領先的資產經理WisdomTree檢查了XRP必須增加多少才能超越比特幣

在報告中，領先的資產經理WisdomTree在管理中擁有超過1,160億美元的資產，分析了比特幣和XRP的優勢，角色和市場表現

Leading asset manager WisdomTree examined how much XRP has to grow to overtake Bitcoin in one of its crypto comparison reports.

領先的資產經理WisdomTree研究了在其加密比較報告之一中必須增加XRP才能超過比特幣。

The report, by WisdomTree, an asset manager firm with over $116 billion in assets under management, analyzed the strengths, roles, and market performances of Bitcoin and XRP, two prominent crypto assets.

該報告由一家資產管理公司WisdomTree管理超過1,160億美元管理，分析了兩個著名的加密資產的比特幣和XRP的優勢，角色和市場表現。

The report comes shortly after WisdomTree filed with the U.S. SEC for a spot XRP ETF. Notably, the firm already operates the WisdomTree Bitcoin Fund (BTCW). However, the ETF has seen modest traction with $37 million in net inflows since 2024, lagging behind its peers.

該報告不久之後，WisdomTree向美國SEC提交了XRP ETF。值得注意的是，該公司已經經營WisdomTree Bitcoin Fund（BTCW）。但是，自2024年以來，ETF的淨流入量為3,700萬美元，落後於同齡人。

XRP Compared to Bitcoin

XRP與比特幣相比

The WisdomTree report delved into the different purposes both Bitcoin and XRP serve within the crypto space.

WisdomTree報告深入研究了比特幣和XRP在加密貨幣空間內的服務。

According to the firm, Bitcoin, introduced in 2009 by Satoshi Nakamoto, remains the dominant crypto asset, holding over half of the total market cap. It has secured its position as a digital store of value, sometimes compared to gold, and is being adopted by institutions seeking portfolio diversification.

根據該公司的說法，Nakamoto Satoshi於2009年推出的比特幣仍然是主要的加密資產，佔市值的一半以上。它已確保其作為價值數字存儲的地位，有時與黃金相比，並被尋求投資組合多元化的機構採用。

In contrast, XRP was designed with a different mission. WisdomTree explained that XRP aims to improve cross-border financial transactions by increasing efficiency and speed. Unlike Bitcoin’s use case as a hedge against inflation, XRP’s value lies in its real-world utility for financial institutions.

相比之下，XRP的設計具有不同的任務。 WisdomTree解釋說，XRP旨在通過提高效率和速度來改善跨境財務交易。與比特幣的用例作為抵抗通貨膨脹的對沖，XRP的價值在於其對金融機構的現實世界實用程序。

The report highlighted the integration of Ripple’s On-Demand Liquidity service by Tranglo, enabling instant cross-border payments without pre-funded accounts. WisdomTree noted that this example showcases XRP’s potential to enhance global payment systems.

該報告強調了Tranglo的Ripple按需流動性服務的整合，從而實現了無需預先資助的帳戶即時的跨境支付。 WisdomTree指出，此示例展示了XRP增強全球支付系統的潛力。

How Much Must XRP Grow to Challenge Bitcoin

XRP必須增長多少才能挑戰比特幣

Despite its strong utility, XRP’s market valuation is far lower than Bitcoin’s. At the time of the report, Bitcoin had a market cap of $1.9 trillion, while XRP’s valuation stood at $83 billion.

儘管XRP的市場估值很強，但遠低於比特幣的市場估值。在報告時，比特幣的市值為1.9萬億美元，而XRP的估值為830億美元。

WisdomTree highlighted this large gap and pointed out that for XRP to match Bitcoin’s valuation, its price would need to increase more than twentyfold. Specifically, at the time, XRP’s price would have to increase by 22.9 times to surpass Bitcoin’s market cap.

WisdomTree強調了這一較大的差距，並指出，要使XRP匹配比特幣的估值，其價格將需要上漲二十倍以上。具體來說，當時，XRP的價格必須提高22.9倍才能超過比特幣的市值。

This figure has since changed, with Bitcoin now boasting a market cap of $2.037 trillion, while XRP’s valuation stands at $145.6 billion at press time. At the current positions, XRP only needs to increase by a lower 14x to catch up to Bitcoin. This is a result of XRP gaining over Bitcoin since December 2024.

此後，這個數字發生了變化，現在比特幣的市值為203.7萬億美元，而XRP的估值為1456億美元。在當前位置，XRP只需要增加14倍即可趕到比特幣。這是XRP自2024年12月以來獲得比特幣的結果。

With XRP currently changing hands at $2.49, a 14x price increase would lead to $34.86. Interestingly, analysts at Sistine Research believe XRP has the potential to reach $33 to $50 this cycle.

XRP目前以2.49美元的價格易手，14倍的價格將導致34.86美元。有趣的是，Sistine Research的分析師認為，XRP有可能在本週期達到33至50美元。

Last August, analyst Bobby A suggested XRP could hit $33. However, Telegaon analysts only see XRP claiming the $30 range by 2029, four years later. Notably, by the time XRP claims this mark, Bitcoin will likely have soared past the current $2 trillion valuation.

去年八月，分析師鮑比（Bobby A）建議XRP可能達到33美元。但是，Telegaon分析師只會看到XRP在四年後到2029年索賠30美元。值得注意的是，到XRP聲稱這一標記時，比特幣可能已經超過了當前的2萬億美元估值。

WisdomTree Compares XRP and Bitcoin Supply Mechanisms and TPS

WisdomTree比較XRP和比特幣供應機制和TPS

Meanwhile, in its report, WisdomTree categorized both XRP and Bitcoin as Layer-1 payment cryptos but highlighted their contrasting appeal.

同時，在其報告中，WisdomTree將XRP和比特幣歸類為第1層付款加密貨幣，但強調了它們的對比吸引力。

Bitcoin appeals with scarcity, boasting a hard-capped supply of 21 million coins and a decentralized architecture. In contrast, XRP appeals to institutions, presenting fast and cost-effective solutions for cross-border liquidity management.

比特幣的吸引力稀缺，擁有2100萬枚硬幣的硬盤供應和分散的建築。相比之下，XRP吸引了機構，為跨境流動性管理提供了快速且具有成本效益的解決方案。

Major element of XRP’s long-term proposition is its deflationary supply mechanism. As reported by WisdomTree, every transaction on the XRP Ledger burns a small amount of XRP, permanently reducing the total supply. This gradual decrease sets it apart from Bitcoin’s static supply.

XRP長期命題的主要要素是其放流供應機制。據WisdomTree報導，XRP Ledger上的每筆交易都會燃燒少量的XRP，從而永久減少總供應。這種逐漸減少使它與比特幣的靜態供應區分開來。

The report also touched upon performance metrics, especially transaction speeds. XRP’s network can handle up to 1,500 transactions per second, settling in just a few seconds. In comparison, Bitcoin processes roughly seven transactions per second, with settlement often taking several minutes.

該報告還涉及性能指標，尤其是交易速度。 XRP的網絡每秒最多可以處理1,500件交易，僅在幾秒鐘內解決。相比之下，比特幣的過程大約每秒七筆交易，而定居點通常需要幾分鐘。

Notably, WisdomTree argued that XRP would need a dramatic transformation to challenge Bitcoin’s market dominance. Major drivers would include wider adoption of XRP for remittances and payments, regulatory clarity that invites institutional investment, and the expansion of use cases.

值得注意的是，WisdomTree認為XRP將需要戲劇性的轉型來挑戰比特幣的市場優勢。主要驅動力將包括更廣泛的XRP用於匯款和付款，邀請機構投資的監管清晰度以及擴大用例。