XRP Was Never Designed To Be Dirt Cheap — JoelKatz Explains The Real Vision
For years, many have viewed XRP through the lens of price speculation, hoping it would remain cheap long enough to accumulate massive holdings. However, David Schwartz is pushing back on that narrative, making it clear that XRP was never designed to stay cheap. Instead, its value is deeply tied to its role as a high-efficiency bridge asset for global payments, where utility drives long-term pricing. David Schwartz Challenges The Cheap XRP Narrative In a recent X post, Diana revealed that the Ripple ex-CTO David Joelkatz Schwartz has revisited one of his most widely discussed statements....
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Crypto pundit BarriC has declared that XRP was never designed to be cheap, given its projected utility among institutional players. He also indicated that the altcoin could reach at least $1,000 as it continues to gain greater adoption among these institutions. Crypto Pundit Says XRP Not Designed To Be Cheap In an X post, BarriC stated that XPR was never designed to be cheap and that it was designed to move institutional value. He gave an example of how a larger amount of XRP will be needed if an institution wants to execute a $1 million cross-border transaction. Specifically, he....
Real Vision CEO and co-founder has predicted that Ethereum is set to begin a 300% rally. Pal has always been a staunch advocate of the cryptocurrency and numerous times has he made his stance on the digital asset clear. Pal is a supporter of cryptocurrencies, with 100% of his investment portfolio consisting of cryptocurrency assets […]
The high-speed smart contract platform has suffered full or partial outages at least seven separate times over the last twelve months. Network outages continue to be the Solana network’s biggest challenge, according to its co-founder Anatoly Yakovenko.Launched in 2020, the Solana network has suffered a number of network outages, which have come from a number of different congestion and spam events, according to Yakovenko. In a Sept. 2 interview with Real Vision co-founder Raoul Pal, Yakovenko said the network outages had been Solana’s “curse,” but said the outages have resulted because of....
A user lost 6,000 XRP after falling for a scheme that promised to double their funds. That case is one of several being reported as scammers step up their efforts against XRP Ledger users, prompting a public warning from Ripple’s former chief technology officer. Related Reading: Bitcoin Faces Major Test As 37% Recovery Collides With Bear Resistance Fake Offers Hiding In Plain Sight David Schwartz, known online as JoelKatz, posted the alert on X after what he described as a sharp rise in fake airdrop and giveaway activity. He warned that nearly all such offers seen across social....
Ripple Chief Technology Officer (CTO) David Schwartz has commented on the XRP Ledger’s (XRPL) real value and the network’s focus. He also declared that the XRPL doesn’t trigger rallies for the XRP price but noted that it makes the token more valuable due to its role on the network. Ripple CTO Explains XRP Ledger’s Utility […]