令牌速度可能是XRP繼續表現不佳的原因

儘管最近幾週的收益適中，但相對於其他主要加密貨幣，XRP的表現仍不足以表現不佳，從而促使社區內部的分析重新分析。

Despite moderate gains in recent weeks, XRP continues to underperform relative to other major cryptocurrencies, prompting renewed analysis from within the community. One prominent XRP-focused commentator has suggested that a key factor, token velocity, could be explaining the asset’s lagging price movement.

儘管最近幾週的收益適中，但相對於其他主要加密貨幣，XRP的表現仍不足以表現不佳，從而促使社區內部的分析重新分析。一位著名的以XRP為重點的評論員建議，令牌速度的關鍵因素可能是解釋資產的滯後價格轉移。

While leading cryptocurrencies like Bitcoin and Ethereum have delivered significant returns over the past month, XRP’s growth has been notably slower. Bitcoin has gained approximately 17%, climbing above the $110,000 mark. Ethereum has seen an even steeper increase, rising nearly 50% to approach $2,700. In comparison, XRP has only recorded a 9% uptick and remains confined to the lower $2 range.

儘管比特幣和以太坊等領先的加密貨幣在過去一個月中獲得了可觀的回報，但XRP的增長顯著較慢。比特幣的增長約為17％，攀升至110,000美元。以太坊的增長幅度更高，近50％升至2,700美元。相比之下，XRP僅記錄了9％的上升，並且仍然局限於較低的2美元範圍。

Although any upward movement can be viewed positively, some XRP holders have become frustrated with the asset’s limited progress, especially after the sharp price surge seen between November 2024 and January 2025.

儘管可以積極看待任何向上的移動，但一些XRP持有人對資產的進度有限感到沮喪，尤其是在2024年11月至2025年1月之間的急劇價格上漲之後。

Analyst Attributes XRP’s Price Stagnation to Token Velocity

分析師將XRP的價格停滯歸因於令牌速度

According to the operator of the “All Things XRP” account on X, a potential reason behind the subdued price performance lies in XRP’s high token velocity. The analyst believes that many investors are unfamiliar with the concept and how it affects the token’s market behavior.

根據X上“萬物XRP”帳戶的運營商的說法，柔和的價格性能背後的一個潛在原因在於XRP的高令牌速度。分析師認為，許多投資者不熟悉該概念及其如何影響令牌市場行為。

🚨 74.1% OF XRP INVESTORS DON'T KNOW WHAT "TOKEN VELOCITY" IS.

🚨XRP投資者中有74.1％不知道“令牌速度”是什麼。

And it could be the real reason XRP struggles to moon.

這可能是XRP掙扎在月球上的真正原因。

If you hold XRP, you NEED to understand this.

如果您持有XRP，則需要了解這一點。

Here’s the breakdown. 🧵👇 pic.twitter.com/3wcgJv0tRJ

這是故障。 🧵👇pic.twitter.com/3wcgjv0trj

— All Things XRP (@XRP_investing) April 27, 2025

- 所有事物XRP（@xrp_investing）2025年4月27日

Token velocity is an economic metric that measures how frequently a digital asset changes hands over a specific period. It is typically calculated by dividing the total transaction volume by the circulating supply. A high velocity suggests that the asset is actively traded, while a lower value indicates that holders are more inclined to retain it.

令牌速度是一種經濟指標，可衡量數字資產在特定時期內變化的頻率。它通常是通過將總交易量除以循環供應來計算的。高速度表明該資產是積極交易的，而較低的價值表明持有人更傾向於保留它。

The analyst argued that a higher velocity exerts downward pressure on price because it implies frequent selling activity. When more holders are willing to retain their tokens rather than trade them, supply becomes constrained, which can support upward price movement.

分析師認為，較高的速度對價格施加向下壓力，因為這意味著頻繁的銷售活動。當更多的持有人願意保留其令牌而不是交易它們時，供應就會受到限制，這可以支持向上的價格變動。

XRP’s Function in the Payments Sector Fuels High Velocity

XRP在付款領域的功能燃料高速度

XRP’s design contributes directly to its high velocity. Built for speed and cost-efficiency, the XRP Ledger was intended to facilitate fast transactions, especially within cross-border payments. Many institutions using Ripple’s solutions, such as banks and remittance providers, typically purchase XRP to process transactions and then sell it shortly after.

XRP的設計直接導致其高速度。 XRP Ledger為速度和成本效率而建，旨在促進快速交易，尤其是在跨境支付中。許多使用Ripple解決方案（例如銀行和匯款提供商）的機構通常購買XRP來處理交易，然後不久之後出售。

This transactional behaviour differs from Bitcoin, which is often viewed as a long-term investment, or Ethereum, which benefits from staking and decentralized finance activity that encourages holding. By contrast, XRP’s use in rapid payment settlements keeps it in continuous circulation.

這種交易行為與比特幣不同，比特幣通常被視為長期投資或以太坊，這受益於鼓勵持有的積分和分散的金融活動。相比之下，XRP在快速支付和解中的使用使其保持連續流通。

Adding to this dynamic are periodic token releases from Ripple’s escrow, which further increase the circulating supply and sustain high transaction volumes.

除此動態外，還來自Ripple託管的周期性令牌釋放，這進一步增加了循環供應並維持高交易量。

Exploring Strategies to Reduce Velocity and Drive Value

探索降低速度和驅動價值的策略

To address this challenge, the analyst proposed several ideas aimed at decreasing token velocity and encouraging longer-term holding. One approach involves implementing staking rewards on the XRP Ledger. This would provide holders with incentives to lock up their tokens, reducing market supply and potentially supporting price increases.

為了應對這一挑戰，分析師提出了一些旨在降低令牌速度並鼓勵長期持有的想法。一種方法涉及在XRP分類帳上實施訂婚獎勵。這將為持有人提供鎖定代幣，減少市場供應並潛在支持價格上漲的激勵措施。

The analyst emphasized, however, that staking alone may not be sufficient. He pointed to the tokenization of real-world assets, such as property, commodities, and private equity, as a more impactful development. By using XRP in tokenization processes that require extended holding periods, velocity could be reduced, thereby enhancing scarcity and potentially driving price appreciation.

然而，分析師強調，僅放入可能就不夠。他指出，現實世界中的財產，商品和私募股權等現實資產的令牌化是一種更具影響力的發展。通過在需要延長固定週期的令牌化過程中使用XRP，可以降低速度，從而增強稀缺性並潛在地推動價格升值。

He also cautioned against the assumption that XRP’s role in payments alone will significantly increase its value. While the asset performs well in transaction processing, he argued that broader adoption through tokenization would provide a more sustainable and scalable source of demand.

他還警告說，假設XRP在付款中的作用將大大提高其價值。儘管資產在交易處理方面表現良好，但他認為，通過令牌化的更廣泛採用將提供更可持續和可擴展的需求來源。

: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

：該內容旨在告知，不應被視為財務建議。本文中表達的觀點可能包括作者的個人意見，並且不代表小報的觀點。在做出任何投資決策之前，敦促讀者進行深入研究。讀者採取的任何行動都嚴格符合他們自身的風險。時代小報對任何財務損失概不負責。

Follow us on Twitter, Facebook, Telegram, and Google News

在Twitter，Facebook，Telegram和Google News上關注我們