了解令牌速度及其對XRP價格的影響

本文深入研究了“令牌速度”的概念及其對數字資產（尤其是XRP）價格行為的重大影響。

In a recent post, Crypto Commentator “All Things XRP” highlighted a significant knowledge gap among XRP investors, suggesting it may be a major factor limiting the asset’s price growth.

在最近的一篇文章中，加密評論員“萬物XRP”強調了XRP投資者之間的顯著知識差距，這表明這可能是限制資產價格增長的主要因素。

According to the commentator, 74.1% of XRP investors are unfamiliar with the concept of “token velocity,” a fundamental aspect that influences the behavior of digital assets, including XRP.

據評論員稱，有74.1％的XRP投資者不熟悉“令牌速度”的概念，這是影響包括XRP在內的數字資產行為的基本方面。

As explained, token velocity measures how often a token changes hands within a certain period. The formula is presented as total transaction volume divided by the circulating supply.

正如解釋的那樣，令牌速度衡量令牌在一定時期內易於移動的頻率。該公式表示為總交易量除以循環供應。

A high token velocity means that tokens are frequently traded, while a low token velocity implies more holding by investors. The commentary stresses that while the idea appears simple, its consequences are profound.

高令牌速度高意味著代幣經常被交易，而標記速度低的速度意味著投資者的持有更多。評論強調，儘管這個想法看起來很簡單，但其後果是深遠的。

The direct impact of token velocity on asset prices was a central point of the commentary. High velocity tends to apply downward pressure on a token’s price, as frequent trading increases available supply on exchanges.

令牌速度對資產價格的直接影響是評論的核心。高速度傾向於在代幣的價格上施加向下壓力，因為頻繁的交易增加了交易所的可用供應。

In contrast, low velocity, associated with holding behavior, typically supports upward price movements due to restricted supply. This relationship is framed as a basic application of supply and demand principles within the cryptocurrency market.

相比之下，與保持行為相關的低速度通常會由於供應量受到限製而支撐價格變動。這種關係被構建為加密貨幣市場中供求原則的基本應用。

How XRP’s Design Drives High Token Velocity

XRP的設計如何驅動高令牌速度

The commentator specifically points to XRP’s intended functionality as a payment and liquidity solution being a factor in its high token velocity. Within RippleNet and On-Demand Liquidity (ODL), XRP facilitates instant transaction settlements. As a result, banks and institutions often purchase XRP, transfer it across borders, and immediately sell it, leading to rapid turnover of the token.

評論員特別指出XRP的預期功能是付款和流動性解決方案是其高令牌速度的一個因素。在Ripplenet和按需流動性（ODL）中，XRP促進了即時交易結算。結果，銀行和機構經常購買XRP，將其轉移到邊界上並立即出售，從而導致令牌快速營業額。

This inherent design focus on speed and liquidity has unintended consequences for price appreciation, according to the commentary. Unlike assets such as Bitcoin, which is often held as a store of value and exhibits low velocity, XRP’s structure causes it to be treated more like a transactional tool.

評論說，這種固有的設計著重於速度和流動性，對價格讚賞產生了意想不到的後果。與通常以價值存儲並表現出低速的比特幣等資產不同，XRP的結構使其更像是一種交易工具。

The situation is further amplified by significant trading volumes on cryptocurrency exchanges and periodic escrow releases that increase the circulating supply.

在加密貨幣交易所和周期性的託管釋放方面的大量交易量進一步擴大了這種情況，從而增加了循環供應。

We are on twitter, follow us to connect with us :- @TimesTabloid1

我們在Twitter上，關注我們與我們聯繫： - @timestabloid1

— TimesTabloid (@TimesTabloid1) July 15, 2023

- 時間賽車（@timestabloid1）2023年7月15日

Potential Solutions to Manage Token Velocity

管理令牌速度的潛在解決方案

The commentary suggests several strategies that could help mitigate XRP’s high token velocity. These include introducing staking mechanisms to encourage long-term holding, implementing token burns to reduce overall supply, and developing new use cases such as tokenizing real-world assets. Each approach aims to incentivize holding behavior and lower the rate at which XRP changes hands.

評論提出了幾種策略，可以幫助減輕XRP的高代價速度。其中包括引入堆放機制，以鼓勵長期持有，實施令牌燃燒以減少總體供應，並開發新的用例，例如使現實世界中的現實資產。每種方法旨在激勵保持行為並降低XRP易手的速度。

The comparison to other major digital assets provides additional context. Bitcoin is noted for its low velocity due to a widespread “HODL” culture, while Ethereum exhibits a moderate velocity due to its use in decentralized finance and staking mechanisms. Stablecoins, commonly used for transactions and trades, display ultra-high velocity, a behavior pattern to which XRP is currently closer.

與其他主要數字資產的比較提供了其他背景。由於廣泛的“ hodl”培養物，比特幣的速度低，而以太坊由於在分散融資和儲存機制中的使用而表現出適度的速度。通常用於交易和交易的Stablecoins顯示超高速度，這是XRP當前更接近的行為模式。

Investor Implications and Closing Observations

投資者的影響和結束觀察

The commentary from “All Things XRP” delivers a cautionary message to XRP investors. It stresses that simply holding XRP with the expectation of future price surges may be neglecting the asset’s fundamental design. He says the likelihood of price appreciation depends on massive adoption and real-world demand, rather than the mere passage of time.

“萬物XRP”的評論向XRP投資者發出了警示信息。它強調的是，僅僅持有XRP期望未來價格飆升的期望可能會忽略資產的基本設計。他說，價格升值的可能性取決於大量採用和現實世界的需求，而不是僅僅時間的流逝。

The analysis concludes by emphasizing that token velocity is a crucial but often overlooked concept in the broader cryptocurrency landscape. A deeper understanding of this factor, especially in the context of XRP, could equip investors with more realistic expectations and smarter strategies moving forward.

分析結論是，在更廣泛的加密貨幣景觀中，令牌速度是一個至關重要但經常被忽視的概念。對這一因素，尤其是在XRP背景下的更深入了解，可以使投資者擁有更現實的期望和更智能的策略。

: 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 X, Facebook, Telegram, and  Google News

在X，Facebook，Telegram和Google新聞上關注我們