- Arthur Britto stressed that XRPL’s ecosystem and apps matter more than XRP’s price.
- David Schwartz said liquidity and spreads are more important than XRP’s market value.
- Some XRP holders reacted negatively, questioning long-term price expectations and holding strategy.
A fresh discussion around the XRP Ledger (XRPL) has reignited debate in the crypto community about what truly drives long-term value: the price of XRP or the strength of the network behind it.
Early XRPL architect Arthur Britto recently echoed a view long held by developers inside the ecosystem: XRPL is bigger than XRP itself. According to Britto, the real focus should be on the network, its liquidity, quality assets, and applications that quietly power real-world finance behind the scenes.
The original vision of XRPL, he said, was to create a global exchange where users can hold and trade anything of value. In that vision, XRP and XRPL act as the invisible plumbing of both consumer and institutional finance.
Liquidity Matters More Than Price
That idea was reinforced by David Schwartz, who explained that XRP’s price is often less important than its liquidity.
Schwartz said that if someone is simply converting dollars to euros, they do not care about XRP’s price direction. What matters is whether XRP has enough liquidity to act as an efficient bridge asset. In simple terms, deep liquidity and tight spreads make XRP useful, regardless of whether it trades at $1 or $100.
However, Schwartz’s comments sparked frustration among some XRP holders after he said it was unlikely that XRP would reach $50–$100, while also admitting he had previously underestimated both XRP and Bitcoin in their early days.
“While I don’t think it’s likely, I didn’t think it was likely that XRP would ever hit $0.25. I started selling XRP at $0.10 because it seemed insane. I remember when bitcoin hitting $100 seemed like an impossible dream,” he said.
Some investors took this as a sign that insiders no longer believe in XRP’s upside potential, questioning why they should continue holding the asset. One user said, “These guys don’t even believe it anymore.”
“That Does Not Mean XRP Failed”
Pro-XRP lawyer Bill Morgan argued back strongly against that narrative. He said that selling early or doubting high price targets does not mean a project has failed.
Morgan also compared it to Bitcoin, saying that many early holders sold at low prices, believing higher levels were unrealistic. Bitcoin, later reaching much higher prices, did not mean those early decisions reflected a lack of belief or that the asset itself had failed.
Related: XRP at Key Support Faces Downtrend Risk as Technical Signals Diverge
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.