Ripple’s Former CTO Says XRP Follows the Market, Not a Hidden Plan
David Schwartz says XRP has no secret strategy and that its price generally tracks broader cryptocurrency market movements.
David Schwartz says XRP has no secret strategy and that its price generally tracks broader cryptocurrency market movements. XRP (XRP) is trading at ₹99.12 ($1.06), down 0.6% since this brief published. This is an original Token Times brief based on reporting by BeInCrypto, with live market data added, as of Wed, 11 Nov 2026 07:45:02 UTC.
Schwartz’s comments leave no disclosed mechanism for lifting XRP independently of the wider market, a point of concern for holders seeking a specific catalyst amid broad market weakness.
- Ripple CTO Emeritus David Schwartz denied a secret XRP strategy.
- He said XRP price generally follows the broader cryptocurrency market.
- XRP fell 3.36% over 24 hours and 16.42% over seven days.
- The total crypto market cap stands at $2.52 trillion amid broad declines.
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- Ripple’s Former CTO Says XRP Follows the Market, Not a Hidden Plan — this brief
Ripple CTO Emeritus David Schwartz told frustrated 
XRP holders that there is no concealed plan designed to support the token. According to BeInCrypto, his message was aimed at addressing dissatisfaction among members of the XRP community.
Schwartz also said XRP’s price mostly follows the broader cryptocurrency market rather than moving because of a separate, undisclosed initiative. His comments did not identify a specific catalyst, timetable or strategy for changing that relationship.
The BeInCrypto report presented the remarks as a direct response to holders seeking a clearer explanation for XRP’s performance. No additional plans were disclosed in the report, leaving the focus on the token’s connection to wider market conditions.
That backdrop is weak: XRP trades at $1.061, down 3.36% over 24 hours and 16.42% over seven days, while its market capitalization is $67.41 billion. 
Bitcoin fell 1.23% over 24 hours, and the overall crypto market—capitalized at $2.52 trillion—also declined broadly. The Fear & Greed Index stood at 29, within the fear range. The current data direction is consistent with Schwartz’s description of XRP largely following the market, while concrete announcements would be needed to establish a separate path.
Since this brief published about 8 hours ago, XRP (XRP) has moved from ₹99.69$1.06 to ₹99.12$1.06 — -0.57%.
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 ≈ ₹104.86 (about $1.06), down 4.3% over 24 hours. The rupee itself trades about 5.8% 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.
Ripple’s Former CTO Says XRP Follows the Market, Not a Hidde — questions & answers
Did David Schwartz announce a secret XRP plan?
No. BeInCrypto reported that Ripple CTO Emeritus David Schwartz told holders no secret plan exists.
What drives XRP’s price according to Schwartz?
He said XRP’s price mostly follows the broader cryptocurrency market.
How is XRP performing in the current market?
XRP is at $1.061, down 3.36% over 24 hours and 16.42% over seven days. The overall crypto market is broadly lower, while the Fear & Greed Index stands at 29.
How much is 1 XRP worth in rupee today?
About ₹104.86 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1.06. 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 0.57% since this brief first published — trading at ₹99.12 ($1.06) now versus ₹99.69 ($1.06) 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 BeInCrypto. 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.