是什么推动了 XRP 价格？

Ripple 的 XRP（按市值计算第七大加密货币）和 XLM（Stellar 网络的原生代币）是两种在价格增长和发展方面经常被比较的加密资产。

Ripple’s XRP and Stellar’s XLM are two crypto assets that have been frequently compared in terms of price growth and development. Moreover, both tokens are used to facilitate fast and low-cost cross-border payments.

Ripple 的 XRP 和 Stellar 的 XLM 是两种在价格增长和发展方面经常被比较的加密资产。此外，这两种代币都用于促进快速、低成本的跨境支付。

Now, Ripple CTO David Schwartz has shared his observations on the persistent price correlations between XRP and XLM in an X post.

现在，Ripple 首席技术官 David Schwartz 在 X 帖子中分享了他对 XRP 和 XLM 之间持续价格相关性的观察。

What Drives The XRP Price?

是什么推动了 XRP 价格？

David Schwartz recently took to X (aka Twitter) to share a chart illustrating a strong correlation in the price actions of the XRP and XLM tokens.

David Schwartz 最近在 X（又名 Twitter）上分享了一张图表，该图表说明了 XRP 和 XLM 代币的价格走势之间存在很强的相关性。

Schwartz conceded, “I have no idea what factors drive the price of XRP.” This remark might be surprising coming from one of the original architects of the XRP Ledger (XRPL). However, it indicates different market factors could be influencing XRP’s price.

施瓦茨承认，“我不知道是什么因素推动了 XRP 的价格。”这句话出自 XRP Ledger (XRPL) 的原始架构师之口可能会令人惊讶。然而，这表明不同的市场因素可能会影响 XRP 的价格。

The Ripple CTO astutely observed that “the only real objective data point I have is that XRP tracks the price and market cap of XLM incredibly well over all time frames.”

Ripple 首席技术官敏锐地观察到，“我拥有的唯一真正客观的数据点是，XRP 在所有时间范围内都非常好地跟踪 XLM 的价格和市值。”

I have no idea what factors drive the price of XRP. The only real objective data point I have is that XRP tracks the price and market cap of XLM incredibly well over all time frames. pic.twitter.com/Ng2hkSA2wP

我不知道是什么因素驱动 XRP 的价格。我拥有的唯一真实客观的数据点是 XRP 在所有时间范围内都非常好地跟踪 XLM 的价格和市值。 pic.twitter.com/Ng2hkSA2wP

As of press time, XRP has a market cap of $31.9 billion, compared to $2.7 billion for XLM. Despite the significant market valuation differences, XRP and XLM display similar growth patterns, further fueling the debate about their prices moving in near-perfect tandem.

截至发稿时，XRP 的市值为 319 亿美元，而 XLM 的市值为 27 亿美元。尽管市场估值存在显着差异，但 XRP 和 XLM 显示出相似的增长模式，这进一步加剧了有关其价格近乎完美同步走势的争论。

XRP And XLM Lockstep Movement Deciphered

XRP 和 XLM 同步运动被破译

The correlation observed by Schwartz suggests that investors typically put XRP and XLM in the same mental bucket due to their shared history and intertwined market dynamics, therefore factors driving the price of one of these cryptocurrencies often influence the other.

Schwartz 观察到的相关性表明，由于 XRP 和 XLM 具有共同的历史和相互交织的市场动态，投资者通常将 XRP 和 XLM 放在同一个心理桶中，因此推动其中一种加密货币价格的因素往往会影响另一种加密货币。

For the uninitiated, the Stellar blockchain payment project was created by Jed McCaleb, a Ripple co-founder. This link has often been mentioned as a possible reason for the two tokens’ price synchronization.

对于外行来说，Stellar 区块链支付项目是由 Ripple 联合创始人 Jed McCaleb 创建的。这种联系经常被认为是两种代币价格同步的可能原因。

Nevertheless, the specific explanation for this striking correlation remains a complex and nuanced phenomenon that has long been the subject of much speculation and discussion in the cryptoverse.

尽管如此，对这种惊人相关性的具体解释仍然是一个复杂而微妙的现象，长期以来一直是加密货币领域众多猜测和讨论的主题。

At the time of writing, XRP and XLM were mirroring the boring price performance across the border crypto market, trading at $0.5637 and $0.09212, respectively.

截至撰写本文时，XRP 和 XLM 反映了跨境加密市场的无聊价格表现，交易价格分别为 0.5637 美元和 0.09212 美元。