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Altcoins & DeFi

David Schwartz says XRP gas fees have little impact on token price

Image: CoinTurk News

David Schwartz, former chief technology officer at Ripple and a co-creator of the XRP Ledger (XRPL), addressed misconceptions about the key drivers of XRP’s price performance. Schwartz spoke out on X (formerly Twitter), countering claims that the role of XRP as the native gas token of the XRPL significantly affects the cryptocurrency’s value. Schwartz stated that informed stakeholders rarely argue that using XRP for gas fees is a main influencer of the token’s price. He joined a growing online debate that has focused on the stagnating price performance of XRP, even as Ripple’s ecosystem has continued to expand. Highlighting an earlier post from November 2025, Schwartz elaborated on how widespread adoption of the XRP Ledger may boost the value of its native token, citing several intrinsic features.

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