🟣 XRP — not just a token, but a VIP persona in XRPL: Ripple's CTO put all the dots over the 'i' 😎
📢 On June 4, Ripple's tech director David Schwartz decided to prioritize things a bit in his social network (X). The reason? Users began hinting that XRPL is no longer just about XRP — there are so many new things: stablecoins, tokenized assets, DeFi, loans, DEX, and all sorts of fun.
📌 Why XRP is 'the one':
— It can be held in any wallet
— It has no counterparty (no bank, no issuer — freedom!)
— All fees on the network are paid with it
— Pathfinding initially looks at XRP
— Autobridging works in its favor
💥 So, wherever you try to exchange token for token — XRP is already there, helping, routing, bridging.
🎯 Schwartz ends a bit philosophically:
"XRPL can create a lot of value… but how much does it actually affect the price of XRP itself? That is the question."
🤔 And indeed: XRP seems to be 'built-in' to the system, but the market doesn't always appreciate it.
📉 Maybe it doesn't appreciate it yet? Or… is this already a spiritual value?🙄