- Ripple’s CTO emeritus says a $10K XRP is unrealistic, as markets would already price that expectation in.
- He argues real investor belief would have pushed XRP far above $1.37 by now.
- Ripple has no “magic switch” or hidden plan to suddenly boost XRP’s value.
Ripple’s CTO emeritus, David Schwartz, has poured cold water on the popular prediction that XRP could one day reach a $10,000 price.
With XRP currently trading around $1.37 and holding a market cap near $85 billion, Schwartz’s comments highlight a gap between community expectations and market reality.
The $10,000 XRP Theory
Notably, the discussion started when an X (formerly Twitter) user asked Schwartz to respond to popular theories suggesting XRP could reach $10,000.
The user referenced a valuation model popularized by Chris Burniske, which uses the formula: Price = PQ / (V × S). This model has been widely used by influencers to justify extremely high price targets for digital assets like XRP.
“If $10K Was Possible, Price Would Be Higher Today”
In response, Schwartz explained that if wealthy and rational investors truly believed there was even a 1% chance that XRP could hit $10,000 within 10 years, they would already be buying aggressively.
According to him, that kind of belief would likely push XRP’s price to at least $20 today, not $1.37.
His point is that markets tend to price in future expectations. If the $10K scenario were realistic, current prices would already reflect some of that optimism.
No “Magic Switch” to Boost XRP
Meanwhile, another user questioned why Ripple doesn’t simply use its own products, like its treasury and payment systems, to drive XRP’s price higher, possibly toward $100 or more.
Schwartz dismissed the idea that Ripple has any hidden mechanism to suddenly increase XRP’s value. He noted that while some may have once believed in a “magic switch” that could boost the price, that idea no longer holds up today.
According to him, Ripple has already explained its strategy and goals. While the company isn’t fully transparent about every detail, it is not hiding any grand plan to artificially pump XRP’s price.
This latest statement aligns with what Schwartz said last week: there are no hidden, game-changing XRP projects tied to Ripple’s 1,700 NDAs. He explained these agreements are standard business practice, not evidence of secret adoption plans.
Schwartz dismissed speculation that undisclosed deals will suddenly boost XRP, stressing that “what you see is what you get.”
Related: Former Ripple CTO: There Are No Secret US Govt Plans for XRP
He added there’s no long-term hidden initiative or government-backed plan involving XRP. In follow-up comments, he warned investors against relying on conspiracy theories, noting that big secret-event narratives are “almost always false.”
Reality Check for XRP Holders
In sum, Schwartz’s comments offer a reality check for the XRP community, where bold predictions like $1,000 and $10,000 per coin continue to circulate.
While such projections can drive excitement, they clash with basic market logic and current adoption levels. Schwartz’s message is that expectations should be grounded in reality, not speculation.
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