Ripple CTO Makes Big Clarity on Bitcoin and XRP Price
2025-07-15 12:02:22
Main Idea
Ripple CTO David Schwartz emphasizes the importance of long-term utility over short-term price movements for XRP and Bitcoin, highlighting their roles in solving real-world problems and expanding cross-chain utility.
Key Points
1. XRP recently surpassed the $3 price milestone, while Ethereum reclaimed $3,000, sparking market buzz.
2. Schwartz stresses that focusing on solving real-world problems and long-term utility is more important than short-term price fluctuations.
3. Bitcoin's current use case is acknowledged as limited, but its role in a multi-layered ecosystem is emphasized, particularly with Layer 2 solutions.
4. XRP's utility extends beyond its native XRPL, including use in EVM sidechains and cross-border liquidity flows, showcasing its relevance in a multi-chain ecosystem.
5. Schwartz's comments underline that real value in crypto comes from problem-solving and innovation, not just market hype.
Description
Ripple’s Chief Technology Officer, David Schwartz, has offered a timely and thought-provoking perspective on recent developments in the crypto market, particularly XRP’s rise above the $3 mark and Ethereum’s reclaiming of $3,000. In a series of posts on X, Schwartz addressed the enthusiasm surrounding these price movements while urging the community to look beyond market speculation and focus on long-term utility. Price Milestones and Market Sentiment At the time of writing, XRP is trading at ap...
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