by Coinstrooper Crypto Articles
Quick Take
  • David Schwartz has delivered a fresh bullish message to frustrated XRP holders, saying that a higher price could make the network more efficient.
  • The Ripple CTO believes XRP has more to gain from successful XRP Ledger adoption than its current market valuation.
  • “The higher the price, the better,” Schwartz wrote in response to a community member questioning whether XRP could support large payment volumes.
  • He explained that higher valuations could make liquidity more cost-effective while reducing slippage during transactions.

What Happened

His comments arrive as XRP trades near $1.10, leaving investors frustrated after another significant market correction. However, developments across Europe’s banking sector are giving the long-term adoption argument fresh momentum.

Schwartz’s latest comments address one of the biggest questions surrounding XRP’s investment thesis: whether the token can capture value as the XRP Ledger expands.

Qivalis, a consortium of 37 European financial institutions across 15 countries, is preparing to introduce a regulated euro-denominated stablecoin.

The consortium received Electronic Money Institution authorization from the Dutch central bank in October 2026, bringing its planned stablecoin closer to commercial launch.

BBVA announced an agreement with Ripple in September 2025 to use Ripple Custody technology for its digital asset services. DZ BANK has also worked with Ripple on institutional digital asset custody infrastructure.

Market Context

David Schwartz has delivered a fresh bullish message to frustrated XRP holders, saying that a higher price could make the network more efficient. The Ripple CTO believes XRP has more to gain from successful XRP Ledger adoption than its current market valuation.

“The higher the price, the better,” Schwartz wrote in response to a community member questioning whether XRP could support large payment volumes. He explained that higher valuations could make liquidity more cost-effective while reducing slippage during transactions.

Schwartz Says Higher XRP Price Benefits Network Liquidity

A higher XRP price could make the asset more practical for institutions transferring substantial amounts of money. Each token would represent greater value, potentially reducing the amount of XRP needed for large settlements.

More importantly, deeper liquidity could allow institutions to execute larger transactions without moving the market. That makes XRP’s potential role as a bridge asset particularly interesting for cross-border payments.

That statement gives XRP holders a bigger reason to watch network adoption beyond daily price movements. Schwartz also acknowledged that XRP’s price currently follows broader cryptocurrency market conditions more closely than developments specific to Ripple and the XRP Ledger.

The initiative aims to establish a shared digital euro infrastructure for payments and settlements. It could also help European banks compete with dollar-backed stablecoins dominating the global market.

XRP Price Faces Selling Pressure Despite Bullish Institutional Developments

The immediate market picture remains challenging, but derivatives data offers an interesting contrast. XRP is trading under $1.10, following a sharp correction that pushed the token toward its lowest levels since August.

Binance’s XRP cumulative volume delta recently turned negative, indicating that aggressive market selling exceeded buying activity. This suggests buyers have yet to absorb the latest wave of selling pressure.

Why It Matters

Nevertheless, his comments reinforce the argument that successful network adoption could eventually benefit the underlying token.

However, these figures do not erase the longer-term institutional developments surrounding Ripple. The growing demand for regulated digital asset infrastructure could create opportunities for XRP as financial institutions explore more efficient ways to move value.

Details

Schwartz also offered a strong defense of XRP’s long-term value proposition.

Discover: The Best Token Presales

Ripple’s European Banking Connections Expand to 37 Institutions

The institutional side of the story is becoming increasingly interesting as European banks prepare to expand blockchain-based financial services.

Two particularly interesting members are BBVA and DZ BANK, both of which have existing relationships with Ripple’s institutional custody business.

Their participation in Qivalis highlights how established European banks are increasingly exploring blockchain-based financial products.

Liquidations have also weighed on sentiment. XRP recorded approximately $26 million in liquidations across seven exchanges on November 9, with long positions accounting for 98.4% of the total. Meanwhile, US spot XRP ETFs recorded approximately $10.4 million in net outflows on November 9.