Ripple CTO Emeritus Rejects XRP $10,000 Prediction

Ripple's native token remains a major topic in crypto markets, with its price fluctuating near $1.37 to $1.38. However, some analysts have made bold claims about XRP's potential value, suggesting it could reach as high as $10,000.

In response to these claims, Ripple's CTO Emeritus David Schwartz has spoken out, dismissing the idea that XRP could reach such a price. He argued that if even a small chance of such a move existed, wealthy and rational investors would already be buying XRP heavily, pushing up its value.

Schwartz also addressed claims tied to Ripple's escrow holdings, explaining that the system remains visible on-chain and can be tracked by anyone. This has led some to speculate about the true nature of Ripple's partnerships with governments and central banks.