Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
A New XRP Catalyst? Ripple’s Schwartz Teases ‘New Ways People Are Using XRP’ Before Swell 2026

A New XRP Catalyst? Ripple’s Schwartz Teases ‘New Ways People Are Using XRP’ Before Swell 2026

TipranksTipranks2026/06/18 14:27
By:Tipranks

Crypto experts believe XRP (XRP-USD) could be on the brink of gaining a new catalyst. Writing on X, Ripple‘s CTO Emeritus David Schwartz shared his excitement about the upcoming Ripple Swell 2026 meeting in New York City, posting, “The best part of these events is always seeing the new ways people are using XRP and building on the XRP Ledger.” This annual event is on track to be the biggest meeting in Ripple history, bringing together more than 1,500 developers and financial leaders.

Claim 55% Off TipRanks

  • Unlock powerful investing tools and data-driven insights with TipRanks Premium for more confident investment decisions.
  • Discover top stock picks and new investment opportunities through TipRanks' Smart Investor Newsletter.

A lot of people are excited about the meeting because it highlights practical uses for XRP. Ripple executives want to focus entirely on how people use XRP in real life over the long term. Ripple leaders prefer to talk about these everyday uses instead of tracking short-term XRP price moves. This focus lets Ripple show exactly how the network solves real business problems.

Schwartz Explains Core XRP Uses

David Schwartz pointed to several main areas where people are making great progress with XRP. These areas include international payments, turning physical assets into digital forms, online finance, and smart software. In his online post, David Schwartz explained that the best part of these meetings is always seeing the “new ways people are using XRP” to handle daily tasks.

This community focus comes at a time when crypto markets are searching for steady business uses. Data shows that interest in XRP networks is rising as businesses look for faster ways to move money across borders. Connecting software creators with business leaders helps Ripple turn these new ideas into everyday tools.

Ripple Updates XRP Software

To support this growing network, Ripple updated its internal money software to help business clients manage XRP better. This updated platform lets organizations hold and transfer XRP directly within their daily work routines. The software provides live values and clear XRP records so corporate teams can pass regular financial audits easily.

Along with software updates, the XRP network provides a strong base for these business activities. The XRP ledger can finish transactions in less than five seconds for a fraction of a penny, making the network highly efficient for global businesses. These low costs and fast speeds have already allowed Ripple to handle more than 4 billion successful transactions.

Ripple’s Partners Push XRP Growth

Along with these official tools, independent businesses are also expanding how they use XRP without relying directly on Ripple. Multiple startup businesses now use XRP to handle their internal payroll systems and balance their daily cash flows. This independent work shows that the XRP ledger is becoming a standard tool across several different networks.

With so many new projects starting, the upcoming Ripple event will feature well-known speakers from finance and entertainment fields. Attendees will hear from major trading platforms, charity organizers, and tech developers. This wide group shows how deeply Ripple tools are moving into traditional business sectors.

At the time of writing, XRP’s price is sitting at $1.1555.

A New XRP Catalyst? Ripple’s Schwartz Teases ‘New Ways People Are Using XRP’ Before Swell 2026 image 0

Copyright © 2026, TipRanks. All rights reserved.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

The AI boom may follow the path of the 19th-century railway bubble, and builders may not be the ultimate winners

Goldman Sachs analyst Bobby Molavi compared the current situation to the 19th-century British railway mania: 500 companies spent more than the nation's annual income building 8,000 miles of railway, with most early investors losing out, while the real beneficiaries were the later "passengers." He pointed out that the current AI craze is driven by both debt and momentum, and that the S&P 500’s forward P/E ratio of 18x is only "a bit cheaper." Whether the builders can retain value is uncertain, and history does not offer an optimistic answer.

华尔街见闻•2026/11/12 03:56
The AI boom may follow the path of the 19th-century railway bubble, and builders may not be the ultimate winners

If Anthropic's IPO goes smoothly and the stock price rises next week, then everything remains the same for AI. Otherwise, some companies will go bankrupt.

The shrinking valuations of two major giants have triggered a chain reaction—investors are adopting more conservative revenue multiples for AI startups and are directly halting high-valuation financing for companies with zero revenue. Multiple venture capital firms have advised their portfolio companies to lower valuation expectations and to quickly build up cash reserves. Market participants warn that the outcome of Anthropic’s IPO will be a barometer for the industry: if successful, the boom will continue; if it fails, some companies may face elimination.

华尔街见闻•2026/11/12 03:46

After the Brazilian election, political discount deepens; Morgan Stanley remains bullish on Petrobras (PBR.US), focusing on fuel pricing and dividends

Morgan Stanley still maintains its most optimistic "Overweight" rating, but has lowered its year-end 2027 target price from $31 to $25.

智通财经•2026/11/12 03:42
After the Brazilian election, political discount deepens; Morgan Stanley remains bullish on Petrobras (PBR.US), focusing on fuel pricing and dividends

Corning (GLW.US) receives initial "Buy" rating from Jefferies! AI factories driving a fiber optic rush, with a potential global supply gap of up to 30%

For Corning, the recent profit growth mainly comes from the expansion of AI clusters. As the number of optical links crossing cabinets and campuses increases, customers need to deploy more optical fibers within limited conduit and cabinet space, thus driving demand for high-density optical cables and connection systems.

智通财经•2026/11/12 02:47
Corning (GLW.US) receives initial "Buy" rating from Jefferies! AI factories driving a fiber optic rush, with a potential global supply gap of up to 30%