Ripple’s famous CTO explains why XRP has good Blockchain alongside all other altcoin projects.
David Schwartz says XRP has the best Blockchain
Experienced software developer David Schwartz, Ripple’s chief technology officer (CTO), identifies XRP Ledger’s advantages over its main competitors. XRP Ledger (XRPL) supporters have shared a video from Apex Developer Summit 2022, a large-scale XRPL-centric conference for developers. Ripple CTO David Schwartz explains the recipe for the “secret sauce” of the popularity of XRP Ledger.
Speed, fees, scalability, what else?
In his speech, Schwartz emphasized that XRP Ledger is adopted in 2022. He mentioned operational speed, an attractive fee policy and incredible scalability as the main benefits of XRPL.
David Schwartz Himself – There Is No Comparison To Xrp And The Xrp Ledger🃏#Xrp #XRPL pic.twitter.com/CHXey9bgcF
— XRPJoker🃏 (@joker_xrp) September 9, 2022
XRP Ledger is also known for the environmental friendliness of its validator structure. In addition, XRPL is among the oldest working Blockchain infrastructures. It is worth noting that it has a standing record since 2012. Schwartz also highlights that XRP Ledger is the first Blockchain with a built-in DEX. He states that XRP Ledger has a feature-rich ecosystem of tools for tokenization and liquidity management.
CTO Schwartz, who is also one of the earliest contributors to the technical design of XRP Ledger, added that all these advantages can “differentiate” XRP Ledger from other Blockchains.
Is XRP Ledger poised for major upgrades for the altcoin market?
Earlier cryptocoin.com As we reported, XRP Ledger may soon implement new programmatic features. Both NFTs and core DeFi protocols may be enabled soon. The XLS-20 modification powers the XRP Ledger (XRPL) with the ability to seamlessly support and transfer NFTs
Ripple (XRP) price prediction 2025
Changelly collected an average estimate of $0.47 for XRP at the end of 2022. As for 2025, Changelly provided a maximum range of $1.47 to $1.76 for XRP. Finder’s survey of 36 experts predicts XRP will reach $3.61 by 2025. It’s worth noting that not all of these experts agree with this estimate. Some say that the altcoin price may not even exceed $1 by 2025. Keegan Francis, Finder’s global cryptocurrency editor, disagrees with the panel of experts. He predicts XRP will be $0.50 by the end of 2025 and surprisingly just $0.10 by 2030. According to data published on Nasdaq, the average projection for 2025 is around $3.66.
With all these predictions, we can list the main factors that will affect the price of XRP in the coming years:
- Decision of SEC case
- Public offering after litigation is settled
- Partnerships with Financial Institutions
- Mass Adoption
- Central Banks’ CBDC initiatives
