Genfinity founder weighs full XRP exit after seven-year hold
Ryan Solomon says he may liquidate his entire XRP holding, citing the opportunity cost of a prolonged wait despite retaining a $10 price target.
Ryan Solomon says he may liquidate his entire XRP holding, citing the opportunity cost of a prolonged wait despite retaining a $10 price target. XRP (XRP) is trading at ₹103 ($1.10). This is an original Token Times brief based on reporting by The Crypto Basic, with live market data added, as of Mon, 09 Nov 2026 15:15:01 UTC.
A potential sale by a long-term holder highlights how the cost of waiting is weighing on sentiment even when XRP remains part of the founder’s long-term thesis.
- Genfinity founder Ryan Solomon may sell his entire XRP position after seven years
- He still believes XRP could eventually reach $10
- XRP trades at $1.1, down 5.07% over 24 hours and 11.60% over seven days
- Crypto market sentiment remains in fear territory
Genfinity founder Ryan Solomon, also known online as King Solomon, said he is considering selling his entire
XRP position at current prices. The Crypto Basic reported that Solomon has held XRP for seven years and framed the possible exit around the opportunity cost created by continuing to wait.
The potential sale did not amount to a complete rejection of XRP. Solomon said he still believes the asset could eventually reach $10, but he has expressed frustration with what he described as shifting narratives around XRP. His position therefore reflects tension between a remaining long-term price thesis and dissatisfaction with how long the anticipated outcome has taken to materialize.
Only The Crypto Basic reported the comments, so there is no cross-outlet corroboration for Solomon’s stated intentions or the $10 target. No sale was announced in the supplied coverage; the comment was presented as a possibility rather than a completed transaction. His seven-year holding period provides the background for his focus on opportunity cost.
Live data show XRP at $1.1, with a 24-hour decline of 5.07% and a seven-day loss of 11.60%. Its market capitalization is $70.13 billion. The broader crypto market is broadly down, with total capitalization at $2.57 trillion;
Bitcoin is down 1.41% over 24 hours, while the Fear & Greed index stands at 29, indicating fear. What to watch is whether Solomon follows through on a sale and whether his stated $10 conviction remains unchanged as market conditions evolve.
Since this brief published about 3 hours ago, XRP (XRP) has moved from ₹103.45$1.10 to ₹103.36$1.10 — -0.09%.
The chart plots XRP's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 XRP ≈ ₹109.89 (about $1.10), down 5.1% over 24 hours. The rupee itself trades about 6.3% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Genfinity founder weighs full XRP exit after seven-year hold — questions & answers
Why is Ryan Solomon considering selling XRP?
After holding for seven years, Solomon cited the opportunity cost of continuing to wait and frustration with changing narratives around XRP.
Does Solomon still expect XRP to reach $10?
Yes. He said he still believes XRP could eventually reach $10 despite considering a full sale of his position.
Has Solomon confirmed an XRP sale?
No. The Crypto Basic described a possible sale at current prices, not a completed transaction.
How much is 1 XRP worth in rupee today?
About ₹109.89 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1.10. The rupee price moves with both XRP's US-dollar price and the USDT/INR rate; use our XRP in rupee page for any amount.
Has XRP's price moved since this brief was published?
XRP is down 0.09% since this brief first published — trading at ₹103 ($1.10) now versus ₹103 ($1.10) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from The Crypto Basic. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.