随着比特币调情高点，XRP记录了其流量意外崩溃

随着比特币调情高点，加密货币市场再次变绿

The crypto market is turning green once again as bitcoin flirts with highs, but a stark anomaly hits hard: XRP, usually accustomed to the spotlight, records an unexpected collapse in its flows.

当比特币调情高点时，加密市场再次变绿色，但是一个鲜明的异常命中率很难：XRP通常习惯了聚光灯，记录了其流动意外的崩溃。

While everyone is buzzing about the ADA, SOL, or even SUI surges, Ripple seems to be going its own way… and not in a good way. As we delve deeper into the CoinShares report, we encounter a reshuffling of the cards that could well redefine the priorities of institutional investors.

当每个人都对ADA，SOL甚至Sui的潮流都嗡嗡作响，但Ripple似乎正在自己的方式……而不是很好。当我们深入研究Coinshares报告时，我们遇到了可以重新定义机构投资者优先事项的卡片的重新封面。

Institutions Are Pulling Capital Out of XRP

机构正在将资本从XRP中退出

The figures speak for themselves. In one week, XRP sees $37.2 million less in capital. In one month? Nearly $29 million more. For a crypto supposed to be engaging in a close race with BTC and ETH for institutional adoption, it’s more than a setback: it’s a brutal reconsideration.

这些人物自言自语。在一周内，XRP的资本减少了3720万美元。一个月内？近2900万美元。对于一个应该与BTC和ETH进行机构采用的加密货币，这不仅仅是挫折：这是一种残酷的重新考虑。

Ripple is paying the price for unclear positioning here. Between regulations, intermittent lawsuits with the SEC, and often too vague partnership promises, the crypto seems stuck in inertia that markets no longer tolerate. And even if its annual inflows remain impressive — $226 million since January — the scent of fresh blood attracts sharks elsewhere.

Ripple在这里为不清楚的定位付出了代价。在法规之间，与SEC的间歇性诉讼以及往往过于模糊的伙伴关系承诺，加密货币似乎陷入了惯性，市场不再容忍。即使每年的流入仍然令人印象深刻 - 自1月以来的2.26亿美元 - 新鲜血的气味吸引了其他地方的鲨鱼。

The reality is clear: XRP crypto inspires less. Less trust, less movement, and above all, less capital.

现实很清楚：XRP加密启发较少。减少信任，减少运动，最重要的是，资本更少。

What About the Other Altcoins?

那其他山寨币呢？

On the still-warm ruins of XRP, cryptos like ADA, SUI, SOL, and others are building their rise. Cardano, often mocked for its slow execution, sees its flows steadily climb. +$0.6 million this week, +$1.9 million this month: modest but consistent figures, supported by a loyal crypto community and solid fundamentals.

在XRP的静止废墟上，像Ada，Sui，Sol和其他人这样的加密货币正在建立他们的崛起。 Cardano经常因其缓慢的处决而被嘲笑，看到其流量稳步攀登。本周 +60万美元，本月 +190万美元：谦虚但一致的数字，由忠实的加密社区和坚实的基本面支持。

Solana, on the other hand, shows stronger ambitions. With $4.3 million in weekly inflows, it captures the energy of the moment. Less tarnished by regulatory controversies, more agile in its DeFi and NFT deployments, SOL increasingly presents itself as the “People’s Ethereum.”

另一方面，索拉纳（Solana）表现出更强的野心。每周流入430万美元，它捕捉了当下的能量。索尔（Sol）越来越多地表现为“人民的以太坊”，因此受到监管争议的损害，更敏捷的敏捷性和NFT部署更加敏捷。

Finally, SUI, often in the media shadows, surprises with its performance: $2.9 million this week, $23.9 million since the start of the year. A discreet but powerful surge, proving that investors no longer just follow the headliners.

最终，Sui经常在媒体影子中的表现感到惊讶：本周290万美元，自今年年初以来为2390万美元。谨慎但有力的激增，证明投资者不再仅仅跟随头条新闻。

This rebalancing of flows, more than anything else, signals a deep shift in the crypto ecosystem: diversification has become a strategy, not a luxury.

这种流动的重新平衡，比其他任何事情都标志着加密生态系统的深刻转变：多样化已成为一种策略，而不是一种奢侈品。

Bitcoin Is Cyclical, and XRP Remains a Weary Comrade

比特币是周期性的，XRP仍然是疲倦的同志

As often, bitcoin sets the pace. The (brief) crossing of the 110,000 $ mark yesterday awoke investors’ appetite, boosting the entire crypto market. This simple 3% bounce was enough to repaint charts green, in a bullish ballet where every altcoin seemed to want to play the lead role.

通常，比特币设定了步伐。昨天110,000美元的（摘要）唤醒了投资者的食欲，从而增强了整个加密货币市场。这种简单的3％的反弹足以重新粉刷绿色图表，在看涨的芭蕾舞团中，每个山寨币似乎都想扮演主角。

And yet, XRP didn’t follow the music. Stuck in its own turbulence, it just watched others take the elevator while it waited for the next one.

但是，XRP并没有遵循音乐。卡在自己的动荡中，只是看着其他人在等待下一个电梯时拿起电梯。

Although cumulative inflows since January still allow it to remain among the most popular assets, this momentum is clearly fading. Barring a dramatic turn — a strategic partnership, a decisive legal victory — XRP risks staying sidelined. Not out of play, but far from the center.

尽管自一月以来的累积流入仍然使其仍然可以保留在最受欢迎的资产中，但这种势头显然正在消失。除非发生戏剧性的转折 - 战略合作伙伴关系，是决定性的法律胜利，XRP可能会留下余地。没有失败，但离中心很远。

In the shifting big game of institutional capital, every move counts. And today, the message is clear: flows are leaving XRP to feed more dynamic, more innovative, sometimes even riskier but above all more vibrant altcoins.

在机构资本的大型大型游戏中，每一步都很重要。如今，信息清楚了：流动XRP以使更具动态，更具创新性，有时甚至更风险，但最重要的是更加充满活力的山寨币。

This reshuffling does not signal the death of Ripple, but perhaps marks the end of an era. One where XRP could rest on its historical status. In the post-Bitcoin maximalist era, cryptos must earn their place. And in this race, Ripple no longer has a lead and the death cross revives doubts about its momentum.

这种改组并没有标志着波纹的死亡，但也许标志着一个时代的终结。 XRP可以依靠其历史地位的一个。在后币后最大化时代，加密货币必须赢得自己的位置。在这场比赛中，Ripple不再有领先，死亡十字架对其势头产生了怀疑。