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Ripple CTO’s XRP Price Prediction Shocks Crypto Community

19h ago
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Ripple CTO David Schwartz has ignited a heated discussion in the crypto space by explaining how a higher XRP price could improve transaction efficiency. His insights, shared via crypto analyst Brett (@Brett_Crypto_X), suggest that as XRP’s value increases, fewer tokens are needed for large transactions, potentially reshaping the asset’s future.

Schwartz laid out a simple calculation to illustrate his point. If XRP were valued at $1, a $1 billion transaction would require 1 billion XRP. However, at $10 per XRP, only 100 million XRP would be needed. If the price climbed to $1,000, just 1 million XRP would suffice. This logic supports the idea that as XRP’s value rises, the system becomes more efficient since fewer tokens are required for large-scale transactions.

Token Velocity and XRP’s Price Growth

Not all XRP enthusiasts are convinced. One X user, All Things XRP, has been questioning whether XRP’s high token velocity, due to fast transaction speeds in Ripple’s On-Demand Liquidity (ODL) system, could limit price appreciation. They suggested that mechanisms like Automated Market Makers (AMMs) or tokenization could help reduce circulating supply, potentially driving XRP’s value higher by increasing scarcity.

Doubts and Debates Within the Crypto Community

Some XRP supporters view Schwartz’s explanation as a positive signal, believing it reinforces the token’s real-world use case. However, not everyone is convinced. An X user, BUNNY, brushed off the speculation, calling it “just another crypto fantasy,” arguing that XRP’s speed and utility don’t necessarily mean its price will rise.

This ongoing debate reflects the uncertainty surrounding XRP’s future value. While some believe its adoption and efficiency will drive significant price growth, others remain skeptical, questioning whether utility alone is enough to push XRP to new highs

Can XRP’s Price Skyrocket?

Schwartz’s take on XRP’s future has sparked fresh discussions in the crypto community. Some supporters believe that as XRP’s use cases expand and supply remains controlled, its value could naturally increase over time. They argue that more companies and institutions adopting XRP for transactions will create sustained demand, eventually driving prices higher.

On the other hand, skeptics warn that utility alone doesn’t always translate to price growth. An X user, BUNNY, dismissed the speculation as “another crypto fantasy,” pointing out that fast transaction speeds and institutional use don’t guarantee long-term appreciation. With strong opinions on both sides, the debate over XRP’s future remains unsettled. Investors are now watching closely for any signs that could indicate where the asset is headed next.

The post Ripple CTO’s XRP Price Prediction Shocks Crypto Community appeared first on Coinfomania.

19h ago
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