- David Schwartz’s XRP comment reignites debate with critics.
- A critic has accused the Ripple CTO of dumping XRP on users.
- Schwartz reaffirms confidence in the future of XRP.
Ripple CTO’s latest comment on XRP’s price evolution has triggered a fresh debate among the cryptocurrency community members.
In his latest post on X, CTO David Schwartz compared a $100 XRP target today with historical targets, when the cryptocurrency’s price was much lower. This comparison reignited a lasting debate over the main drivers of XRP’s price, with users questioning whether technical, fundamental, or psychological factors determine the cryptocurrency’s value.
What is Really Going on With XRP?
One critic accused him of no longer believing in XRP’s future. Based on his interpretation of Schwartz’s post about his perception of XRP in its early days, the critic concluded that the Ripple CTO dumped the cryptocurrency at $0.10. According to him, the CTO and other members of the XRP core team no longer believed in the cryptocurrency project.
Schwartz responded to the critic, clarifying that his early sales were based on price perception, not a loss of faith. He explained that when XRP was $0.006, a price of $0.25 felt just as unrealistic as $100 does today. He recalled joking about these milestones, emphasizing that early skepticism about specific prices does not reflect doubt in XRP’s long-term potential.
XRP Has Broken Below Crucial Support
The latest debate over XRP’s price evolution started on January 29, after the cryptocurrency experienced increased bearish pressure, declining approximately 9%.
The latest drop confirmed XRP’s break below significant support, with the digital asset dropping to $1.71 for the first time since April 2025. Expectedly, the latest pullback triggered significant FUD among XRP traders and investors, leaving them concerned about the cryptocurrency’s potential to reach previous targets. Despite criticism, Schwartz remained positive about XRP’s future, even though the cryptocurrency traded at a relatively low price of $1.74 at the time of writing.
Related: XRP at Key Support Faces Downtrend Risk as Technical Signals Diverge
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Source: https://coinedition.com/ripple-cto-sparks-xrp-debate-over-100-target-early-sales/