XRP’s $1.10 Detour Has David Schwartz Calling for a Higher Price to Smooth the Ride

David Schwartz said XRP’s price could rise as the XRP Ledger gains adoption, arguing that a higher valuation would make large-scale payments more efficient. The Ripple CTO made the comment on November 9, 2026, while discussing whether XRP could support high payment volumes.

“The higher the price, the better,” Schwartz wrote in response to a community member. “A higher price would tend to mean liquidity is more cost-effective and slippage is less.”

Schwartz said each token representing greater value could reduce the amount of XRP required for large settlements. He also said deeper liquidity could help institutions move substantial sums with less slippage, a factor relevant to the XRP Ledger’s adoption by 37 European banks.

The comments came as XRP traded near $1.10 following a significant market correction. Schwartz’s position focuses on how wider use of the XRP Ledger could affect the token’s utility and market valuation.