Ripple’s former CTO says XRP has no undisclosed roadmap or price catalyst
David Schwartz told frustrated XRP holders that the token’s price generally tracks broader market conditions and that Ripple is not hiding a special plan.
David Schwartz told frustrated XRP holders that the token’s price generally tracks broader market conditions and that Ripple is not hiding a special plan. XRP (XRP) is trading at $1.06, up 0.6% since this brief published. This is an original TLT brief based on reporting by BeInCrypto, with live market data added, as of Wed, 11 Nov 2026 06:00:05 UTC.
Schwartz’s comments directly address concerns among XRP holders who may believe the token is following a concealed strategy. His assessment places XRP within the wider crypto market rather than presenting it as having an independent, undisclosed catalyst.
- Schwartz says XRP generally follows broader market movements
- Ripple’s former CTO says there is no secret XRP plan
- XRP fell 3.52% over 24 hours and 15.68% over seven days
- Crypto sentiment remained fearful with the Fear & Greed index at 29
Ripple CTO Emeritus David Schwartz responded to angry 
XRP holders by saying the token’s price mostly follows the broader market. BeInCrypto reported that Schwartz also denied the existence of a secret plan for XRP, directly addressing speculation that undisclosed actions might be driving the token’s performance.
The statement comes as XRP trades at $1.056. The token has declined 3.52% over the past 24 hours and 15.68% over seven days, leaving its market capitalization at $67.03 billion. Those losses occurred against a broadly weaker crypto market, where 
Bitcoin was also down 1.56% over 24 hours.
The total crypto market capitalization stands at $2.52T, while the Fear & Greed index is at 29, placing sentiment in the Fear category. In that environment, Schwartz’s description of XRP as largely market-linked is consistent with the wider downward direction of the data, although the supplied coverage does not establish a direct causal connection between any specific action and XRP’s decline.
Schwartz’s comments matter because they clarify the absence of a concealed XRP catalyst in his view rather than identifying a new development for the token. With XRP showing a larger seven-day decline than Bitcoin’s reported 24-hour move, market participants are likely to focus on broader sentiment, the token’s $1.056 price, and whether its performance continues to align with the wider crypto market. No new Ripple initiative, price target, or formal timeline was announced in the coverage.
Since this brief published about 6 hours ago, XRP (XRP) has moved from $1.06 to $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 TLT'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 ≈ ₦1,476.24 (about $1.06), down 3.4% over 24 hours. The naira itself trades about 2.9% above the official rate on the P2P market, so a Nigerian 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 has no undisclosed roadmap or p — questions & answers
Did David Schwartz announce a new XRP plan?
No. BeInCrypto reported that Schwartz said there is no secret plan for XRP and did not announce a new initiative or timeline.
What does Schwartz say drives XRP’s price?
He said XRP’s price mostly follows broader market movements, with no undisclosed strategy cited as a separate driver.
How is XRP performing amid current market conditions?
XRP is at $1.056, down 3.52% over 24 hours and 15.68% over seven days. The broader crypto market is also down, while the Fear & Greed index stands at 29.
How much is 1 XRP worth in naira today?
About ₦1,476.24 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $1.06. The naira price moves with both XRP's US-dollar price and the USDT/NGN rate; use our XRP in naira page for any amount.
Has XRP's price moved since this brief was published?
XRP is up 0.57% since this brief first published — trading at $1.06 now versus $1.06 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT 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 TLT 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.