Ripple CTO Says Higher XRP Price Could Improve Global Use

Ripple’s Chief Technology Officer, David Schwartz, says a higher XRP price could help the coin work better for global payments. His view challenges the common belief that a cheaper price makes cryptocurrencies easier to use or adopt.

Ripple CTO Explains Why Price Matters

David Schwartz, Ripple’s Chief Technology Officer, has shared a view that is changing how people think about XRP. He says the token’s price affects how well it can be used in global money transfers.

Many in the XRP community believe a lower price makes it easier for banks to use. Schwartz disagrees. He says the real issue is liquidity, not how cheap a token is. Liquidity means how easily an asset can be traded without changing its price too much.

According to Schwartz, when XRP has a higher price, fewer coins are needed to move large amounts of money. This reduces the number of trades and helps keep the market steady. He says that when the price is too low, big transactions can move the market and cause losses.

His point is that a stronger XRP could make payments faster and smoother. This idea has been shared widely online, especially after it was discussed by a crypto analyst known as CryptoSensei.

Comparing XRP to Bitcoin’s Growth

Schwartz compared XRP to Bitcoin to make his point clear. When Bitcoin was worth $100, someone buying a $1 million asset needed 10,000 BTC. That large purchase would move prices. When Bitcoin’s price rose to over $10,000, the same deal needed only 100 BTC and caused less movement.

He says XRP works in the same way. Whether the price is high or low, $1 million will always equal $1 million. The difference is how smoothly the transaction happens. If the coin price is higher, there is less market pressure and fewer risks for institutions that move large sums.

Meanwhile, on price outlook, analyst Peter Brandt recently identified a rare breakout from a decade-long downtrend. He noted that the XRP could rally to $10 this cycle.

What It Means for Banks and XRP’s Future

Some people think banks want XRP to stay cheap so they can buy more. Schwartz says this is not true. Banks want steady and liquid markets so they can move large amounts of money without big price changes.

He believes a higher XRP price would help create that stability. It could make cross-border payments faster, cheaper, and easier for banks to manage. Schwartz does not predict what XRP’s price should be, but he says $1 would not be enough for global use.

In a separate development, Ripple CTO David Schwartz announced that after more than 13 years with the company, he plans to step back from his day-to-day role and transition out of his full-time position by the end of 2025.