XRP 是一项好的投资吗？这是您需要了解的内容

近四年来，加密货币投资者一直在等待 XRP（加密货币：XRP）的重大突破时刻，但该币仍徘徊在 1 美元大关以下。

For nearly four years, crypto investors have waited for the big breakout moment for XRP (CRYPTO: XRP), which is still languishing under the $1 mark. And now that moment seems to have arrived.

近四年来，加密货币投资者一直在等待 XRP（加密货币：XRP）的重大突破时刻，但该币仍徘徊在 1 美元大关以下。现在这个时刻似乎已经到来了。

At the beginning of August, the long-running Securities and Exchange Commission (SEC) court case against Ripple ( the company behind the XRP token) finally wrapped up, and it looks like the worst of XRP's regulatory headaches is over.

8 月初，美国证券交易委员会 (SEC) 针对 Ripple（XRP 代币背后的公司）旷日持久的法庭案件终于结束，看起来 XRP 最糟糕的监管难题已经结束。

But that doesn't necessarily mean that XRP, which has uses in cross-border payments, is a no-brainer investment these days. There's a lot of noise out there, and not a lot of signal. So if you're thinking about buying XRP right now, here's what you need to know.

但这并不一定意味着用于跨境支付的瑞波币（XRP）如今是一项无需动脑筋的投资。外面有很多噪音，但信号却很少。因此，如果您现在正在考虑购买 XRP，那么您需要了解以下信息。

Impact of the SEC court case

SEC 法庭案件的影响

The SEC case hinged on a single question: Is XRP a security or a cryptocurrency? The SEC claimed it was a security, while Ripple claimed it was a cryptocurrency. The court essentially ruled that XRP is a security when sold to institutional investors, but a cryptocurrency when sold to retail investors.

SEC 的案件取决于一个问题：XRP 是证券还是加密货币？ SEC 声称它是一种证券，而 Ripple 则声称它是一种加密货币。法院基本上裁定，XRP 在出售给机构投资者时是一种证券，但在出售给散户投资者时是一种加密货币。

As a result, Ripple must pay $125 million in civil penalties. The good news is that's significantly less than the $2 billion the SEC wanted it to pay. So Ripple is trying to spin the outcome of this case as a victory.

因此，Ripple 必须支付 1.25 亿美元的民事罚款。好消息是，这远远低于 SEC 要求其支付的 20 亿美元。因此，Ripple 试图将此案的结果视为胜利。

But is it really? This is a pyrrhic victory that comes with some heavy costs. Last year, for example, Ripple executives calculated the total cost of the legal battle as being north of $200 million. So maybe Ripple is not paying hundreds of millions of dollars to the SEC, but it is paying a lot of money to its lawyers.

但真的是这样吗？这是一场代价高昂的胜利，但也付出了沉重的代价。例如，去年，Ripple 高管计算出这场法律诉讼的总成本超过 2 亿美元。因此，也许 Ripple 并没有向 SEC 支付数亿美元，但它却向其律师支付了很多钱。

Moreover, it's not like Ripple is out of the regulatory woods quite yet. The SEC shows no signs of backing down, and has 60 days to appeal the court ruling. Moreover, the SEC is already looking at other aspects of Ripple's business to see if other securities violations might be warranted.

此外，瑞波币还没有摆脱监管困境。 SEC 没有表现出任何让步的迹象，并有 60 天的时间对法院裁决提出上诉。此外，美国证券交易委员会已经在研究 Ripple 业务的其他方面，以确定其他证券违规行为是否合理。

And don't forget -- Ripple has suffered a severe disruption to its overall business for a prolonged period of time. That's tough to bounce back from for any company. During that time, the XRP token was delisted from major cryptocurrency exchanges and other crypto challengers caught up with XRP. As a result, the price of XRP went literally nowhere for an extended period of time. Even after a nearly 25% boost in the immediate aftermath of the court ruling, XRP trades at just $0.57.

