Schwartz backs higher XRP price as 37 European banks expand Ripple use
AI summary
Ripple's David Schwartz argued that higher XRP valuations would benefit the network, pushing back against the token's recent price pressure. The comments come as 37 European banks expand their use of Ripple's technology, widening the company's institutional footprint. Traders will watch whether that banking adoption translates into real XRP demand, since price remains under pressure despite the partnership news.
