SEC對XRP的舉動引發了一場辯論：現在被認為是商品嗎？

SEC的舉動引發了關於XRP（例如比特幣和以太坊）是否被認為是商品的辯論。但是，該機構尚未

The U.S. Securities and Exchange Commission (SEC) has acknowledged several applications for XRP-linked exchange-traded funds (ETFs), a move that could have a major impact on the regulatory status of the digital asset.

美國證券交易委員會（SEC）已經確認了與XRP鏈接交易所交易基金（ETF）的幾項申請，此舉可能會對數字資產的監管狀況產生重大影響。

According to crypto journalist Eleanor Terrett, the SEC’s handling of XRP ETFs suggests that issuers are treating XRP like a commodity within a securities framework. “They have acknowledged that issuers are applying for a product that classifies XRP as a commodity asset within a securities wrapper,” she noted in a recent social media post.

根據加密記者埃莉諾·特雷特（Eleanor Terrett）的說法，SEC對XRP ETF的處理表明，發行人正在證券框架中將XRP視為商品。她在最近的社交媒體帖子中指出：“他們已經承認，發行人正在申請將XRP歸類為證券包裝中商品資產的產品。”

However, regulatory authorities have yet to provide definitive confirmation regarding XRP’s classification.

但是，監管機構尚未提供有關XRP分類的明確確認。

The regulatory status of XRP has been under scrutiny due to Ripple Labs’ ongoing legal battle with the SEC. The lawsuit, which began in 2020, centers on whether XRP is a security.

由於Ripple Labs與SEC的持續法律鬥爭，XRP的監管狀況受到了審查。該訴訟始於2020年，以XRP是否為安全為中心。

In a landmark ruling last year, a U.S. court determined that XRP is not a security in secondary market transactions, a decision that was seen as a win for the crypto industry.

在去年的一項具有里程碑意義的裁決中，美國法院確定XRP不是二級市場交易中的安全性，這一決定被視為加密行業的勝利。

However, the court also ruled that Ripple's direct institutional sales of XRP constituted unregistered securities offerings, leaving a gray area in its overall classification.

但是，法院還裁定，Ripple的XRP的直接機構銷售構成了未註冊的證券產品，在整體分類中留下了一個灰色區域。

The SEC has since paused additional litigation against Ripple as its crypto task force reassesses regulatory frameworks. Legal experts believe an appeal remains possible, and the case could eventually be reviewed by the U.S. Supreme Following the SEC’s green light for XRP-tied ETFs, trading activity surged. Trading volume rose by 30% within the first hour, with a sudden spike in active addresses that were engaging with the XRP Ledger.

此後，SEC暫停了對Ripple的額外訴訟，因為其加密特遣部隊重新評估了監管框架。法律專家認為，在美國證券交易委員會（SEC）針對XRP綁定的ETF的綠燈之後，美國至高無上的案件最終可能會進行上訴，交易活動激增。交易量在第一個小時內增長了30％，與XRP分類帳接觸的主動地址突然上升。

Exchanges such as Binance and Coinbase experienced high trading, an indication of the high investor demand. The price of XRP also surged to $2.84 on February 15, a 22% increase in five consecutive trading days.

Binance和Coinbase等交易所經歷了很高的交易，這表明了高投資者需求。 2月15日，XRP的價格也飆升至2.84美元，連續五個交易日上漲了22％。

Experts claim that if XRP crosses the $2.80 resistance, it could go to the psychological price of $3.00 or higher. They caution that pressure from sellers could cause the price to trade between $2.60 and $2.80. Some put estimates that if a break to the upside occurs, XRP will probe new all-time highs of $15 to $17 in the longer term.

專家聲稱，如果XRP越過2.80美元的電阻，它可能會達到3.00美元或更高的心理價格。他們警告說，賣方的壓力可能會導致價格在2.60美元至2.80美元之間。一些人認為，如果發生上升空間，XRP將在長遠來看將新的歷史最高高點探測為15至17美元。

The SEC’s treatment of XRP may also influence broader regulatory cases against major crypto exchanges, including Binance and Coinbase.

