Ripple CTO David Schwartz Has Good News for XRP Community

Ripple CTO David Schwartz confirmed to the XRP community that Arthur Britto, mysterious co-founder of Ripple, has made a first-ever post on his 14-year-old X account.

This was seen as good news for Ripple, XRP Ledger, and XRP price. XRP price jumped 9% as the community continued to speculate on major moves due to Britto’s involvement in the company and related firms.

Ripple and XRP Ledger Co-Founder Arthur Britto’s First Post on X

Ripple and XRPL co-founder Arthur Britto ended nearly 14 years of silence with a cryptic post on X containing a single emoji. The community questioned whether the account was hacked or if it was really Britto.

Britto is known for co-founding and co-developing many companies and projects. This includes Ripple, XRPL, PolySign, and Standard Custody & Trust Company.

The post by Britto sparked speculation in the community. Many asked him about the reason for his return after so many years. Whether his comeback is related to Ripple or XRP Ledger, as both gained popularity among big companies.

Ripple has become a leader in the crypto industry, with the most notable being the fight against the U.S. SEC for the classification of XRP as not a security.

Meanwhile, XRP Ledger has become a go-to blockchain for institutions to launch their products or enter the crypto space. The firms include Guggenheim, Ondo Finance, SBI Holdings, and Bank of America, among others.

Ripple CTO David Schwartz Confirmed Britto’s Return

In response to the hack speculation, Ripple CTO David Schwartz confirmed the return of Arthur Britto on X after nearly 14 years. He said, “I can confirm this was not a hack or compromise.

Notably, Britto had joined the social media platform in August 2011 but had never posted until this date, despite a huge number of followers.

Earlier in November last year, David Schwartz revealed that Britto is super private despite notable contributions to Ripple and XRP. He said:

XRP Price Jumps Nearly 10%

XRP price jumped nearly 10% in the past 24 hours, with the price trading at $2.18 at the time of writing.

The 24-hour low and high were $1.97 and $2.21, respectively. Furthermore, the trading volume has decreased by 2% in the last 24 hours, indicating a potential buying by whales or large traders.

CoinGlass data shows that total XRP futures open interest also jumped more than 7% in the last 24 hours. At the time of writing, the total XRP futures OI was up more than 3% to $3.81 in the last 4 hours.

Notably, Arthur Britto believed that XRP could serve as global liquidity for institutional and retail payments.

However, has never directly confirmed a $10,000 price prediction for XRP price. But several reports have widely spread this rumor due to his status as Ripple and XRPL co-founder.

Analyst Dark Defender pointed out that XRP price has reclaimed solid support. He said, “I hope to see the Head & Shoulder crew to $1 to fade away, after XRP touching our Wave 5 targets.”

Analyst EGRAG Crypto predicted that XRP price behavior suggests $2.08 and $2.04 as key retest zones after the price did not close a full daily candle above $2.20.