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Ex-Ripple CTO doubts XRP Ledger can thrive without XRP gaining significant value share

Protocol Fundamentals
11 Nov 2026, 17:36 WIB
Tokenpost
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Neutral
Ex-Ripple CTO doubts XRP Ledger can thrive without XRP gaining significant value share

David Schwartz, former CTO of Ripple, expressed skepticism on Nov. 9 about the XRP Ledger's success if XRP itself does not capture a meaningful portion of the ledger's value. He did not specify what a "good fraction" means or provide a timeline for this value capture, leaving open questions about how ledger growth benefits XRP holders. The discussion highlighted uncertainty over how much demand ledger activity creates for XRP and when holders might see value appreciation. This reflects ongoing debates about XRP's role and value within the XRP Ledger ecosystem.

XRP is trading at Rp19.307 on Pluang as of Nov 11, 2026 22:51 WIB, showing a 3.22% increase over the past day. The token's market cap stands at Rp1.216,68 trillion with a 24-hour trading volume of Rp41,54 trillion, indicating active interest despite debates about its value capture within the XRP Ledger. Pluang data also shows a balanced order activity with 56% buying and 44% selling, and a typical hold time of 73 days, reflecting steady investor engagement.

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