Key Notes

David Schwartz praised XRPL’s low fees, public design, and growing tokenization.

Repeated XRP transfers between exchanges indicating possible wash trading have surfaced.

XRPL activity has dropped, with transactions down 38% and payments falling nearly 50% in a month.

Ripple’s Chief Technology Officer, David Schwartz, expressed confidence in the XRP Ledger’s long-term role in global finance amid surfacing allegations of XRP XRP $3.10 24h volatility: 5.3% Market cap: $184.60 B Vol. 24h: $10.94 B price manipulation within the crypto community.

Defending a 13-Year Track Record

Schwartz described the XRP Ledger (XRPL) as a proven foundation for payments and tokenized assets, noting its 13-year history of development, adoption, and institutional us

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