The Chief Technology Officer of Ripple, David Schwartz, addressed several popular market theories regarding XRP’s price (XRP-USD) on social media on May 1, 2026. He spoke about the logic behind current XRP token prices and the idea that Ripple holds a secret power to change the value of the asset.
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David Schwartz Presents a Logical Argument for Rational XRP Investors
Schwartz presented a logical argument regarding the behavior of wealthy traders. He stated that “If there were a few very rich, very rational people who really believed that there was a 1% chance that XRP could hit $10K in 10 years, they’d bid XRP up to at least $20 today.” Since the market has not seen this kind of price action, he questioned the situation by asking if it was a “Conspiracy?” This suggests that the current price reflects a lack of confidence from big players in such a high valuation.
The CTO Dismisses the Secret Price Trigger
Many community members have debated whether the firm has an internal way to rapidly inflate the market. Schwartz replied to these questions by noting that there was perhaps a time when a “semi-plausibly argue” could be made for this.
However, he explained that this theory does not hold up in the current environment: “For one thing, circumstances have changed so much that it’s hard to imagine we’ve held onto this magic switch for so long and it’s still just waiting to go.”
Schwartz Defends Ripple’s Transparency Levels
Ripple is making an effort to communicate its goals to the public. Schwartz mentioned that the team has “explained what we’re doing, why we’re doing it, and what we hope to achieve.” He admitted that the firm is not “transparent about everything” but insisted they are not “hiding some grand conspiracy.” This reinforces the idea that the company operates based on long-term business plans rather than hidden market manipulation.
At the time of writing, XRP’s price is sitting at around $1.41.
