<p>在华尔街，发布加密货币价格预测的分析师并不多。这是因为数字货币的估值比传统股票要困难得多。它们不产生现金流或收益，也不向股东返还资本；因此，华尔街分析师使用的传统估值方法并不适用。</p>
<p>一位经常发布加密货币价格预测的策略师是英国银行 <strong>渣打集团</strong> 的全球数字资产研究负责人 Geoff Kendrick。Kendrick 是一位华尔街老手，在转向加密货币领域之前，他在全球货币领域工作了 20 年。他对全球最大的加密货币 <strong>比特币</strong> 持乐观态度，同时也看好其他加密货币，其中一种他认为在未来几年可能会飙升 471%。</p>
<h2>强大的支付潜力</h2>
<p><strong>XRP</strong>（XRP 0.47%）长期以来一直是全球最大的加密货币之一，实际上是最早的加密货币之一，创建于 2012 年。投资者对其跨境支付潜力感到兴奋。XRP 的网络是最早能够每秒处理大量交易的网络之一，尽管自那时以来出现了几个竞争对手。</p>
<p>Kendrick 对 XRP 的预测涉及三个主要因素。第一个是监管方面，与证券交易委员会（SEC）有关。</p>
<p>在 2020 年，SEC 起诉了 Ripple，即 XRP 背后的公司；其联合创始人之一及现任首席执行官 Brad Garlinghouse 被指控三方在 2013 年以未注册证券的身份出售 XRP。这场法律斗争持续了四年，Ripple 在某些时候似乎赢得了案件，但 SEC 对其不同意的法院裁决部分提出了上诉。</p>
<p>这场诉讼给 XRP 带来了不必要的关注，因为它可能为 SEC 对某些加密货币的管辖权设定了先例。因此，大多数加密货币投资者都在关注此事，这可能导致对 XRP 的负面情绪。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MjM1NDkvcGVyc29uLWNvbXB1dGVyLTYuanBnJnc9NzAw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MjM1NDkvcGVyc29uLWNvbXB1dGVyLTYuanBnJnc9NzAw"/></p>
<p>图片来源：Getty Images。</p>
<p>但在去年 11 月唐纳德·特朗普总统赢得选举并迎来了一个支持加密货币的政府后，SEC 的领导层发生了变化，该机构最终撤回或和解了几起高调的加密货币案件，包括与 Ripple 的案件。这导致 XRP 的价格飙升，并为其他催化剂如现货 XRP 交易所交易基金（ETFs）铺平了道路。</p>
<p>Kendrick 现在相信 XRP 网络的技术优势及其用途可以得到发挥。他认为，其快速、低成本的国际转账能力使其与稳定币具有相似的价值主张。Ripple 实际上已经推出了自己的稳定币。</p>
<p>分析师还指出，XRP 的年度交易量增加了 50%。他认为，Ripple 与大型传统金融机构的合作使 XRP 在采用方面比竞争对手更具优势。</p>
<p>最后，Kendrick 看到 Ripple 在资产代币化方面的催化剂，即在区块链上使用数字资产代表实物财产或其他数字资产的所有权。</p>
<p>代币化被视为对美国国债和稳定币的所有权有用。虽然在国外有现货 XRP ETF，但目前在美国没有。这可能很快会改变，SEC 仍预计将在年底前批准 XRP 的交易所交易基金。Kendrick 估计，这可能会解锁另外 40 亿到 80 亿美元的资金流入，并 “使 XRP 在机构和零售投资者中合法化。”</p>
<h2>XRP 能涨到 12.50 美元吗？</h2>
<p>他最终认为，上述所有催化剂将推动 XRP 在今年达到 5.50 美元，到 2028 年达到 12.50 美元，这代表着从当前水平约 470% 的上涨。这将需要 XRP 的价格几乎翻倍，以达到 Kendrick 的 2025 年目标。</p>
<p>当然，投资者在考虑加密货币价格目标时应保持谨慎。Kendrick 无疑非常聪明，但正如我上面提到的，加密货币的波动性比传统资产更大，估值也更困难。</p>
<p>也就是说，Ripple 多年来一直受到 SEC 诉讼的困扰，现在可以在发展其业务方面取得更多进展，这可能会导致 XRP 的进一步采用，尽管投资者应记住，竞争比以前更为激烈。</p>
<p>最终，我发现 XRP 及其网络的用途很有趣，因此我当然不会感到惊讶，看到它起飞，特别是如果利率下降和美元继续走弱。但我仍然觉得它的波动性太大，不适合大规模投资，我继续建议投资者保持较小和更具投机性的头寸。</p>

渣打集团

<p>华尔街分析师 Geoff Kendrick 来自渣打集团，预测 XRP 在未来几年内可能飙升 471%，到 2028 年达到 12.50 美元。他的乐观展望基于多个因素，包括 Ripple 与美国证券交易委员会（SEC）诉讼的解决、交易量的增加、与金融机构的合作以及 XRP 交易所交易基金（ETF）在美国潜在的批准。尽管情绪积极，Kendrick 仍建议保持谨慎，因为加密货币固有的波动性，并建议对 XRP 进行较小的投机性投资</p>

<p>There aren't too many Wall Street analysts publishing price predictions on cryptocurrencies. That's because digital currencies are much more difficult to value than traditional stocks. They don't generate cash flow or earnings, nor do they return capital to shareholders; therefore, the traditional valuation methods used by Wall Street analysts don't apply.</p>
<div class="lb-trans"><p>在华尔街，发布加密货币价格预测的分析师并不多。这是因为数字货币的估值比传统股票要困难得多。它们不产生现金流或收益，也不向股东返还资本；因此，华尔街分析师使用的传统估值方法并不适用。</p>
</div><p>One strategist who frequently issues crypto price predictions is Geoff Kendrick, the global head of digital asset research at the British bank <strong>Standard Chartered</strong>. Kendrick is a Wall Street veteran, with 20 years covering global currencies prior to the crypto beat. He has been bullish on <strong>Bitcoin</strong>, the world's largest cryptocurrency, but also on other cryptocurrencies, one of which he thinks could soar 471% over the next few years.</p>
