Ripple's Chief Technology Officer David Schwartz made it clear that the original design purpose of the XRP Ledger was not to enhance the market value of XRP, but to establish a fast, reliable, and low-cost global payment network. This clarification is a response to ongoing discussions within the community about the factors driving XRP's price.
He emphasized that the practical value of XRPL is higher than its purely speculative attributes. The value of XRP comes from its characteristics as a bridge asset and its censorship-resistant nature, with its utility naturally growing as network transaction volumes increase, rather than through price manipulation or marketing efforts by the company.