XRP（加密：XRP）是否会超过比特币（加密：BTC）作为世界上最有价值的加密货币？

自2009年推出以来，比特币（Crypto：BTC）独自一人成为世界上最有价值的加密货币。

Ever since it launched in 2009, Bitcoin (CRYPTO: BTC) has stood alone as the world’s most valuable cryptocurrency. More than 15 years later, it still commands a whopping 60% share of the cryptocurrency market.

自2009年推出以来，比特币（Crypto：BTC）独自一人成为世界上最有价值的加密货币。超过15年后，它仍然占加密货币市场的60％份额。

However, the tech industry is filled with stories of industry leaders that once reigned supreme, but later gave ground to smaller, more nimble competitors. The one competitor that's been getting a lot of buzz recently is XRP (CRYPTO: XRP), the cryptocurrency formerly known as Ripple.

但是，科技行业充满了曾经统治至尊的行业领导者的故事，但后来为较小，更敏捷的竞争对手提供了基础。最近引起很多轰动的一个竞争对手是XRP（加密：XRP），这是以前称为Ripple的加密货币。

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Market cap

市值

In terms of market cap, it seems inconceivable that XRP could ever overtake Bitcoin. Despite being the world’s fourth-largest cryptocurrency, with a $100 billion market cap, XRP is absolutely dwarfed by Bitcoin, which still trades at a hefty $1.5 trillion valuation.

就市值而言，XRP似乎无法超越比特币，这似乎是不可想象的。尽管XRP是全球第四大加密货币，具有1000亿美元的市值，但比特币绝对使Bitcoin相形见warf，该公司的估值仍然高达1.5万亿美元。

Let's do some simple math here. XRP would need to skyrocket in value by a multiple of 15x to have any chance of overtaking Bitcoin. And, at the same time that XRP is skyrocklighting in value, Bitcoin would essentially need to trade flat, so that XRP can catch up.

让我们在这里做一些简单的数学。 XRP需要在价值上飙升15倍的倍数，以有可能超越比特币。而且，与此同时，XRP在价值上是Skyrocklight的，比特币基本上需要平整交易，以便XRP可以赶上。

Image source: Getty Images.

图像来源：盖蒂图像。

That's simply not probable, given that Bitcoin traditionally leads the market higher or lower. We're seeing this right now with the current tariff turbulence. So, XRP would need some sort of extraordinary catalyst to help it accelerate in value faster than Bitcoin.

考虑到比特币传统上使市场更高或更低，这根本不可能。当前的关税动荡，我们现在正在看到这一点。因此，XRP需要某种非凡的催化剂来帮助比特币更快地加速其价值。

So what could be some of the catalysts to make that growth happen? Some have suggested that the imminent launch of new spot ETFs might attract new investor inflows, sending the price of XRP soaring. Others have suggested that the recent launch of a new stablecoin by Ripple, the company behind the XRP token, might be enough to send XRP skyrocketing to new levels.

那么，有些催化剂可以实现这种增长呢？一些人建议，即将推出的新现场ETF可能会吸引新的投资者流入，从而发出XRP的价格。其他人则建议，最近推出了XRP令牌背后的公司Ripple的新Stablecoin，可能足以将XRP飞速飙升至新水平。

Performance

表现

Let's shift the argument a bit, and define "overtake" to mean turning in superior market performance over time. This is a much more likely scenario, given that XRP was on an absolute tear until recently. When XRP hit a new 52-week high of $3.39 in January, it was up a mind-boggling 600%. For much of 2025, XRP was the top-performing cryptocurrency.

让我们稍微改变论点，然后将“超越”定义为意味着随着时间的推移促进卓越的市场绩效。鉴于XRP直到最近才出现绝对的眼泪，这是一种可能的情况。当XRP在一月份达到了新的52周高点3.39美元时，令人难以置信的600％。在2025年的大部分时间里，XRP是表现最佳的加密货币。

But just how sustainable is this performance by XRP? After all, XRP's meteoric rise has largely been linked to the pro-crypto optimism surrounding the Trump administration. All of XRP's gains occurred after the election of President Donald Trump in November. For months ahead of the election, XRP was trading for a paltry $0.50 and going absolutely nowhere fast.

