Ripple CTO Emeritus David Schwartz has dismissed claims that XRP could reach $10,000.
Summary
- David Schwartz said the $10,000 XRP prediction does not match normal market behavior.
- Schwartz said old XRP comments were about liquidity needs, not a future price promise.
- He also rejected claims of hidden government XRP deals, calling them conspiracy theories.
His comments came during an online debate about old XRP price discussions and market valuation models.
Schwartz said the idea does not match normal market behavior. He argued that if even a small chance of such a move existed, wealthy and rational investors would already be buying XRP heavily.
Old XRP comments return to focus
The debate followed renewed attention on a 2017 post in which Schwartz discussed XRP liquidity. Some users treated the old comments as a price target, but Schwartz said the post explained transaction needs, not a future price promise.
He had said XRP could not be “dirt cheap” if it handled very large payment flows. Schwartz later clarified that the point was about liquidity, market depth, and settlement size.
Additionally, Schwartz has also rejected claims that XRP is part of secret government or central bank plans. He described such claims as a “conspiracy theory” and warned investors against relying on hidden signals.
He said Ripple’s non-disclosure agreements relate to normal business privacy. According to Schwartz, they do not prove hidden government XRP deals or secret settlement plans.
Ripple seeks clearer market debate
Schwartz also addressed claims tied to Ripple’s escrow holdings. He said the escrow system remains visible on-chain and can be tracked by anyone.
The comments come as Ripple’s native token remains a major topic in crypto markets. XRP (XRP) traded near $1.37 to $1.38, with a market cap above $84 billion, according to crypto.news price data.
