{"id":37369,"date":"2025-07-17T02:54:11","date_gmt":"2025-07-17T02:54:11","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=37369"},"modified":"2025-07-17T02:54:11","modified_gmt":"2025-07-17T02:54:11","slug":"ripple-cto-says-xrp-price-doesnt-correlate-with-true-value-what-this-means","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=37369","title":{"rendered":"Ripple CTO Says XRP Price Doesn\u2019t Correlate With \u2018True Value\u2019 \u2014 What This Means"},"content":{"rendered":"
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In a recent post on the social media platform X, Ripple Chief Technology Officer David Schwartz lent his voice to the discussions regarding XRP\u2019s price and its true value. Based on his remarks, the Ripple CTO insinuated <\/a>that XRP\u2019s price movements often do not align with its \u201ctrue value\u201d or utility. His remarks came as part of a larger thread reacting to Ethereum\u2019s recent break above $3,000 and questions about XRP touching the $3 price level again<\/a>.<\/p>\n

Ripple CTO Highlights Price And Utility Disconnection<\/h2>\n

Recent price action saw XRP trade at $3 again on July 14 for the first time since February 1. This came off the back of an interesting price surge that saw XRP increase by about 25% within a short timeframe. Amidst these price movements.\u00a0Ripple\u2019s CTO, David Schwartz, responded to a user\u2019s question on the social media platform X about\u00a0his views on\u00a0<\/a>XRP reaching $3 again by expressing mixed feelings about focusing on price.<\/p>\n

Schwartz stated that he always feels good when prices are increasing, <\/a>but it\u2019s difficult to judge the right amount of focus that should be placed on price, given how inconsistent it is with underlying progress and it doesn\u2019t seem to correlate very much with other good things like solving real-world problems. He continued by noting that this disconnect isn\u2019t necessarily permanent, but it is very noticeable in the short term.\u00a0<\/p>\n

In an effort to explain how XRP\u2019s use cases extend beyond the XRP Ledger (XRPL), Schwartz made a comparison to how Bitcoin functions beyond its native blockchain. The Ripple CTO pointed to the XRP Ledger\u2019s Ethereum Virtual Machine (EVM) sidechain, where XRP is being used as <\/a>a currency despite not being directly tied to XRPL transactions in that environment. According to him, this indirect usage still contributes meaningfully to the token\u2019s utility.<\/p>\n

\u201cA good analogy is XRP being used as a currency on the EVM sidechain. It\u2019s not a direct use of XRP on XRPL, but it\u2019s still part of the utility and value of XRP as a currency,\u201d Schwartz said.<\/a><\/p>\n

What Does This Mean For XRP?<\/h2>\n

Basically, David Schwartz pointed out the fact that XRP\u2019s value generation is not restricted to where it is natively hosted. This is much like how Bitcoin derives functional value across centralized exchanges, wrapped versions, and other layer-2 solutions. Therefore, XRP\u2019s application beyond the XRP Ledger<\/a> still represents a meaningful measure of its utility, even if it doesn\u2019t currently reflect in market pricing.<\/p>\n

Although many XRP investors are currently tied to short-term price milestones<\/a>, Schwartz\u2019s comments point to real-world usage and cross-chain adoption as better indicators of<\/a> XRP\u2019s \u2018true value\u2019 in the long term. In terms of true value, the best true value could come if XRP and the XRPL are fully adopted by banks. Interestingly, central banks are already tapping in.<\/a><\/p>\n

At the time of writing, XRP is trading at $2.96, up by 2.2% in the past 24 hours.<\/p>\n

\"Ripple\"<\/div>\n","protected":false},"excerpt":{"rendered":"

In a recent post on the social media platform X, Ripple Chief Technology Officer David Schwartz lent his voice to the discussions regarding XRP\u2019s price and its true value. Based on his remarks, the Ripple CTO insinuated that XRP\u2019s price movements often do not align with its \u201ctrue value\u201d or utility. His remarks came as […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-37369","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/37369","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=37369"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/37369\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=37369"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=37369"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=37369"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}