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TimesTabloid 2025-05-23 08:38:31

When Ripple CTO Said XRP Can’t Be Cheap: If XRP Costs $1, They Would Need a Million XRP

When Ripple CTO Said XRP Can’t Be Cheap: If XRP Costs $1, They Would Need a Million XRP

Prominent crypto influencer Discover XRP (@DiscoverXRP) recently shared an image on X featuring past remarks made by Ripple Chief Technology Officer David Schwartz on why XRP can’t remain at low prices. Discover XRP expressed confidence in the digital asset, calling on everyone who believes it can reach $100 to repost Schwartz’s message. .. #XRP cannot continue to remain at a low price. Repost if you are confident in its potential to reach $100 or more. Let's go to the moon! pic.twitter.com/OLf6BSR38Y — Discover XRP (@DiscoverXRP) May 21, 2025 Why Cheap XRP Doesn’t Work The post captioned a tweet shared by Schwartz on November 21, 2017. In the tweet, he explained the impracticality of XRP being “dirt cheap” if the asset were to fulfill its role in high-value transfers. Schwartz’s statement suggests that low prices could create inefficiencies in transfers. He stated, “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.” When moving large sums of money, such as those handled by banks, payment providers, or remittance services, it is more efficient to use fewer tokens of higher value. A higher price means fewer tokens are required per transaction, reducing network load, speeding up settlement, and minimizing the strain on the total supply. Token Efficiency and System Scalability The need for XRP to increase in price ties directly to its goal of being a scalable liquidity solution. As Ripple’s global network grows , maintaining a low price would require large amounts of XRP to be locked up in each transaction. This would strain the ecosystem and make tokens less available for other real-time use cases. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 A higher price, on the other hand, ensures that the same transaction value can be transferred with fewer tokens, keeping the supply liquid and available system-wide. This is especially important in scenarios where multiple institutions are using XRP simultaneously. XRP’s Attempts to Capture New Markets A good example of this phenomenon is Ripple’s foray into the tokenization market. Ripple plans to dominate this market with XRP, and recent projections suggest that the asset could reach $54 by capturing just 20% of the market . If the token remains too cheap, the amount required per transaction balloons, which can hinder throughput and raise the risk of supply shortages during peak periods. As utility grows, the asset’s price must rise to meet the demand and preserve its speed and efficiency. Other experts have shared bullish predictions for the asset, predicting prices of almost $300 if it captures just 20% of the global stock market . This prediction makes Discover XRP’s $100 target feasible, and with the asset’s accelerating adoption, the asset may hit that target soon. 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 When Ripple CTO Said XRP Can’t Be Cheap: If XRP Costs $1, They Would Need a Million XRP appeared first on Times Tabloid .

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