Schwartz Links XRPL Growth to Potential XRP Demand
Ripple CTO emeritus David Schwartz said wider XRP Ledger adoption could increase demand for XRP as its network roles expand.
Ripple CTO emeritus David Schwartz said wider XRP Ledger adoption could increase demand for XRP as its network roles expand. XRP (XRP) is trading at ₹124 ($1.31). This is an original Token Times brief based on reporting by ZyCrypto, with live market data added, as of Thu, 05 Nov 2026 07:15:01 UTC.
Schwartz's argument links network adoption to the token's utility within the XRPL economy, making XRP activity a relevant indicator alongside broader ledger growth.
- Schwartz says broader XRPL use could support demand for XRP
- XRP serves liquidity, trading, and network-transaction roles
- XRP trades at $1.31, up 2.91% over 24 hours
- Total crypto market capitalization stands at $2.76 trillion
- XRP's History of Massive Gains After Stagnation Suggests Potential for Future Growth
- Ripple CTO Highlights XRPL's Potential to Boost XRP's Value
- Schwartz Links XRPL Growth to Potential XRP Demand — this brief
According to ZyCrypto, Ripple CTO emeritus David Schwartz used an October 23 exchange on X to argue that increasing adoption of the
XRP Ledger could translate into stronger demand for XRP. His case centered on the token's functions within the ledger, including liquidity provision, trading, and network transactions.
The argument presents XRPL adoption and XRP demand as connected: if more financial activity takes place on the ledger, greater use of XRP for those functions could follow. This is Schwartz's stated thesis rather than a reported price forecast or a documented result from a specific adoption period.
ZyCrypto is the only outlet in the supplied coverage, so there is no independent corroboration of Schwartz's position or additional figures describing adoption, liquidity, or transaction activity. The report did not claim that the ledger had already reached a particular size or that future adoption would guarantee a higher XRP price.
Live market context shows XRP at $1.31, with a 24-hour gain of 2.91% and a seven-day increase of 1.48%; its market capitalization is $82.77 billion. The broader crypto market is broadly higher, with total capitalization at $2.76 trillion and
Bitcoin up 4.12% over 24 hours. The Fear & Greed Index stands at 50, classified as Neutral, while XRP's recent gains provide market context but do not establish a direct link to the October 23 remarks.
Since this brief published about 14 hours ago, XRP (XRP) has moved from ₹123.95$1.31 to ₹123.95$1.31 — +0.00%.
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.
At today's peer-to-peer rate, 1 XRP ≈ ₹132.98 (about $1.31), up 2.9% over 24 hours. The rupee itself trades about 7.3% 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.
Schwartz Links XRPL Growth to Potential XRP Demand — questions & answers
What did Schwartz say about XRPL adoption?
According to ZyCrypto, Schwartz argued that rising XRP Ledger adoption could produce stronger demand for XRP as the token is used for liquidity, trading, and network transactions.
How is XRP performing in the supplied market data?
XRP is priced at $1.31, up 2.91% over 24 hours and 1.48% over seven days, with a market capitalization of $82.77 billion.
What is the broader crypto market sentiment?
The Fear & Greed Index is 50, placing sentiment in Neutral territory. Total crypto market capitalization is $2.76 trillion, and Bitcoin is up 4.12% over 24 hours.
How much is 1 XRP worth in rupee today?
About ₹132.98 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1.31. 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.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from ZyCrypto. It is not a copy of any one article — follow the source links above for the original reporting.
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.