<div class="lb-trans"><p>一位经常发布加密货币价格预测的策略师是英国银行 <strong>渣打集团</strong> 的全球数字资产研究负责人 Geoff Kendrick。Kendrick 是一位华尔街老手，在转向加密货币领域之前，他在全球货币领域工作了 20 年。他对全球最大的加密货币 <strong>比特币</strong> 持乐观态度，同时也看好其他加密货币，其中一种他认为在未来几年可能会飙升 471%。</p>
</div><h2>Strong payments potential</h2>
<div class="lb-trans"><h2>强大的支付潜力</h2>
</div><p><strong>XRP</strong>(XRP 0.47%) has long been one of the largest cryptocurrencies in the world, and was actually one of the earliest, created in 2012. Investors have been excited about its cross-border payments potential. XRP's network was among the first that could process many transactions per second, although several competitors have popped up since then.</p>
<div class="lb-trans"><p><strong>XRP</strong>（XRP 0.47%）长期以来一直是全球最大的加密货币之一，实际上是最早的加密货币之一，创建于 2012 年。投资者对其跨境支付潜力感到兴奋。XRP 的网络是最早能够每秒处理大量交易的网络之一，尽管自那时以来出现了几个竞争对手。</p>
</div><p>Kendrick's call on XRP, which he made earlier this year, involved three big factors. The first was on the regulatory side and has to do with the Securities and Exchange Commission (SEC).</p>
<div class="lb-trans"><p>Kendrick 对 XRP 的预测涉及三个主要因素。第一个是监管方面，与证券交易委员会（SEC）有关。</p>
</div><p>In 2020, the SEC sued Ripple, the company behind XRP; one of its co-founders, and its current CEO Brad Garlinghouse, alleging the three parties sold XRP as an unregistered security in 2013. The legal battle carried on for four years, with Ripple seemingly winning the case at times, but the SEC appealing parts of the court decision it disagreed with.</p>
<div class="lb-trans"><p>在 2020 年，SEC 起诉了 Ripple，即 XRP 背后的公司；其联合创始人之一及现任首席执行官 Brad Garlinghouse 被指控三方在 2013 年以未注册证券的身份出售 XRP。这场法律斗争持续了四年，Ripple 在某些时候似乎赢得了案件，但 SEC 对其不同意的法院裁决部分提出了上诉。</p>
</div><p>The lawsuit attracted unwanted attention for XRP because it could have set a precedent over how much jurisdiction the SEC had over certain cryptocurrencies. So, most crypto investors were watching it, which may have created negative sentiment for XRP.</p>
<div class="lb-trans"><p>这场诉讼给 XRP 带来了不必要的关注，因为它可能为 SEC 对某些加密货币的管辖权设定了先例。因此，大多数加密货币投资者都在关注此事，这可能导致对 XRP 的负面情绪。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MjM1NDkvcGVyc29uLWNvbXB1dGVyLTYuanBnJnc9NzAw" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F823549%2Fperson-computer-6.jpg&amp;op=resize&amp;w=700"/></p>
<p>Image source: Getty Images.</p>
<div class="lb-trans"><p>图片来源：Getty Images。</p>
</div><p>But once President Donald Trump won the election last November and ushered in a pro-crypto administration, leadership at the SEC changed, and the agency eventually dropped or settled several high-profile crypto cases, including with Ripple. That led the price of XRP to surge and cleared the way for other catalysts like spot-XRP exchange-traded funds (ETFs).</p>
<div class="lb-trans"><p>但在去年 11 月唐纳德·特朗普总统赢得选举并迎来了一个支持加密货币的政府后，SEC 的领导层发生了变化，该机构最终撤回或和解了几起高调的加密货币案件，包括与 Ripple 的案件。这导致 XRP 的价格飙升，并为其他催化剂如现货 XRP 交易所交易基金（ETFs）铺平了道路。</p>
</div><p>Kendrick now believes the technical strengths of XRP's network and its uses can take hold. He thinks that its ability to facilitate quick, low-cost international transfers gives it a similar proposition to stablecoins. Ripple has actually launched its own stablecoin.</p>
