June 8, 2025

Ripple CTO David Schwartz Defends XRP Utility Amid Historic Price Drop

1 min read

The crypto market has been experiencing intense selling pressure recently, causing major cryptocurrencies to plummet, with XRP hitting its lowest price since March 2023. Ripple’s Chief Technology Officer, David Schwartz, addressed community concerns, shifting focus to XRP’s utility rather than its investment potential. Schwartz’s comments sparked mixed reactions, with some community members feeling that his

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