Schwartz Links XRPL Adoption to Potential XRP Demand

Ripple CTO emeritus David Schwartz said greater adoption of the XRP Ledger could translate into stronger demand for XRP. According to ZyCrypto, his argument centers on the token’s role in providing liquidity, facilitating trading and supporting transactions across the network. The report presents this as Schwartz’s view rather than a demonstrated relationship between adoption and price. Schwartz also challenged the idea that the XRPL could develop into a major financial platform without its native token. That position places XRP at the center of the ledger’s proposed utility, although the supplied coverage does not provide supporting adoption figures, transaction data or evidence quantifying the potential increase in demand. XRP was trading at $1.31 at the time of the market snapshot, gaining 2.40% over 24 hours and 0.31% over seven days. Its market capitalization stood at $82.95 billion. These moves provide current context but do not establish that Schwartz’s comments caused the price change or that they confirm the adoption thesis. The broader crypto market was broadly higher, with total capitalization at $2.76 trillion and Bitcoin up 3.52% over 24 hours. The Fear & Greed index remained at 34, indicating a fearful market environment despite the positive session. The development matters because it highlights a mechanism through which greater XRPL activity could support XRP usage, while continued ledger adoption, liquidity and transaction activity are the relevant measures to monitor.