This Ripple CTO’s Statement Shows XRP Can’t Remain Cheap

Brett (@Brett_Crypto_X), a popular cryptocurrency expert on X, recently pointed to past remarks made by Ripple CTO David Schwartz to reinforce the long-standing argument in the XRP community that the token cannot remain low in price if it is to fulfill its intended utility at scale. In a post on X, Brett stated, “This is why $XRP can’t be cheap. $10,000 is imminent,” referencing Schwartz’s explanation of why higher XRP prices support large-scale value transfers. This is why $XRP can’t be cheap $10,000 is imminent 🤝 David Schwartz explained that with a higher XRP price, less XRP is needed to move the same transaction amount. For the transfer of 1 billion US dollars, the following applies: pic.twitter.com/XtTUQPQyxV — Brett (@Brett_Crypto_X) April 20, 2025 Ripple CTO Explains Why XRP Can’t Be Cheap Brett referenced tweets by Schwartz in November 2017, where he outlined a basic economic reality of transacting large sums via XRP. “If XRP costs $1, they’d need a million XRP, which would cost $1 million. If XRP cost a million dollars, they’d need one XRP, which would, again, cost $1 million,” he explained. This logic is often used to argue that the price per XRP must rise to efficiently facilitate high-value transactions, especially those involving institutional-scale cross-border payments. A recent Coinbase report revealed that XRP is attractive to institutions , and as adoption increases, the asset’s price will have to follow to ensure it can handle the required volume. Schwartz also addressed how market dynamics support this pricing logic. In a follow-up, he wrote, “Higher prices make payments cheaper,” using Bitcoin’s price evolution to make the case. When Bitcoin was priced at $300, he noted, attempting to buy a million-dollar house would require the movement of a large number of tokens. Schwartz noted that this would move the market too much and be too expensive to be practical. At higher prices, fewer tokens are needed, reducing market slippage and making transactions more manageable. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Institutional Impact and Market Dynamics In another tweet, Schwartz clarified how XRP transactions with institutions are handled. He noted that institutional sales of XRP are “handled on a case-by-case basis” and typically “come with lockups,” meaning they do not directly affect the public market. With institutions showing significant interest in XRP, this distinction adds to the asset’s appeal. The broader implication of these arguments is that XRP’s price must be sufficiently high to support its utility as a bridge asset for large-scale transfers. As the token is used to facilitate liquidity between fiat pairs, a low price would require excessive volume to settle large sums, creating practical limitations on the asset’s utility. While XRP has faced hurdles recently, the logic presented by Schwartz continues to shape investor expectations. The premise is straightforward: if XRP is to be used to settle transfers of billions of dollars, the token’s price must be high enough to make it possible without disrupting markets. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post This Ripple CTO’s Statement Shows XRP Can’t Remain Cheap appeared first on Times Tabloid .

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