Update
David Schwartz Links XRPL Adoption to XRP Demand and Value
Ripple CTO Emeritus David Schwartz argues that increased adoption of the XRP Ledger (XRPL) could boost demand and price for XRP, which is used for transaction fees and reserves on the ledger. Schwartz suggests that XRP's value is captured from activity on the XRP Ledger through counterparty-free acceptance and transaction-fee payments.