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The former CTO commented on his 2017 tweet • Happy Coin News

  • In the community  still haven’t given up hope for a rise in the token price.
  • In search of justification for bullish sentiment, the user turned to the former CTO Ripple To .
  • His answer suggests that the use XRP in payments may act as a bullish trigger.

Words from a former technical director Ripple David Schwartz forced supporters XRP to comment on the cryptocurrency’s price outlook. It all started when Schwartz was asked to clarify his 2017 statement about the price XRP in the context of altcoin development.

In 2017, Schwartz criticized members of the crypto community for claiming that XRP «very cheap.» Then he said it didn’t matter whether it was worth it. XRP $1 or $1 million, since the token’s functionality is unchanged and the cost of its use will be constant.

In 2026, Schwartz explained that, all other things being equal, the higher the price XRP, the cheaper it will be to use it for payments.

One user described the situation as a mathematical model of a currency bridge. He cited examples where it might take a million to move $1 million. XRP in the liquidity pool if the price XRP is $1. At the same time, to move the same volume of tokens XRP It will only take 100,000 XRP, if the price of the cryptocurrency is $10.

Having positively perceived the above, many token owners are considering a potential price increase XRP as a functional problem. In their view, the token’s usefulness in facilitating transactions creates the preconditions for its widespread adoption and subsequent price growth.

Bullish sentiment among users XRP corresponds to Schwartz’s position, expressed almost ten years ago. Meanwhile, Altcoyin The price is struggling with a sideways trend in the range of $1,30 to $1,50. Despite temporary breakouts, the price has repeatedly returned to these ranges.

Settlement of a lawsuit between Ripple and the SEC appeared to have resolved the regulatory uncertainty regarding the relative status XRP, leading many to believe in a future uptrend. Given that this hasn’t materialized yet, the token community is now anticipating a more favorable geopolitical and macroeconomic environment.

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