Ripple CTO emeritus David Schwartz is again tamping down viral claims that XRP is destined for extreme price targets, rejecting the idea that past comments amounted to a promise and brushing off conspiracy-style theories swirling around Ripple’s role in the market.
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The latest flare-up centers on a resurfaced line from years ago that some holders have treated as a guarantee that XRP couldn’t remain “dirt cheap.” Schwartz has challenged that interpretation, arguing that the statement is being read out of context and does not represent a commitment on future price performance.
Old Posts Surface With Misleading Context
In recent exchanges on X, Schwartz also addressed a cluster of recurring rumors: that Ripple struck a hidden arrangement with government actors, that there is a “magic switch” controlling XRP, or that he’s constrained by a gag order. He has denied those claims, characterizing them as misunderstandings or outright fabrications.
Part of the debate has been fueled by aggressive projections—most notably the recurring $10,000-per-XRP-coin narrative. Schwartz has pushed back, suggesting the market’s current pricing doesn’t support the notion that sophisticated investors broadly assign meaningful odds to such an outcome, at least on the timelines being implied.
That skepticism has landed poorly with some corners of the XRP community, where big-number targets remain a staple. The back-and-forth has further amplified discussion about what, if anything, Ripple insiders can or should say about price without it being treated as guidance.
Institutions Keep Plumbing As Price Overheats
The controversy arrives as XRP-related market infrastructure continues to mature. In other related XRP news, Coinbase has activated “Trade at Settlement” for XRP futures, a workflow designed for institutions to execute block trades with settlement handled later—an approach already familiar in major futures markets.
That kind of incremental market plumbing matters more than any viral screenshot, but it also creates fertile ground for hype. Better execution tools can make it easier for large players to participate, yet they don’t imply a specific directional bet on XRP itself.
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