• David Schwartz says that XRP price will correlate with its utility value in the long term despite the headwinds in the short term.
• Ripple CTO believes the adoption of XRP as a wrapped version on other chains is crucial for its long-term growth.
• XRP price is on the cusp of entering its euphoric phase of the 2025 altseason.

Ripple Labs’ chief technology officer (CTO) David Schwartz has welcomed the recent crypto pump- led by Ethereum (ETH) and XRP. Schwartz noted that he is of the view that bull markets are vital to reward investors. However, Schwartz highlighted that most altcoins continue to record lower prices in the short term, which is not a true representation of the underlying utility.

According to Schwartz, crypto prices will eventually catch up with their respective real-world utility, especially in the long haul. Nonetheless, he noted that the set of actual real-world problems being solved by crypto assets is considerably small.

“I always feel good when prices are high because I hate to think that people are losing money. But I’m truly not sure how much focus on price is the right amount, especially since price doesn’t seem to correlate very mu…

The post Is XRP Still Undervalued? Ripple CTO Weighs In After Price Jump appeared first on Coin Edition.

• David Schwartz says that XRP price will correlate with its utility value in the long term despite the headwinds in the short term.
• Ripple CTO believes the adoption of XRP as a wrapped version on other chains is crucial for its long-term growth.
• XRP price is on the cusp of entering its euphoric phase of the 2025 altseason.

Ripple Labs’ chief technology officer (CTO) David Schwartz has welcomed the recent crypto pump- led by Ethereum (ETH) and XRP. Schwartz noted that he is of the view that bull markets are vital to reward investors. However, Schwartz highlighted that most altcoins continue to record lower prices in the short term, which is not a true representation of the underlying utility.

According to Schwartz, crypto prices will eventually catch up with their respective real-world utility, especially in the long haul. Nonetheless, he noted that the set of actual real-world problems being solved by crypto assets is considerably small.

“I always feel good when prices are high because I hate to think that people are losing money. But I’m truly not sure how much focus on price is the right amount, especially since price doesn’t seem to correlate very mu…

The post Is XRP Still Undervalued? Ripple CTO Weighs In After Price Jump appeared first on Coin Edition.