Gate News Report, March 19 — Ripple Chief Technology Officer David Schwartz stated that the current price of XRP may not always align with rational market expectations. Despite XRP’s growing role in payments, regulatory progress, and increasing institutional adoption, the token is currently trading at around $1.50, which some community members believe is undervalued. Schwartz pointed out that while short-term pricing deviations may occur, well-funded market participants typically correct mispricings over time. He emphasized that in open markets, rational participants will act on pricing discrepancies to push prices toward fair levels. Schwartz acknowledged that short-term gaps between market prices and expectations can happen, but due to arbitrage opportunities between private and public markets, these deviations do not persist.
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