不要忘记——瑞波币的整体业务在很长一段时间内遭受了严重干扰。对于任何公司来说，这种情况都很难恢复。在此期间，XRP 代币从主要加密货币交易所退市，其他加密货币挑战者也追上了 XRP。结果，XRP 的价格在很长一段时间内几乎没有任何变化。即使在法院裁决后立即上涨近 25%，XRP 的交易价格也仅为 0.57 美元。

Key catalysts

关键催化剂

If you ignore all of the above, though, it's possible to paint a rosy scenario for Ripple and its XRP token. For one, Ripple can probably go back to business as usual in the U.S., and can start to build up some of its core offerings (such as a popular product for cross-border money transfers). It also has the freedom to develop new products, such as a U.S.-dollar linked stablecoin.

不过，如果您忽略上述所有内容，则有可能为 Ripple 及其 XRP 代币描绘出美好的前景。首先，Ripple 可能会在美国恢复正常业务，并开始建立一些核心产品（例如流行的跨境汇款产品）。它还可以自由开发新产品，例如与美元挂钩的稳定币。

That combination should be enough to send XRP above $1. But can XRP go much higher than that? It all comes down to two key catalysts, neither of which, in my opinion, are highly likely.

这种组合应该足以使 XRP 突破 1 美元。但 XRP 能比这更高吗？这一切都归结为两个关键的催化剂，但在我看来，这两个因素的可能性都不大。

For example, some crypto analysts have suggested that XRP could be next in line after Bitcoin and Ethereum to get a spot crypto exchange-traded fund (ETF). That would be huge in terms of attracting investor money back to XRP, which was once a crypto darling with a very strong retail investment base.

例如，一些加密货币分析师表示，XRP 可能会成为继比特币和以太坊之后的下一个获得现货加密货币交易所交易基金 (ETF) 的货币。这对于吸引投资者资金回流 XRP 来说将是巨大的，XRP 曾经是加密货币的宠儿，拥有非常强大的散户投资基础。

The other catalyst is a potential initial public offering (IPO) for Ripple. With the proceeds of the IPO, Ripple would be able to pay off its debts (including its legal debts), while also expanding its operations on a worldwide basis. That would imply more use cases for XRP, more overall activity for the XRP token, and more integration of XRP with the traditional financial system. If the Ripple IPO actually happens, then the price of XRP could skyrocket.

另一个催化剂是瑞波币潜在的首次公开募股（IPO）。借助 IPO 的收益，Ripple 将能够偿还债务（包括法律债务），同时扩大其在全球范围内的业务。这将意味着 XRP 的更多用例、XRP 代币更多的整体活动以及 XRP 与传统金融系统的更多集成。如果 Ripple IPO 真的发生，那么 XRP 的价格可能会飙升。

Beware of the XRP hype

谨防 XRP 炒作

Overall, XRP might have a lot of upside potential. But surely not as much as the XRP bulls are claiming. As soon as the SEC court ruling came out, social media was flooded with XRP bulls touting the long-term prospects of the token. One crypto trader even speculated that XRP might skyrocket as much as 45,000% by the end of 2025!

总体而言，XRP 可能具有很大的上涨潜力。但肯定没有 XRP 多头声称的那么多。 SEC 法院裁决一出，社交媒体上就充斥着 XRP 多头，宣扬该代币的长期前景。一位加密货币交易员甚至推测，到 2025 年底，XRP 可能会飙升至 45,000%！

So beware of all the buzz and hype now surrounding XRP. The fact that XRP only rallied by 25% in the aftermath of the SEC court ruling -- and then fell in price after that -- should tell you something: The market knows something about Ripple and XRP that you and I don't.

因此，请留意现在围绕 XRP 的所有嗡嗡声和炒作。事实上，在 SEC 法院裁决之后，XRP 只上涨了 25%，然后价格下跌，这一事实应该告诉你一些事情：市场对 Ripple 和 XRP 的了解是你我所不知道的。

Should you invest $1,000 in XRP right now?

您现在应该投资 1,000 美元 XRP 吗？

Before you buy stock in XRP, consider this:

在购买 XRP 股票之前，请考虑以下因素：

The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and XRP wasn’t one of them. The 10

Motley Fool Stock Advisor 分析师团队刚刚确定了他们认为投资者现在最值得购买的 10 只股票……而 XRP 并不是其中之一。 10 号