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David Schwartz Says XRP Gas Use Is Not a Major Price Driver

Summary by The Crypto Basic
Former Ripple CTO David Schwartz has pushed back against the idea that XRP’s role in paying XRP Ledger transaction fees should be expected to materially drive its price, as frustrated holders continue questioning how network growth ultimately creates value for XRP. The latest exchange followed calls for Ripple to create a stronger XRP use case comparable to the role BNB plays across Binance’s ecosystem.Visit Website
DisclaimerRead with caution - this story is only being covered by one news source that has a ‘low factuality’ rating, which means the outlet has a history of poor reporting practices. Learn more about factuality ratings here.

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David Schwartz, former chief technology officer at Ripple, believes that if XRP Ledger is adopted by the masses, a significant portion of the value generated will flow into XRP…

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🚨 David Schwartz explained that gas usage in $XRP is not the main factor determining its price. 📌 Schwartz said that if XRPL is adopted, some of the resulting value could be reflected in XRP. 🕰️ XRP traded around $1.09 on Monday, having fallen by more than 12 percent in the last seven days. Read More: David Schwartz explains that gas usage is not a determining factor in the XRP price The article "David Schwartz explains that gas usage is not …

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u.today broke the news on Monday, November 9, 2026.
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