SEC對XRP的處理也可能影響更廣泛的監管案件，以應對包括二心和共插入在內的主要加密交易所。

Both websites have been under investigation for the sale of unregistered securities, and their court battles have been temporarily stayed by the SEC’s crypto enforcement task force.

這兩個網站都在調查未註冊證券的銷售中，他們的法院鬥爭已由SEC的加密執法工作組暫時保留。

If XRP is ultimately a commodity, it could be a bellwether for how analogous digital assets would be treated.

如果XRP最終是一種商品，那可能是如何處理類似數字資產的領先地。

Market observers believe that the official commodity status for XRP would have a significant impact on its adoption and price trajectory. Some speculate that such a classification could pave the way for institutional investment and push XRP’s valuation beyond $110 in the long term.

市場觀察家認為，XRP的官方商品狀況將對其採用和價格軌跡產生重大影響。一些人推測，這種分類可以為機構投資鋪平道路，並將XRP的估值長期超過110美元。

The recent shift in the SEC stance against crypto regulation has fueled rumors that the agency will abandon its court case against Ripple.

SEC反對加密貨幣法規的近期轉變引發了謠言，該機構將放棄對Ripple的法院案件。

The SEC only recently greenlit 19b-4 filings of Grayscale and 21Shares for XRP spot ETFs, which some view as the agency softening its stance on the digital asset.

SEC直到最近GreenLit 19b-4灰度和21份XRP spot ETF的文件，這是該機構在數字資產上的立場變軟。

Moreover, leadership changes in drama at the SEC, such as the commission’s naming of Mark Uyeda as acting chair and Hester Peirce as head of the new Crypto Task Force, can inform regulatory priorities.

此外，在SEC戲劇的領導力變化，例如委員會將Mark Uyeda命名為代理主席，Hester Peirce擔任新加密特遣部隊的負責人，可以告知監管優先事項。

Legal professionals show that if the SEC withdraws its appeal in the Ripple matter, XRP can experience a sudden price surge, likely reaching more than its previous all-time high of $3.55 and moving towards $4.00.

法律專業人士表明，如果SEC在連鎖反應中提起上訴，XRP可能會出現突然的價格上漲，可能會達到其以前的3.55美元高價，並朝著4.00美元的價格轉移。

Alternatively, if the SEC presses on with the appeal, XRP can experience downward pressure, likely falling to $1.50.

另外，如果SEC推出上訴，XRP可能會遇到向下壓力，可能會降至1.50美元。

XRP’s future remains closely tied to regulatory developments and investor sentiment surrounding ETF approvals. The next major milestone will be the SEC’s final decision on XRP ETFs, which could determine whether the agency officially recognizes the asset as a commodity.

XRP的未來與ETF批准的監管發展和投資者情緒密切相關。下一個主要里程碑將是SEC對XRP ETF的最終決定，該決定可以決定該機構是否正式將資產承認為商品。

While the regulatory landscape remains uncertain, analysts advise investors to monitor legal proceedings and SEC announcements closely. Broader macroeconomic factors, including Federal Reserve policies and global crypto adoption, will also play a role in shaping XRP’s long-term trajectory.

儘管監管格局仍然不確定，但分析師建議投資者密切監視法律程序和SEC的公告。更廣泛的宏觀經濟因素，包括美聯儲政策和全球加密貨幣，也將在塑造XRP的長期軌跡中發揮作用。

For now, the crypto community remains on edge, awaiting the SEC’s next move—and hoping for long-awaited regulatory clarity on XRP’s classification.

就目前而言，加密社區仍然處於邊緣狀態，等待SEC的下一步行動，並希望對XRP的分類有期待已久的監管清晰度。

If you are wondering what crypto to buy now, you might have to wait longer for XRP certainty.

如果您想知道現在要購買什麼加密貨幣，則可能需要等待更長的時間才能確定。