Ripple CTO emeritus David Schwartz has challenged the widely circulated claim that XRP could reach $10,000. His comments came during an X discussion where users asked him to address long-running price theories within the XRP community. Schwartz said such a target does not match current market behavior, especially with XRP trading near $1.37. He argued that if serious investors believed the target had a realistic chance, the token’s price would already reflect that expectation.
Ripple CTO Schwartz Questions the $10,000 XRP Price Target
The discussion began after an X user asked Schwartz to respond to claims that XRP could eventually reach $10,000. The user referred to a valuation model linked to Chris Burniske, which applies the formula Price = PQ / (V × S). Some market commentators have used the model to support very high projections for digital assets, including XRP.
Schwartz rejected the idea that this model alone can justify a $10,000 XRP price target. According to him, rational markets usually price in future expectations before they fully happen. He said if investors believed there was even a 1% chance of XRP reaching $10,000 within 10 years, buying pressure would already be much stronger.
Schwartz said XRP would likely trade far above its current level if wealthy and rational investors saw a credible path to $10,000. He suggested that such belief could place XRP near $20 today rather than around $1.37. His argument focused on how markets respond to possible future gains when investors see real probability behind them.
The statement comes as XRP holds a market value near $85 billion. At that scale, a move to $10,000 would require a valuation far beyond current adoption levels and available market demand. Schwartz’s response aimed to separate speculative targets from price expectations supported by investor behavior.
Ripple Has No Hidden Price Mechanism
The discussion also turned to Ripple’s role in XRP’s future price action. Another user asked why Ripple does not use its treasury, payment products, or internal systems to push XRP toward higher levels, including $100. Schwartz dismissed the view that Ripple has a hidden tool that can suddenly lift XRP’s value.
He said the idea of a “magic switch” once gained attention among some holders, but it does not match Ripple’s stated approach. According to Schwartz, Ripple has already described its strategy and business goals. While the company does not disclose every internal detail, he said it is not hiding a plan to artificially raise XRP price.
Schwartz’s latest comments follow earlier remarks about Ripple’s business agreements and non-disclosure arrangements. He previously said Ripple’s 1,700 NDAs are standard business contracts, not proof of hidden XRP adoption plans. He also rejected claims that undisclosed partnerships or government-backed programs will suddenly change XRP’s market value.
At the time of writing, XRP price was trading at $1.37, slightly up over the past 24 hours. The token’s market cap stood at $84.76 billion, while 24-hour trading volume fell to $1.62 billion.
