Overview
- Schwartz, who posted on X on Friday, said a mere 1% chance of XRP hitting $10,000 in 10 years would justify pricing near $20 today.
- He rejected talk of a hidden switch at Ripple or secret government deals and pointed to Ripple’s stated strategy and on‑chain escrow as transparent facts.
- He clarified a resurfaced 2017 remark about XRP not staying “dirt cheap,” saying it described liquidity needs and transaction size rather than a price promise.
- He countered claims that whales could buy only over the counter without moving markets, saying large buyers would eventually lift the price or run out of money.
- The debate revived a valuation model that sets price from transaction volume and speed, yet Schwartz argued extreme targets rest on assumptions markets do not accept, with XRP near $1.37 and about an $85 billion market value.