<div class="lb-trans"><p>Kendrick 现在相信 XRP 网络的技术优势及其用途可以得到发挥。他认为，其快速、低成本的国际转账能力使其与稳定币具有相似的价值主张。Ripple 实际上已经推出了自己的稳定币。</p>
</div><p>The analyst also noted that XRP has experienced a 50% increase in annual transaction volume. He thinks that Ripple partnering with large traditional financial institutions gives XRP a leg up on competition when it comes to adoption.</p>
<div class="lb-trans"><p>分析师还指出，XRP 的年度交易量增加了 50%。他认为，Ripple 与大型传统金融机构的合作使 XRP 在采用方面比竞争对手更具优势。</p>
</div><p>Lastly, Kendrick sees catalysts from Ripple's move into asset tokenization, the process of using digital assets on a blockchain to represent ownership of physical property or other digital assets.</p>
<div class="lb-trans"><p>最后，Kendrick 看到 Ripple 在资产代币化方面的催化剂，即在区块链上使用数字资产代表实物财产或其他数字资产的所有权。</p>
</div><p>Tokenization is seen as being useful for the ownership of U.S. Treasury bills and stablecoins. While there are spot XRP ETFs abroad, none currently exist in the U.S. That could soon change, however, with the SEC still expected to approve exchange-traded funds for XRP by the end of the year. Kendrick estimates this could unlock another $4 billion to $8 billion of inflows and &#34;legitimize XRP for institutional and retail investors.&#34;</p>
<div class="lb-trans"><p>代币化被视为对美国国债和稳定币的所有权有用。虽然在国外有现货 XRP ETF，但目前在美国没有。这可能很快会改变，SEC 仍预计将在年底前批准 XRP 的交易所交易基金。Kendrick 估计，这可能会解锁另外 40 亿到 80 亿美元的资金流入，并 “使 XRP 在机构和零售投资者中合法化。”</p>
</div><h2>XRP to $12.50?</h2>
<div class="lb-trans"><h2>XRP 能涨到 12.50 美元吗？</h2>
</div><p>He ultimately sees all of the catalysts mentioned above driving XRP to $5.50 this year and $12.50 by 2028, which represents about 470% upside from current levels. That would require a near doubling from current levels for XRP to reach Kendrick's 2025 target.</p>
<div class="lb-trans"><p>他最终认为，上述所有催化剂将推动 XRP 在今年达到 5.50 美元，到 2028 年达到 12.50 美元，这代表着从当前水平约 470% 的上涨。这将需要 XRP 的价格几乎翻倍，以达到 Kendrick 的 2025 年目标。</p>
</div><p>Of course, investors should always take crypto price targets with a grain of salt. Kendrick is undoubtedly very intelligent, but as I mentioned above, cryptocurrencies are more volatile than traditional assets, and it's more difficult to value them.</p>
<div class="lb-trans"><p>当然，投资者在考虑加密货币价格目标时应保持谨慎。Kendrick 无疑非常聪明，但正如我上面提到的，加密货币的波动性比传统资产更大，估值也更困难。</p>
</div><p>That said, Ripple has been dogged by the SEC lawsuit for years and can now make more progress in building out its business, which could lead to further adoption of XRP, although investors should keep in mind that there is more competition than there once was.</p>
<div class="lb-trans"><p>也就是说，Ripple 多年来一直受到 SEC 诉讼的困扰，现在可以在发展其业务方面取得更多进展，这可能会导致 XRP 的进一步采用，尽管投资者应记住，竞争比以前更为激烈。</p>
</div><p>Ultimately, I find XRP and its network's uses intriguing, so I certainly wouldn't be surprised to see it take off, especially if interest rates fall and the dollar continues to weaken. But I still find it too volatile to take a large position in it, and I continue to recommend investors keep positions smaller and more speculative for now.</p>
<div class="lb-trans"><p>最终，我发现 XRP 及其网络的用途很有趣，因此我当然不会感到惊讶，看到它起飞，特别是如果利率下降和美元继续走弱。但我仍然觉得它的波动性太大，不适合大规模投资，我继续建议投资者保持较小和更具投机性的头寸。</p>
</div>

根据华尔街分析师 Geoff Kendrick 的建议，应该在其上涨 471% 之前购买的顶级加密货币