David Schwartz Says $XRP’s Use for Transaction Fees Is Not a Significant Driver of Its Price. Former Ripple CTO David Schwartz says XRP’s use for paying transaction fees on the XRP Ledger was never expected to be a significant driver of its price. He made the remarks in response to an XRP holder who argued that Ripple should establish stronger use cases for the token. Schwartz instead highlighted XRP’s unique role on the ledger, including its use as a bridge asset through the network’s autobridging feature. Schwartz also explained that greater XRP Ledger adoption does not automatically translate into higher XRP prices. He noted that the network was designed to provide fast, low-cost payments and trading infrastructure, not simply to increase the token’s value. With XRP trading around $1.09 after falling more than 20% over the past month, questions remain about how growing network activity will create value for XRP holders. #Ripple https://t.co/auhLZBy8MR