Ripple's Schwartz Debunks XRP Price Myth

David Schwartz, the former chief technology officer at Ripple and one of the creators of the XRP Ledger (XRPL), has dispelled one of the most common myths regarding the key factors that could impact the price of XRP. The former Ripple CTO took to the X social media platform to challenge the idea that the use of XRP as the native gas token of the XRP Ledger could be a major factor in determining the price of the cryptocurrency. "I don't think anybody who knows anything has said that the use of XRP as gas will be a major driver of the price of XRP," Schwartz wrote.

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