XRP News Today: Ripple CTO Deploys High-Power XRP Ledger Hub in New York

Ripple’s Chief Technology Officer, David Schwartz, is set to deploy a powerful XRP Ledger (XRPL) hub in a New York City datacenter, marking a personal return to XRPL infrastructure after years of stepping away [1]. The hub is designed to run with high availability and will be equipped with an AMD 9950X CPU, 256GB RAM, and high-speed NVMe storage, running on Ubuntu LTE with a 10GB unmetered connection. It will serve as a public node with reserved slots for key validators, other hubs, and XRPL applications.

Schwartz emphasized that this is a personal project and not affiliated with Ripple, but he stressed its potential to strengthen the network by offering a reliable node in a key financial hub. He acknowledged, however, that no single node should be considered a point of failure in a decentralized system [1]. The deployment comes as the XRP Ledger recently hit over 70 million new transactions in the last 30 days, with a weekly high of 13.5 million transactions and a daily average of 1.8 million [1].

Meanwhile, XRP’s price has surged over 30% in the past month, reaching a peak of $3.6 in July and trading at an average of $2.97 at press time. The growing adoption is reflected in the network’s user base, which now exceeds 7 million accounts. Over 1 million new users joined in 2025 alone, with daily signups frequently surpassing 20,000 [1]. Additionally, the XRP Ledger’s decentralized exchange (DEX) and automated market maker (AMM) volumes have seen growth, rising to 465 million and 408 million XRP, respectively, within the last 30 days [1].

The move aligns with broader strategic efforts by Ripple, including its recent legal progress against the U.S. Securities and Exchange Commission and its application for a national bank charter in the U.S. CEO Brad Garlinghouse has stated that a national charter could enable Ripple to bypass traditional banks for settlements, reducing costs and enhancing efficiency [1]. This infrastructure expansion and legal strategy reflect Ripple’s long-term vision to integrate XRP and XRPL more deeply into the global financial system.

As the XRP Ledger continues to evolve, the addition of high-performance hubs like the one in New York is expected to support greater scalability, security, and real-time payment capabilities, further positioning Ripple as a key player in the cross-border payment landscape [1].

Source: [1] https://coinmarketcap.com/community/articles/688de64068cc6762938d9dd0/