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Ripple CTO Predicts XRP to Benefit from XRPL's Growing Success

Ripple's former CTO David Schwartz suggests XRP's value could rise as the XRP Ledger gains traction in financial applications.

Ripple's former CTO David Schwartz suggests XRP's value could rise as the XRP Ledger gains traction in financial applications. XRP (XRP) is trading at ₹121 ($1.28), down 2.3% since this brief published. This is an original Token Times brief based on reporting by U.Today, with live market data added, as of Fri, 23 Oct 2026 23:15:01 UTC.

Why it matters

This highlights the potential for the XRP Ledger's adoption to positively impact XRP's value, underscoring the symbiotic relationship between the technology and its native token.

Key takeaways
  • Ripple's ex-CTO emphasizes XRPL's growing use in financial applications.
  • XRP's market cap stands at $82.49B with a current price of $1.31.
  • The development suggests potential for XRP's value to rise with XRPL's success.

Ripple's former Chief Technology Officer, David Schwartz, has suggested that the XRP Ledger's expanding role in financial applications could have a positive impact on XRP's value. According to U.Today, Schwartz's comments underline the potential for the ledger's success to drive demand for XRP.

The XRP Ledger has been gaining traction in various financial applications, which Schwartz believes will not leave XRP behind. This perspective suggests a close link between the ledger's technological advancements and the cryptocurrency's market performance.

Currently, XRP is priced at $1.31, with a 24-hour change of -0.09% and a 7-day change of +0.06%. The cryptocurrency's market cap stands at $82.49 billion, reflecting its significant presence in the broader crypto market.

The total crypto market cap is at $2.79 trillion, with the overall market remaining relatively flat. Bitcoin, the largest cryptocurrency by market cap, is down 0.09% in the last 24 hours. The Fear & Greed Index is at 50, indicating a neutral market sentiment.

Schwartz's comments come at a time when the XRP Ledger is seeing increased adoption, which could potentially drive further interest in XRP. Investors and stakeholders will likely watch for any signs of accelerated adoption of XRPL in financial applications as a potential indicator of XRP's future performance.

Market reaction since this brief Live

Since this brief published about 2 hours ago, XRP (XRP) has moved from ₹124.32$1.31 to ₹121.47$1.28 — -2.29%.

$1.28$1.29$1.29$1.30$1.31 published · $1.31 now · $1.28 (-2.29%) Oct 23 21:30 UTC Oct 23 23:15 UTC
BeforeSince publishPublished · ₹124.32$1.31

The chart plots XRP's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.

What this means in rupee

At today's peer-to-peer rate, 1 XRP ≈ ₹130.27 (about $1.28), down 1.8% over 24 hours. The rupee itself trades about 7.2% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.

Live market data

Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.

XRP
#5
₹121.47$1.28 ▼ 1.84%
-2.29% since this brief published
7d -1.38%MCap ₹7.69TFull XRP data →
The market when this published · October 23, 2026
Total market cap₹265.21T
Bitcoin 24h-0.09%
Ethereum 24h+0.29%
BTC dominance58.5%
Fear & Greed50 · Neutral

Ripple CTO Predicts XRP to Benefit from XRPL's Growing S — questions & answers

What is the current price of XRP?

XRP is currently priced at $1.31 with a 24-hour change of -0.09%.

How might XRPL's success impact XRP?

XRPL's growing adoption in financial applications could drive demand for XRP, potentially increasing its value.

What is the total crypto market cap?

The total crypto market cap is $2.79 trillion, with the market remaining relatively flat.

How much is 1 XRP worth in rupee today?

About ₹130.27 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1.28. The rupee price moves with both XRP's US-dollar price and the USDT/INR rate; use our XRP in rupee page for any amount.

Has XRP's price moved since this brief was published?

XRP is down 2.29% since this brief first published — trading at ₹121 ($1.28) now versus ₹124 ($1.31) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.

Which outlets reported this story?

This is an original Token Times brief that synthesises reporting from U.Today. It is not a copy of any one article — follow the source links above for the original reporting.

In this storyRipple Company
Token Times Newsdesk Data-stamped

Token Times's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · October 23, 2026 ⛓ Timestamped at Bitcoin block #972,835 sha256:27bfea4437053ce9
Based on reporting by U.Today — this is an original Token Times summary with live market data, not the original article.U.Today · Oct 23 21:30 ↗

Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.