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XRP Ledger adoption growth may boost XRP demand, says Ripple CTO emeritus David Schwartz

Protocol Fundamentals
04 Nov 2026, 18:54 WIB
Zycrypto
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Bullish
XRP Ledger adoption growth may boost XRP demand, says Ripple CTO emeritus David Schwartz

David Schwartz, Ripple's CTO emeritus, highlighted that increasing use of the XRP Ledger (XRPL) could drive higher demand for XRP due to its unique roles in liquidity, trading, and transaction fees. He emphasized XRP's advantages, such as acting as a liquidity bridge and being the only counterparty-free asset on XRPL, which supports its value capture as the network grows. On-chain data shows record wallet growth on XRPL, suggesting sustained user participation despite price volatility. Analysts see potential for XRP to rise above key price levels if adoption continues, with some bullish forecasts projecting much higher targets.

XRP is trading at Rp23.871 on Pluang, showing a 2.57% gain in the last day. As of Nov 05, 2026 00:02 WIB, its market cap stands at Rp1.506,7 trillion with a 24-hour volume of Rp52,59 trillion, while most Pluang users are selling, with 69% sell orders and 31% buy orders.

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