Ripple CTO David Schwartz recently shared a cautionary story about selling Ethereum, reflecting on the regret of parting with 40,000 ETH at $1. The post sparked speculation within the XRP community, with members interpreting it as a subtle encouragement to hold onto their XRP, even if its price dips below $1. Some believe Schwartz is hinting at potential future gains for XRP, drawing parallels to a rewarding outcome of patience. Schwartz also recounted a similar experience involving his father’s investment in apple stocks for house renovation, which later saw a significant increase.
During a substantial bull market in the crypto space, XRP remained relatively stagnant, causing frustration among community members who expected more movement in its price despite the overall positive market trend.
Uphold’s Vault Wallet To Host XRP
In recent developments, Uphold has introduced its self-custody wallet, Vault, as part of its strategic initiative to cater to the extensive XRP user base. Uphold’s CEO, Simon McLoughlin, emphasizes Vault’s simplicity and user-friendliness, addressing common challenges associated with self-custody.Simultaneously, XRP has witnessed a notable surge in value, breaking through the $0.60 resistance. As of the latest update, XRP is trading at $0.694080, boasting a 8.31% increase in the past 24 hours and a 12.83% rise in the last 7 days, with a 24-hour trading volume reaching $20 billion.
