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Altcoins & DeFi

Think Bigger!! Schwartz Calls for Higher XRP Price as 37 European Banks Embrace Ripple

Image: Cryptonews

David Schwartz has delivered a fresh bullish message to frustrated XRP holders, saying that a higher price could make the network more efficient. The Ripple CTO believes XRP has more to gain from successful XRP Ledger adoption than its current market valuation. “The higher the price, the better,” Schwartz wrote in response to a community member questioning whether XRP could support large payment volumes. He explained that higher valuations could make liquidity more cost-effective while reducing slippage during transactions. His comments arrive as XRP trades near $1.10, leaving investors frustrated after another significant market correction. However, developments across Europe’s banking sector are giving the long-term adoption argument fresh momentum.

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