🚨 Early $XRP Investor Calls to “Sell XRP#” After Big News

Ripple’s longtime Chief Technology Officer, David Schwartz, has announced he will step down from day-to-day duties at the end of the year — after more than 13 years with the company.

In his farewell note, Schwartz reflected on his journey co-creating the XRP Ledger and guiding Ripple’s tech vision. He said he now wants to spend more time with family and personal projects, though he’ll remain involved as CTO Emeritus and a member of Ripple’s board.

While many in the XRP community thanked him for his contributions, the news also triggered concern about Ripple’s future.

✨ Crypto Bitlord Reacts

Influential trader and early XRP investor Crypto Bitlord seized on the announceme

nt, warning it may be “time to sell XRP.”

He argued Ripple faces growing pressure after SWIFT partnered with Consensys and 30+ banks on its own blockchain ledger.

He claimed Ripple’s dependence on XRP sales for cash flow is a weakness.

And he suggested Schwartz’s board move is more about prepping for a potential IPO than growing XRP’s value.

✨ Community Split

Some long-term holders share Bitlord’s frustration. After more than a decade, XRP has yet to deliver the “life-changing” returns many hoped for. Others, however, see the rising negative sentiment as a contrarian bullish signal.

✨ What’s Next?

Ripple is entering a period of transition just as competition intensifies. Financial institutions may prefer to upgrade existing systems like SWIFT rather than adopt XRP, weakening its case as a “SWIFT killer.”

Still, Schwartz made clear he isn’t abandoning the ecosystem. He plans to stay active in XRP development and explore new use cases for the XRP Ledger outside Ripple’s current roadmap.

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⚖️ Bottom line: Schwartz’s exit is a big moment for Ripple. For investors, it’s decision time — either see this as the end of an era, or the start of a new chapter for XRP.