Known for his lighthearted demeanor, David Schwartz recently offered a typical response to online criticism. Crypto commentator Digital Asset Investor (@digitalassetbuy) highlighted an exchange involving Schwartz on X.
When a community member asked Schwartz for an XRP price update—a common request from those hoping to learn about Ripple’s strategy to boost the asset’s valuation—Schwartz instead provided a literal market update. He stated that XRP was trading “around $1.30 or so, up 2.4% in the past 24 hours.” Digital Asset Investor amusedly described the reply as a “smart aleck answer.”
He further observed that recent attacks directed at Schwartz and Ripple CEO Brad Garlinghouse over XRP had turned “crazy the last few days.” This interaction demonstrates that Schwartz remains unfazed by the ongoing criticism aimed at Ripple’s leadership while keeping his sense of humor intact.
David Schwartz XRP Price Update pic.twitter.com/d4dJGAeGnc
— Digital Asset Investor (@digitalassetbuy) November 5, 2026
The Criticism Surrounding Ripple Leadership
Scrutiny targeting Schwartz and Garlinghouse has escalated lately. Commentators and community members have raised questions about XRP’s role in Ripple’s business as activity surrounding RLUSD expands. Critics have questioned if Ripple’s payment volumes genuinely provide direct benefits to XRP holders, particularly since the token’s price has failed to reflect those milestones.
Additionally, some observers have interpreted public remarks from executives as lacking confidence. The RLUSD stablecoin remains a central point of contention, with critics arguing it is gradually supplanting XRP. Although Ripple has continuously maintained that RLUSD will not replace XRP, the digital asset’s ongoing price struggles amid broader market optimism have left many investors discouraged.
Schwartz continues to participate directly in these discussions. Following inquiries regarding his five-year vision for XRP, he took to X to clarify his perspective, arguing that institutional adoption establishes the necessary foundation for retail participation to follow.
Where XRP Stands Now
When Schwartz initially shared his pricing figures, XRP was valued at roughly $1.30. The token has since declined and currently trades at $1.21, reflecting a drop of more than 7% over a 24-hour period amid ongoing volatility across the wider cryptocurrency market.
Because XRP has had difficulty sustaining recent gains, Schwartz’s lighthearted response drew negative reactions from users who did not appreciate the humor.
While analysts remain confident in XRP’s future, market participants grow increasingly frustrated as the asset repeatedly fails to sustain positive momentum. Holders continually ask how Ripple’s growing partnerships and business expansion will ultimately translate into a higher XRP price.
Frequently Asked Questions
What did David Schwartz say in his XRP price update?
David Schwartz responded to a user asking for a price update by stating that XRP was trading “around $1.30 or so, up 2.4% in the past 24 hours.”
Why are some community members criticizing Ripple leadership?
Critics have questioned whether Ripple’s payment volumes and growing RLUSD activity directly benefit XRP holders, especially as the asset’s price has struggled to reflect positive market news.
Will RLUSD replace XRP?
No, Ripple has consistently affirmed that RLUSD will not replace XRP.
What is David Schwartz’s long-term view on XRP adoption?
Schwartz believes that institutional adoption creates the foundational groundwork required for retail participation to follow.
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Written by
Elara Winter
