流动性并吸引机构投资者。这种活动的增加可能会引导数亿人购买 XRPL 代币，特别是在 DeFi 领域，”影响者 Brett 在 X（前身为 Twitter）上写道。

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.

如果获得批准，XRP ETF 将吸引更多机构资金投资该山寨币，并有可能推动其市场需求。比特币也出现了同样的趋势，比特币 ETF 的批准导致机构对加密货币的需求飙升。

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，特朗普政府可能会在 2025 年为加密货币提供最佳的监管背景。据报道，当选总统已考虑削减所有美国加密货币（包括 XRP）的资本利得税。

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.

还值得注意的是，Ripple 首席执行官布拉德·加林豪斯 (Brad Garlinghouse) 积极向特朗普的竞选活动捐款。此外，他最近甚至在特朗普政府于 1 月份开始执政之前就为 2026 年美国中期选举捐赠了 2500 万美元。

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

因此，我们可能会在美国看到非常支持 XRP 的监管场景，这可能会推动山寨币的需求。