Ripple CTO Highlights Why XRP Price Must Rise to Scale Transactions

XRP’s price is facing scrutiny as cryptocurrency expert Brett (@Brett_Crypto_X) echoes Ripple CTO David Schwartz’s views, arguing that the token cannot remain cheap if it aims to fulfill its intended purpose for large-scale transactions. Schwartz’s rationale centers on the inverse relationship between XRP prices and transaction volumes. 10,000 USD is imminent, he believes, citing how high price points facilitate more efficient value transfers. This logic is supported by Schwartz’s historical observations: with higher XRP prices, less XRP is needed to move the same amount of money, significantly impacting cost-effectiveness for large transactions.