Ripple CTO emeritus says XRPL adoption will likely boost XRP price

David Schwartz, Ripple ’s CTO emeritus and a founding architect of the XRP Ledger (XRPL), stated that wider adoption of the network could directly increase demand for its native digital asset, XRP. Schwartz, who has long been a central figure in both Ripple and XRPL’s development, discussed the potential relationship between the ledger’s success in financial applications and the value of XRP during a recent exchange on X. He expressed doubt about the possibility of the XRP Ledger becoming widely adopted as a major financial infrastructure platform without XRP seeing a corresponding rise in demand or value.