• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Ripple CTO David Schwartz on XRP and Stellar Correlation

user avatar

by Giorgi Kostiuk

2 years ago

  1. Discussion on XRP and Stellar (XLM) Correlation
  2. Market Speculations About the Future of XRP and XLM
  3. Ripple Unlocks 1 Billion XRP Tokens


    4. Ripple's recent activities have reignited interest in XRP. Ripple CTO David Schwartz shared intriguing insights into the correlation between XRP and Stellar (XLM).

    Discussion on XRP and Stellar (XLM) Correlation

    CTO Ripple David Schwartz's recent comments have garnered significant attention within the crypto community. In a discussion initiated in March, Schwartz emphasized the complexity and unpredictability of cryptocurrency markets. Particularly striking was his statement: “I have no idea what factors drive the price of XRP.” While this admission from one of the central figures in the development of XRP Ledger was unexpected, it underscores the difficulty in forecasting price movements. Schwartz also noted: ‘The only real objective data point I have is that XRP tracks the price and market cap of XLM incredibly well over all time frames.’

    Market Speculations About the Future of XRP and XLM

    The correlation between XRP and XLM opens various market speculations. If an investor believes that XLM's price is set to rise due to positive Stellar news, they might also expect XRP to follow suit. However, as emphasized by Schwartz, the drivers of XRP's price are not fully understood. This means that the correlation with XLM may not always hold. Investors should consider the broader market context and the inherent volatility of the cryptocurrency market.

    Ripple Unlocks 1 Billion XRP Tokens

    Ripple has once again unlocked 1 billion XRP tokens. This practice began in 2017 when Ripple placed 55 billion XRP into escrow wallets. Schwartz noted that the amount of XRP actually entering circulation is usually less than the unlocked amount. Debate about the escrow strategy has stirred the community, including Ripple's own leaders. One proposal is the burning of escrowed tokens to reduce their overall supply.

    Ripple's recent actions and David Schwartz's comments highlight the complexity of managing cryptocurrency assets. Questions about the future of XRP and its correlation with XLM continue to spark interest and debates within the crypto community.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Iran Launches Bitcoin-Backed Insurance Service Amid War

chest

Iran has introduced a Bitcoin-backed insurance service for shipping in the Strait of Hormuz as it seeks to navigate US sanctions.

user avatarDavid Robinson

US Inflation Rises Amid Ongoing US-Iran War

chest

US inflation rates are climbing to multi-year highs, influenced by the ongoing US-Iran conflict.

user avatarJacob Williams

US-Iran War Continues with Threats of New Strikes

chest

US President Donald Trump threatens new military action against Iran as the US-Iran war approaches three months without a peace deal.

user avatarAndrew Smith

Bankr Confirms Breach and Pledges Reimbursement

chest

Bankr has confirmed a security breach affecting 14 wallets, leading to unauthorized access and significant losses for users. The platform pledged to cover all losses and advised affected users to check for malware.

user avatarSon Min-ho

Austen Allred's Wallet Drained in Bankr Breach

chest

Tech entrepreneur Austen Allred was a victim of a crypto hack that drained his wallet linked to the Kelly Claude AI assistant. The hacker extracted Ether while leaving his memecoin holdings untouched. The incident occurred on May 19, 2026, on the Bankr platform, which allows users to send plain-language instructions to an AI for executing trades. The breach is believed to be a social engineering scheme. Bankr has temporarily shut down all transaction activities and pledged to reimburse all lost funds.

user avatarZainab Kamara

Nostr VPN Introduces Peer-to-Peer Architecture for Enhanced Privacy

chest

Nostr VPN introduces a unique peer-to-peer architecture that enhances privacy by eliminating central servers and allowing users to operate their own exit nodes.

user avatarAyman Ben Youssef

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.