Ripple Chief Technology Officer (CTO) David Schwartz has commented on the XRP Ledger’s (XRPL) real value and the network’s focus. He also declared that the XRPL doesn’t trigger rallies for the XRP price but noted that it makes the token more valuable due to its role on the network.
Ripple CTO Explains XRP Ledger’s Utility And Impact On XRP Price
In an X post , the Ripple CTO stated that the XRP Ledger was designed to provide a fast, cheap, and reliable native token, DEX, and payment system for people who needed those features. This came as he noted that the XRPL was not designed to increase the price of XRP or make it “go up.”
However, the Ripple CTO admitted that greater adoption and use of the XRP Ledger will add value to XRP. He explained that this would happe

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