Ripple CTO Praises XRP Surge, But Says Price Still Undervalues Asset

Ripple’s Chief Technology Officer, David Schwartz, recently shared his thoughts on the rising prices of major cryptocurrencies. In a post on X, Schwartz expressed satisfaction over Ethereum’s impressive rally past the $3,000 mark, stating that it was good to see ETH hit that milestone again. However, his post quickly drew attention from XRP supporters. Dom Kwok, co-founder of EasyA, questioned Schwartz about his opinion on XRP’s recent performance. The token had also recorded substantial gains, pushing its price above $3.

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 much with other good things like solving real-world problems.
— David 'JoelKatz' Schwartz (@JoelKatz) July 14, 2025

CTO Welcomes XRP Gains But Urges Caution on Price Obsession

Responding to the inquiry, Schwartz noted that he was always happy when XRP and other crypto assets rose in value. He explained that such surges mean investors are no longer holding onto losses. Despite the excitement, he advised caution, stressing that price movements shouldn’t dominate discussions.

According to Schwartz, price increases don’t always align with an asset’s potential to solve real-world problems. He emphasised that utility and long-term value are more important than short-term price fluctuations.

XRP Price Lags Behind True Value, Schwartz Insists

In a follow-up message, Schwartz firmly stated that XRP’s current price does not accurately reflect its actual value. He believes the token’s true value lies in its utility and its role in solving real-world financial challenges. Although the market hasn’t fully priced in XRP’s potential, Schwartz remains hopeful that the long-term valuation will eventually align with its real-world use.

His opinion aligns with a growing sentiment among XRP advocates who argue the token remains grossly undervalued. Several financial institutions, such as Santander Bank and SBI Holdings already use XRP for fast and affordable cross-border transactions. Yet, the asset’s market price continues to fall short of its perceived utility.

XRP Faces Brief Rally, Then Slips Below $3 Again

XRP recently benefited from the broader crypto rally driven by Bitcoin’s surge. The asset briefly reclaimed the $3 mark for the first time since February 1, 2025. However, the price dropped shortly after and now trades at around $2.87.

This dip aligns with a broader market correction affecting Bitcoin, Ethereum, and other primary tokens. Despite the recent decline, XRP continues to show a strong weekly performance, with a 27% increase. While Schwartz celebrates XRP’s short-term success, he advises investors to focus on the utility of XRP rather than its price alone. As adoption grows among banks and fintech firms, many hope the market will eventually recognise XRP’s true value.

Lanre Durojaiye

Mr. Durojaiye Olusola is a finance graduate and cryptocurrency writer with over a year of experience providing market insights and clear, well-researched analysis. Dedicated to helping readers understand blockchain trends and digital asset developments.

Disclaimer: The information in this article should not be considered financial advice, and FXCryptoNews articles are intended only to provide educational and general information. Please consult with a financial advisor before making any investment decisions.