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Ripple’s CTO is facing renewed scrutiny over a claim from 2017—did he really say XRP could reach $1 million?

by Arshi
April 28, 2026
in Latest Crypto News
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Ripple’s CTO has ended up at the center of XRP chatter again this week. David Schwartz is pushing back on criticism over a post he made seven years ago—one that some in the community still claim was a price promise.

The timing isn’t great. Market sentiment is already shaky, and debates around Ripple’s leadership never really disappear. What Schwartz says he meant back in 2017 and what some XRP holders believe they heard seem to be two completely different things.

The issue picked up steam again on X, where a user accused Schwartz of intentionally misleading investors.

At the heart of it all is a 2017 thread. In that post, Schwartz explained why XRP wouldn’t stay “cheap” if it were used for massive global transactions. He used a simple example: if XRP is priced at $1, moving $1 million would require a million tokens. But if each token were worth $1 million, you’d only need one.

This week, Schwartz made his position clear—he wasn’t predicting a price, just explaining how liquidity works. He also said removing the post now would only make things more confusing by stripping away context.

Even so, the situation adds another layer of pressure to XRP, which is already dealing with uncertain market signals. As of late April 2026, most technical indicators are leaning bearish.

Whether old forum posts should matter is up for debate—but clearly, for many XRP holders, they still do.

So, where does XRP go from here?

Right now, XRP is trading in a pretty tight range, hovering around $1.43. Typically, this kind of low volatility signals that a bigger move is coming—but at the moment, the bias leans slightly downward.

Short-term momentum is still holding things together, which is why the price hasn’t dropped sharply. But zoom out a bit, and the broader trend looks weaker, with longer-term indicators pointing south.

The key levels are pretty straightforward. Support sits around $1.39—that’s the level keeping things from slipping further. On the upside, $1.61 is the first real hurdle if buyers step in.

If XRP can stay above $1.43 and see some solid buying volume, a push toward $1.61 isn’t off the table. But the more likely scenario, at least for now, is sideways movement somewhere between $1.41 and $1.43 as the market waits for a clearer direction.

The real risk is a drop below $1.39. If that level breaks, there’s not much support immediately below, which could lead to a faster downside move.

In short, XRP is in a compression phase—with a slight bearish edge—and when it breaks out of this range, the move will probably be sharp rather than gradual.

What about alternatives?

With XRP’s large market cap limiting short-term upside, some traders are starting to look elsewhere—especially at early-stage infrastructure projects where the potential gains can be bigger, even if the risks are higher.

One example getting attention is LiquidChain. The project is aiming to tackle cross-chain liquidity by linking networks like Bitcoin, Ethereum, and Solana into a single layer. The goal is to make it easier for developers and users to move across ecosystems without rebuilding everything from scratch.

Right now, it’s still in the early presale stage, priced around $0.01453 with roughly $700K raised. That means it hasn’t been fully priced in yet and is still in what many would call the accumulation phase.

Of course, that also means it’s unproven. Adoption, real-world use, and execution are all still question marks.

That’s the trade-off. XRP offers relative stability but limited short-term upside, while newer projects like this come with higher potential—but also a lot more uncertainty.

Arshi

Arshi

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