Bitwise Asset Management发布了一份全面的报告，揭开了驱动XRP价值的内容的神秘面纱

Bitwise Asset Management是美国最大的加密资产经理之一，已发布了一份全面的报告，揭开了驱动XRP价值的因素。

Bitwise Asset Management, one of the largest crypto asset managers in the U.S., has authored a comprehensive analysis of what drives the value of XRP.

Bitwise Asset Management是美国最大的加密资产经理之一，它对驱动XRP价值的全面分析进行了全面分析。

The analysis, authored by Chief Investment Officer Matt Hougan and Research Analyst Ayush Tripathi, offers a compelling counter-narrative to the often-simplistic view that XRP’s fate is tied solely to Ripple’s legal battles or corporate performance.

该分析是由首席投资官Matt Hougan和研究分析师Ayush Tripathi撰写的，对经常有影响的观点提供了令人信服的反叙事，即XRP的命运仅与波纹的法律战斗或公司绩效有关。

“XRP is not equity in Ripple,” the analysis stated, addressing a long-standing misconception that has lingered in the crypto community.

分析说：“ XRP不是波纹的公平性，”解决了在加密社区中徘徊的长期误解。

Instead, XRP should be viewed through a broader lens that considers utility, liquidity, and evolving regulatory clarity as its primary value drivers, according to the Bitwise report.

取而代之的是，应通过更广泛的镜头来查看XRP，该镜头认为效用，流动性和不断发展的监管清晰度是其主要价值驱动因素。

XRP’s principal strength lies in its design as a bridge currency for cross-border payments. The token was built to facilitate high-speed, low-cost international transfers, settling transactions in 3–5 seconds with minimal fees. This makes it a standout alternative to legacy systems like SWIFT, which are slower, costlier, and not operational around the clock.

XRP的主要优势在于其作为跨境支付的桥梁货币的设计。该令牌的建造是为了促进高速，低成本的国际转移，在3-5秒内以最少的费用定居交易。这使其成为诸如Swift之类的旧系统的杰出替代品，例如Swift，它们较慢，昂贵，并且不全天运行。

“XRP is one of the fastest, cheapest, and most scalable assets available today,” Bitwise emphasized.

Bitwise强调：“ XRP是当今可用的最快，最便宜，最可扩展的资产之一。”

However, Ripple’s legal saga with the U.S. Securities and Exchange Commission (SEC) has cast a shadow over XRP since 2020. But recent court developments may have worked in XRP’s favor.

但是，自2020年以来，Ripple在美国证券交易委员会（SEC）的法律传奇已经超过了XRP。但是最近的法院发展可能对XRP有利。

Notably, in July 2023, a U.S. District Court ruled that secondary market sales of XRP did not constitute securities offerings, providing long-awaited regulatory clarity.

值得注意的是，在2023年7月，美国地方法院裁定，XRP的二级市场销售不构成证券产品，提供期待已久的监管清晰度。

As per Bitwise, “XRP is now one of only a few digital assets in the U.S. with regulatory clarity,” a distinction that could appeal to institutions seeking compliant crypto exposure.

根据Bitwise，“ XRP现在是美国仅有的几个数字资产之一，”这种区别可以吸引寻求合规的加密货币的机构。

Moreover, despite regulatory uncertainty, XRP’s liquidity profile has remained robust.

此外，尽管监管不确定性，XRP的流动性概况仍然稳健。

According to Bitwise, XRP is now the third most liquid crypto asset globally, trailing only Bitcoin and Ethereum. This depth of liquidity is significant for institutional players and use cases requiring high transaction throughput.

根据Bitwise的说法，XRP现在是全球液体加密资产的第三大资产，仅落后比特币和以太坊。这种流动性深度对于机构参与者和需要高交易吞吐量的用例很重要。

“That means tighter spreads, lower costs, and more reliable execution,” the report noted.

报告指出：“这意味着更严格的差异，较低的成本和更可靠的执行。”

In addition to these structural advantages, Ripple has made strategic moves to strengthen XRP’s ecosystem. In May 2023, the company acquired Swiss custody firm Metaco for $250 million, signaling a push into institutional crypto infrastructure.

除了这些结构上的优势外，Ripple还采取了战略性的举动，以增强XRP的生态系统。 2023年5月，该公司以2.5亿美元的价格收购了瑞士保管公司Metaco，这表明推动了机构加密基础设施。

While XRP holders do not benefit from Ripple’s equity or profits, such acquisitions build long-term trust and utility around the XRP ledger.

尽管XRP持有人无法从Ripple的权益或利润中受益，但此类收购建立了围绕XRP Ledger的长期信任和实用性。

“XRP sits at the intersection of utility, liquidity, and regulatory clarity.” Tripathi noted.

XRP位于公用事业，流动性和监管清晰度的交集。” Tripathi指出。

According to him, these intersecting strengths may provide XRP with a unique edge in the next phase of crypto adoption as $10 XRP price gets envisioned.

据他说，这些相交的优势可能会在下一阶段采用的下一阶段为XRP提供独特的优势，因为$ 10 XRP价格被设想。

At press time, XRP was trading at $2.11, reflecting a 0.52% surge in the past 24 hours.

发稿时，XRP的交易价格为2.11美元，反映了过去24小时的0.52％的涨幅。