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Ripple's David Schwartz says his influence on XRP price is minimal amid community frustration.

Market News
08 Nov 2026, 08:20 WIB
UToday
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Bearish
Ripple's David Schwartz says his influence on XRP price is minimal amid community frustration.

David Schwartz, former CTO of Ripple and an original architect of XRP Ledger, addressed accusations that he is responsible for XRP's price decline. He admitted his influence on XRP's price is minimal but not zero, amidst a year-long 50% drop in XRP's value. Schwartz also criticized hostile behavior from some community members on social media, stating he blocks users who disrupt discussions regardless of their stance. Although he stepped down from daily duties in 2025, Schwartz remains on Ripple's board and holds the honorary CTO Emeritus title, continuing to engage with the team regularly.

David Schwartz's comments about his limited influence on XRP's price come as the token shows stability on Pluang, trading at Rp21,093 with a slight 0.08% increase as of Nov 08, 2026, 13:41 WIB. XRP's market cap stands at Rp1.336,12 trillion, with a 24-hour trading volume of Rp19,32 trillion. On Pluang, buying interest remains strong with 72% of orders as buys and a typical hold time of 73 days, indicating steady investor engagement.

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