Ripple CTO is the primary man for XRP information this week. David Schwartz finds himself defending a seven-year-old publish {that a} vocal phase of the neighborhood insists was a worth promise.
The timing issues, sentiment is fragile, and the conspiracy theories surrounding Ripple management by no means totally go quiet. What Schwartz stated in 2017 and what XRP holders heard are apparently two very various things.
The controversy resurfaced on X after a person accused Schwartz of intentionally deceptive XRP holders.
The talk centered on a 2017 thread during which Schwartz argued XRP couldn’t be “grime low cost” if it dealt with giant world transaction volumes, utilizing a simple liquidity instance: at $1 per XRP, shifting $1 million requires a million tokens; at $1 million per XRP, a single token does the identical work.
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Schwartz was express this week: the publish defined market mechanics, not a worth goal. He stated deleting the thread would strip helpful context and deepen the confusion quite than resolve it.
The episode provides stress to an asset already navigating uneven technicals, with 21 of 28 tracked indicators flashing bearish as of late April 2026.
Whether or not the market cares about outdated discussion board posts is debatable, however XRP holders clearly do.
Can XRP Value Pump Above $1.61 This Week, or is the Information Holding it Again?
XRP is caught in a good vary round $1.43, and that low volatility normally means a transfer is coming, however proper now the setup leans barely bearish.
Brief-term momentum continues to be holding, which is why XRP worth has not damaged down, however the greater pattern is weakening, with longer-term indicators pointing decrease.
The degrees are clear.
Help sits at $1.39, and that’s the line holding every little thing collectively. Resistance is at $1.61, the primary actual barrier if patrons step in.
If XRP can maintain $1.43 and push with quantity, a transfer towards $1.61 is feasible.
Extra seemingly, although, it simply drifts sideways round $1.41 to $1.43 whereas the market waits for course.
The chance is a break under $1.39, as a result of as soon as that goes, there may be not a lot help instantly beneath, and draw back can open rapidly.
So it is a compression section with a slight bearish tilt, and the following transfer will seemingly be sharp quite than gradual.
LiquidChain (LIQUID): Is This the “XRP” of This Cycle?
XRP round $1.43 is mainly capped within the quick time period, with restricted upside until an actual catalyst reveals up, and that’s the actuality of a big market cap; strikes get smaller and slower.
That’s the reason some merchants look towards earlier-stage infrastructure, the place the upside continues to be forming, even when the danger is increased.
LiquidChain is focusing on that angle, specializing in cross-chain liquidity by connecting Bitcoin, Ethereum, and Solana right into a single execution layer. The concept is to cut back fragmentation so builders and customers can entry a number of ecosystems with out rebuilding.
The presale continues to be early, round $0.01453 with simply over $700K raised, which suggests it isn’t broadly priced but and nonetheless within the accumulation section.
However it is usually unproven. Execution, adoption, and actual utilization are nonetheless unknown, which is the trade-off with early-stage initiatives.
So the distinction is straightforward, XRP gives stability with restricted upside, whereas one thing like LiquidChain gives increased potential, however with increased uncertainty.
The publish XRP Information: Ripple’s CTO Is Being Accused of a Value Promise He Made in 2017: Did He Really Say XRP Would Hit $1 Million? appeared first on Cryptonews.