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When Ripple CTO Said He Will Take XRP Private At $420

When Ripple CTO Said He Will Take XRP Private At $420


TimesTabloid
2025-10-08 05:02:15

An old post from Ripple Chief Technology Officer David Schwartz has resurfaced, exciting many investors about XRP’s future. In the post, originally made in February 2023, Schwartz wrote, “I’m taking XRP private at $420. Funding secured. This is a joke.” While his post was intended as a joke, some community members saw it as a prediction. Now, nearly three years later and following his announcement that he will step down from his operational role later this year, some community members are revisiting it with a sense of curiosity as they speculate about the timing of his planned exit. Mason Versluis (@MasonVersluis), a well-known figure in the cryptocurrency space, recently shared the post , describing it as the “Best tweet ever.” The resurfacing of the post comes as many XRP holders are debating the long-term trajectory of the digital asset and Ripple’s evolving role in the global financial landscape. Throwback to David Schwartz joking that he’s taking $XRP private when we hit $420 per coin. Best tweet ever lol. pic.twitter.com/o3X4X6VNnu — MASON VERSLUIS (@MasonVersluis) October 5, 2025 Schwartz’s Role and Community Reflection David Schwartz has been a central figure in the XRP ecosystem for more than a decade, widely regarded as one of the architects of the XRP Ledger . His upcoming transition to CTO Emeritus and a board position at Ripple marks the end of an era in the company’s leadership. For many community members, this move represents the completion of his foundational work . Several users online have drawn parallels between Schwartz’s departure and major turning points in other technology projects. The general sentiment among many is that his decision to step back means the company’s infrastructure and network technology are now complete. Within XRP circles, this has fueled optimism that Ripple’s institutional expansion could accelerate as the year closes. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 What About XRP’s Price? The resurfaced tweet originally circulated as a lighthearted moment within the crypto community. However, what was once treated purely as humor has now taken on a symbolic meaning for some XRP advocates. The timing of Schwartz’s upcoming departure has given the tweet new relevance among investors who believe XRP could soon enter a period of accelerated growth because of the CTO’s completed work. XRP is currently trading at $2.97, and Versluis’s post revived enthusiasm among XRP supporters who see Schwartz’s planned exit as a positive signal rather than a setback and believe in the $420 target. As Schwartz prepares to conclude his tenure as Ripple’s CTO, optimism is growing among XRP holders that his final chapter could coincide with a defining phase for the asset . Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post When Ripple CTO Said He Will Take XRP Private At $420 appeared first on Times Tabloid .


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