🔥 Trade with Pros on Discord → 21 Days Free (No Card)JOIN FREE

Ripple CTO to launch XRPL node, says it’s personal, not official

In this post:

  • David Schwartz returns to XRPL infra, building a high-performance public hub in NYC.
  • XRPL activity surges, hitting 70 million new transactions in 30 days while XRP price jumps 30%.
  • XRPL now has more than 7 million accounts, with over 1 million new signups in 2025.

Ripple’s Chief Technology Officer, David Schwartz, is making a personal return to XRP Ledger (XRPL) infrastructure. This time it’s not through Ripple, but on his own terms. Schwartz says he hasn’t run XRPL infra himself in years, but now plans to deploy a powerful, high-uptime XRPL hub in a NYC datacenter. 

This comes in when XRPL went on to hit more than 70 million new transactions (3.83 billion in total) over the last 30 days. It recorded 13.5 million transactions in the last week, which knocked 1.8 million daily transactions. Ripple’s native crypto, XRP, has posted a surge of over 30% in the last 30 days.

Ripple CTO returns to XRPL infra

Schwartz, in a post, mentioned that it will be equipped with an AMD 9950X CPU, 256GB RAM, and high-speed NVMe storage. He added that the server will run on Ubuntu LTE with a 10GB unmetered connection. This aims to act as a reliable public hub with reserved slots for key validators, hubs, and XRPL applications.

“I haven’t run any XRPL infrastructure myself in a few years,” Schwartz wrote, noting this will be a personal project. While the server will operate with production-grade reliability, he stressed it shouldn’t be relied upon as a single point of failure in a decentralized ecosystem.

Earlier, Schwartz voiced concerns over the stagnation in XRPL usage, despite Ripple working with over 300 banks. He suggested that the core issue is still regulatory uncertainty. Most institutional activity remains off-chain due to compliance hurdles.

See also  Ripple Publishes Expert's Warning on Quantum Threat on Blockchain

On the other side, CEO Brad Garlinghouse had revealed that Ripple has applied for a national bank charter in the US. It looks to join Circle in a push to plug crypto infrastructure directly into the financial system. A national charter means Ripple could bypass traditional banks for settlement and cut costs.

XRPL DEX, AMM volumes on the rise

Ripple recently bagged a partial win in the legal tussle with the US SEC. It has pushed XRP price to surge by around 29% on the year to date (YTD) timeline, outperforming Bitcoin. XRP is trading at an average price of $2.97 at press time. It went on to hit $3.6 in July.

A report by Dune highlighted that XRPL has now surpassed 7 million total accounts. More than 1 million new users joined in 2025 alone, while over 3k new accounts were created daily on average. It added that daily signups regularly exceed 20K.

XRPL’s native DEX and AMM layers have been growing fast in the past 30 days. Its DEX volume grew from 384 million to 465 million XRP. Its AMM volume rose from 350 million to 408 million XRP. However, daily DEX traders averaged around 2,363.

See also  Franklin Templeton filed S-1 form for XRP ETF

Want your project in front of crypto’s top minds? Feature it in our next industry report, where data meets impact.

Share link:

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Most read

Loading Most Read articles...

Stay on top of crypto news, get daily updates in your inbox

Editor's choice

Loading Editor's Choice articles...

- The Crypto newsletter that keeps you ahead -

Markets move fast.

We move faster.

Subscribe to Cryptopolitan Daily and get timely, sharp, and relevant crypto insights straight to your inbox.

Join now and
never miss a move.

Get in. Get the facts.
Get ahead.

Subscribe to CryptoPolitan