XRP To $100? Ex-Ripple CTO David Schwartz Weighs In On The Hype

Ex-Ripple CTO David Schwartz believes XRP's current market price reflects its credible near-term potential. He argues that if many rational investors believed XRP could reach $100, the current price would be much higher. Schwartz explained this market math, suggesting that a significant probability of a high future price would drive current demand. He stated that the current price below $10 indicates few people have enough confidence to invest heavily based on such a prediction. Schwartz also touched upon the economics of XRPL, explaining his past statement that XRP "can't be cheap." Lower XRP prices mean more units are needed for transactions, potentially making it more expensive to use. Regarding XRPL scaling, he acknowledged that higher transaction throughput is possible but often burdens node operators. He suggested focusing on increasing the value of each transaction rather than just the number of transactions. Schwartz believes this approach is more sensible given the extremely low XRPL fees. He concluded that it's better to facilitate more useful transactions before throughput becomes a bottleneck.