Think Bigger!! Schwartz Calls for Higher XRP Price as 37 European Banks Embrace Ripple

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.

The higher the price, the better. A higher price would tend to mean liquidity is more cost-effective and slippage is less.

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.

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.

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

I really do think it's hard to believe we will end up in a world where XRPL is successful but XRP fails to capture a good fraction of that value.

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.

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

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

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

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.

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

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

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.

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

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.

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.

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.

Schwartz’s argument is ultimately about looking beyond the token’s immediate market performance. If the XRP Ledger captures a meaningful share of institutional payments and settlement activity, XRP could become increasingly important as a liquidity asset.

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