但是，XRP的性能有多可持续？毕竟，XRP的迅速崛起在很大程度上与围绕特朗普政府的亲克莱普托乐观有关。 XRP的所有收益都发生在11月唐纳德·特朗普总统当选后。在选举前几个月中，XRP的交易价格微不足道的$ 0.50，绝对迅速地进行了交易。

There have been some big wins already for Ripple and XRP as a result of the Trump White House's crypto policies. For one, the SEC has dropped a long-running lawsuit against Ripple that alleged that XRP was a security, rather than a commodity. The Trump White House was also careful to include XRP as part of its new U.S. Digital Asset Stockpile, while inviting Ripple CEO Brad Garlinghouse to events such as the White House Crypto Summit in March.

由于特朗普白宫的加密政策，Ripple和XRP已经取得了一些巨大的胜利。一方面，SEC撤销了针对Ripple的长期诉讼，称XRP是安全的，而不是商品。特朗普白宫还谨慎地将XRP作为其新的美国数字资产库存的一部分，同时邀请Ripple首席执行官Brad Garlinghouse参加三月份的白宫加密赛峰会等活动。

But these events now appear to be priced into XRP. Since January, XRP is down a very sobering 45%. It has proven to be less than immune to the risk and uncertainty of global trade tariffs.

但是这些事件现在似乎被定为XRP。自1月以来，XRP下降了45％。事实证明，它不受全球贸易关税的风险和不确定性的影响。

Utility

公用事业

There is one area, however, where XRP could potentially "overtake" Bitcoin, and that is when it comes to utility. Utility simply refers to the possible use cases of a cryptocurrency. If XRP has more use cases than Bitcoin, then it is possible to say that it has a higher utility.

但是，在一个领域，XRP可能会“超越”比特币，这就是实用程序。实用程序只是指加密货币的可能用例。如果XRP比比特币具有更多的用例，则可以说它具有更高的实用程序。

While Bitcoin was originally created as a "peer-to-peer electronic cash system," it has largely failed to deliver on this promise. In other words, when was the last time you ever paid for something with Bitcoin? Over the past decade, Bitcoin has largely transformed from being a "medium of exchange" to being a "store of value." You buy Bitcoin, and you hoard it, just like gold.

虽然比特币最初是作为“对等电子现金系统”而创建的，但它在很大程度上未能实现这一承诺。换句话说，您上次用比特币付款是什么时候？在过去的十年中，比特币在很大程度上从“交流媒介”转变为“价值存储”。您购买比特币，然后像黄金一样ho积它。

In contrast, XRP was designed as a cryptocurrency that could facilitate cross-border payment flows. Using blockchain technology, you can use XRP to send money across borders to different countries, and you can do so much faster and more cheaply than with traditional financial networks.

相比之下，XRP被设计为一种加密货币，可以促进跨境支付流动。使用区块链技术，您可以使用XRP向不同国家 /地区汇款，并且您可以比传统的金融网络更快，更便宜。

Over time, XRP has steadily added to its core functionality, such that major financial institutions around the world are now using XRP to send very complex payments across borders. The only problem here, of course, is that global tariffs and a global trade war could curtail all of this.

随着时间的流逝，XRP稳步添加了其核心功能，因此世界各地的主要金融机构现在都在使用XRP来跨境发送非常复杂的付款。当然，这里唯一的问题是，全球关税和全球贸易战可能会削弱所有这一切。

Can XRP hit $3.84?

XRP可以达到$ 3.84吗？

At the end of the day, it's hard to see how XRP will ever overtake Bitcoin. Yes, there's a lot to like about XRP, and its blistering growth since the November election has been eye-opening. But keep this in mind: In its entire

归根结底，很难看到XRP将如何超越比特币。是的，关于XRP有很多值得喜欢的事，并且自11月大选以来，它的增长令人大开眼界。但是请记住这一点：整个