The
$XRP community was shaken after Ripple’s long-serving Chief Technology Officer, David Schwartz, announced he will step down from his day-to-day role at the end of 2025.
In his heartfelt statement, Schwartz reflected on his 13+ years at Ripple, highlighting his role in co-creating the
$XRP Ledger and guiding Ripple’s technical vision. While stepping back to spend more time with family and personal projects, he will remain connected as CTO Emeritus and continue contributing to
$XRP -related initiatives.
Why This Matters
Schwartz’s departure comes at a delicate time for Ripple:
SWIFT has just announced its own blockchain-powered ledger, backed by over 30 global banks and Consensys.Ripple has long pitched XRP as a SWIFT alternative, but with SWIFT embracing blockchain itself, that narrative faces new pressure.Many investors fear Ripple’s reliance on XRP sales for revenue may not be sustainable as competition intensifies.
“Time to Sell XRP” – Bitlord’s Warning
Early XRP investor and trader Crypto Bitlord, once a vocal supporter, reacted strongly to the news.
He claimed Schwartz’s exit is a red flag, suggesting Ripple could be preparing for an IPO rather than focusing on XRP growth.Bitlord criticized XRP’s lack of explosive price movement, calling it a disappointment after more than a decade of holding.He even warned he would “sell every last cent” if XRP falls back to $2, calling it proof of a failed investment.
Mixed Community Reactions
While many thanked Schwartz for his pioneering contributions and wished him well, others worry about what his departure means for Ripple’s future.
Some investors remain bullish, arguing that negative narratives often precede strong rallies. Meanwhile, Schwartz himself emphasized that his move is personal, not a sign of fading confidence in XRP. He plans to stay active in development, coding, and exploring new XRP Ledger use cases.
Key Takeaway
Schwartz leaving his executive role signals major changes ahead for Ripple. Whether it marks the beginning of new opportunities—or the weakening of XRP’s original vision—remains to be seen.
For investors, the question is simple: Is this a sell signal, or just another storm before the next rally?
#XRP #Ripple #CryptoNews #BlockchainAdoption #XRPLedger 👉 Do you think Schwartz’s resignation is the beginning of the end for XRP, or a fresh new chapter? Comment your thoughts below, tap like, and hit follow for more breaking crypto updates & strategies on Binance Square 🚀💰