Sagar Shah (사가르 샤), chief business officer at Evernode, argued that XRP should be judged by real-world utility rather than price, reigniting a long-running debate inside the XRP community.

On Aug. 6, blockchain outlet The Crypto Basic reported that Shah said in a Q&A posted on X that XRP was designed to move value across the financial system and that people should focus on utility rather than price.

"I don't know why XRP is still discussed only in terms of price," Shah said. "XRP was built for movement within the financial system." He said crypto prices keep changing and make headlines, making them the most visible factor. But he viewed XRP's long-term value as better shown by utility. He argued that XRP's value depends on what the network enables, not the token's market price.

He cited liquidity provision, cross-border payments, lending and tokenised assets as use cases in the XRP ecosystem. "What matters is not only the price XRP trades at, but what XRP enables," he said.

The remarks align with a view that treats XRP as payments and tokenisation infrastructure. It reflects the belief that real use and blockchain adoption matter more than short-term prices. But the market quickly pushed back, saying it is hard to separate price from utility.

Crypto lawyer and XRP supporter Bill Morgan (빌 모건) countered that price discussions are unavoidable. "XRP investors already bought XRP expecting that expanding utility would ultimately lead to a higher valuation," he said. Morgan said the investment rationale for XRP was tied to broader adoption from the outset, and that it is natural to expect token prices to rise as utility grows.

Morgan said Shah's remarks could also matter to Evernode investors because Evernode's business model puts XRP at its centre. That raised a view that a company's stance of emphasising only utility while keeping distance from price issues could clash with an investor perspective.

Community reaction was mixed. X user Dustin Sibley (더스틴 시블리) criticised Shah's claim as out of touch with investor expectations and asked whether Evernode was also indifferent to a rise in XRP's price. A community figure, WoK, said it was surprising that Evernode posted such content. Another user said it was natural for investors to focus on price performance, criticising a tendency among developers and industry figures to stress technology while downplaying investment returns.

The debate again highlighted differences inside the XRP community. One side sees XRP as technology for payments and tokenisation, while the other believes that increased real-world use should ultimately lead to an XRP price rise. In that context, discussion around XRP is increasingly likely to continue over how far technology adoption and investor expectations can be separated.

1/4 Why is XRP still discussed as a price story, when it was built for movement? @sagarCBO on why XRP is better understood by what it does than by what it costs. This content is for informational purposes only and does not constitute investment advice. This content may… pic.twitter.com/0oJCG9KZTp