Ripple former chief technology officer David Schwartz (데이비드 슈워츠) drew a line under market assumptions around XRP's price. He said it is difficult to expect a price rise simply because XRP is used as the native gas token on the XRP Ledger (XRPL). He stressed instead that real-world use and wider adoption of XRPL could play an important role in shaping XRP's long-term value.

On Nov. 9, U.Today reported that Schwartz wrote on X, formerly Twitter: "I don't think anyone knowledgeable has suggested that XRP's use as gas would be a significant driver of the price of XRP."

The remarks come as debate continues over XRP's role in the XRPL ecosystem amid weak XRP price performance. They were seen as distancing himself from expectations that using XRP to pay fees in the network would be a direct driver of higher prices.

Schwartz focused less on gas usage and more on growth of XRPL itself. Referring again to a post he wrote in November last year, he said increased use and adoption of XRPL would add value to XRP through its privileged position within the ledger.

Schwartz said XRP's competitiveness lies in its structural position in the network. He said XRP has no counterparty risk, is not tied to any specific jurisdiction and holds a preferential position in XRPL's automatic bridging function. He said that if XRPL expands on a large scale, a significant portion of the value from that network growth could accrue to XRP.

Schwartz said, "It's hard to imagine a world where XRPL succeeds and yet XRP doesn't capture a significant amount of its value." He added that XRPL was not designed from the outset with the goal of raising XRP's price. He said the initial development aim was to build a fast and low-cost payment system with a native digital asset and a decentralised exchange function.

The comments come as dissatisfaction among XRP holders grows. XRP traded at about $1.09 as of Nov. 9 and fell more than 12 percent over the past 7 days. As expectations for network expansion have not translated into actual price gains, investors have continued to debate the link between XRPL growth and demand for XRP.

Schwartz also said his influence on XRP's price was not significant. Responding to related criticism, he said: "If you're asking whether I have anything to do with the price of XRP, honestly, probably almost nothing."

Ultimately, the key variable for gauging a long-term rise in XRP's value is expected to be the scale of actual XRPL adoption, rather than simple fee demand. How much structural demand for XRP can expand as network usage grows has emerged as a main point for investors to watch.

@Gg1Vance @MrEllzee @bgarlinghouse I don't think anyone knowledgeable has suggested that XRP's use as gas would be a significant driver of the price of XRP. I think half the answer is here: https://t.co/fCA0rcJQCc