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๐จ Ripple CTO Clarifies XRPโs Purpose ๐ฌ
David Schwartz stated that the XRP Ledger wasnโt designed to make XRPโs price skyrocket, but rather to enable fast, efficient value transfers. โก๐ธ
This surprised many in the XRP community, especially with renewed speculation around a possible Grayscale XRP ETF.
But hereโs the key part ๐
Schwartz also explained that as XRPL usage increases, demand for XRP naturally grows, since it functions as a bridge asset across the network. ๐
So no โ XRPL wasnโt built to moon.
But increased adoption could still drive XRP upward over time. ๐
