儘管市場疲軟較大，但XRP在第1季度2025年上漲了50％

根據最近的一份報告，儘管加密貨幣市場遲鈍，但XRP XRP/USD在第一季度的第一季度卻保持著紮實的態度。

Despite sluggishness in the broader crypto market, XRP (CRYPTO: XRP) had a strong first quarter, according to a recent report.

根據最近的一份報告，儘管在更廣泛的加密市場中，XRP（加密貨幣：XRP）的第一季度也很強。

What Happened: In its Q1 2025 XRP Markets report, Ripple (NYSE:PI) highlighted key developments and market performance of XRP.

發生了什麼：在其第1季度2025 XRP市場報告中，Ripple（NYSE：PI）強調了XRP的關鍵發展和市場績效。

The token surged by 50% in February, outperforming both Bitcoin (CRYPTO: BTC), which remained flat, and Ethereum (CRYPTO: ETH), which saw a decline.

doken在2月份飆升了50％，比比特幣（Crypto：BTC）保持平坦的比特幣（Crypto：BTC），而以太坊（Crypto：ETH）的表現會下降。

XRP investment products saw inflows of $214 million year-to-date, just $1 million less than the inflows into Ethereum funds globally, showcasing a significant interest from institutions.

XRP投資產品的流入率達到2.14億美元，比全球以太坊資金的流入少100萬美元，這表明了機構的重大興趣。

The average daily volume of spot trading across top-tier exchanges reached $3.2 billion, while XRP/BTC ratios increased by over 10%.

跨頂級交易所的平均每日現貨交易量達到32億美元，而XRP/BTC比率增加了10％以上。

XRP touched $3.40 briefly before the rally slowed, and the realized volatility ranged from 100% to 130%.

XRP在拉力賽放慢速度之前短暫觸摸了$ 3.40，實現的波動率在100％至130％之間。

Binance held the largest share of trading volume at 40%, followed by Upbit with 15% and Coinbase with 12%.

Binance將交易量最大的份額佔40％，其次是UPBIT，佔15％，Coinbase佔12％。

However, on-chain activity slowed down, with new wallets and transactions decreasing by 30–40% quarter-over-quarter, aligning with the broader market slowdown.

但是，鏈活動減慢了，新錢包和交易在四分之一季度的季度下降了30-40％，與更廣泛的市場放緩一致。

Why It Matters: XRP's Q1 rally appears to be driven by accelerating institutional tailwinds: Franklin Templeton filed an S-1 for a U.S. spot XRP ETF.

為什麼重要的是：XRP的Q1拉力賽似乎是由加速的機構尾風驅動的：富蘭克林·鄧普頓（Franklin Templeton）為美國現場XRP ETF提交了S-1。

The CME Group announced its plans for XRP futures and Brazil's regulators approved a dedicated XRP ETF.

CME集團宣布了針對XRP期貨的計劃，巴西的監管機構批准了專用的XRP ETF。

On the legal front, the SEC dropped its appeal in the Ripple case, and Ripple settled with a reduced $50 million penalty, and the court might vacate the earlier injunction.

在法律方面，SEC在Ripple案中撤銷了上訴，Ripple以減少了5000萬美元的罰款，法院可能會撤消較早的禁令。

A pro-crypto shift in the U.S. administration, under President Trump, has also contributed to the positive sentiment, with executive orders and new appointments aiming for market-friendly regulation.

在特朗普總統領導下的美國政府的親克萊托普托轉變也促成了積極的情緒，執行命令和新任命旨在進行市場友好的監管。

Ripple also completed a major acquisition, purchasing Hidden Road for $1.25 billion to expand institutional RLUSD and XRP Ledger use cases.

Ripple還完成了一次重大收購，以12.5億美元的價格購買了隱藏的道路，以擴大機構RLUSD和XRP Ledger用例。