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XRP Debate Resurfaces as David Schwartz Continues Avoiding Token Purchases

David Schwartz’s apparent distance from buying XRP has renewed scrutiny of Ripple’s business model, adoption claims and expectations for the token.

David Schwartz’s apparent distance from buying XRP has renewed scrutiny of Ripple’s business model, adoption claims and expectations for the token. XRP (XRP) is trading at $1.05, down 0.8% since this brief published. This is an original TLT brief based on reporting by CryptoPotato, with live market data added, as of Thu, 12 Nov 2026 01:15:03 UTC.

Why it matters

The renewed debate puts Ripple’s operating model and claims about XRP adoption back under scrutiny, while the token remains sharply lower over the past week.

Key takeaways
  • CryptoPotato reports Schwartz has avoided buying XRP for years
  • His comments revived debate about Ripple’s model and XRP adoption
  • XRP trades at $1.057, down 18.91% over seven days
  • The broader crypto market is flat, with Fear and Greed at 28
The story so far · 4 briefs
  1. XRP Veteran David Schwartz Objects to Persistent Spam on His Posts
  2. David Schwartz Rejects Overblown Claim of Control Over XRP Prices
  3. Schwartz Rejects XRP Transaction-Fee Thesis as Token Slides
  4. XRP Debate Resurfaces as David Schwartz Continues Avoiding Token Purchases — this brief

CryptoPotato reports that David Schwartz has not bought XRP in years and that his latest comments triggered renewed debate about the token. The coverage frames the discussion around Ripple’s business model, its adoption claims and the expectations attached to XRP, although it does not provide further details about the comments themselves. This is a single-source report, with no additional outlet coverage supplied to corroborate or contradict CryptoPotato’s account. The renewed attention therefore concerns Schwartz’s expressed reluctance to increase his XRP holdings and the questions it raises about how the market should evaluate Ripple and the token.

XRP is trading at $1.057, up 0.73% over 24 hours but down 18.91% over seven days. Its market capitalization stands at $67.11 billion. The token’s short-term gain follows a substantial weekly decline, while the overall crypto market is comparatively stable at a $2.52 trillion total capitalization.

Market sentiment remains cautious: the Fear and Greed Index is at 28, placing it in the Fear zone. Bitcoin gained 0.86% over 24 hours, contrasting with XRP’s larger weekly loss. The data does not establish a connection between Schwartz’s comments and recent price movement, but it provides context for the renewed debate as investors reassess expectations surrounding XRP.

What to watch is whether Schwartz makes further comments and whether the discussion shifts toward concrete evidence about Ripple’s business model or XRP adoption. His position keeps attention on the relationship between Ripple’s operations, broader token use and market expectations rather than on any disclosed XRP transaction.

Market reaction since this brief Live

Since this brief published about 6 hours ago, XRP (XRP) has moved from $1.06 to $1.05 — -0.76%.

$1.05$1.05$1.05$1.06$1.06 published · $1.06 now · $1.05 (-0.76%) Nov 11 19:37 UTC Nov 12 01:15 UTC
BeforeSince publishPublished · $1.06

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.

What this means in naira

At today's peer-to-peer rate, 1 XRP ≈ ₦1,465.98 (about $1.05), up 0.1% over 24 hours. The naira itself trades about 3.5% 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.

XRP
#6
$1.05 ▲ 0.06%
-0.76% since this brief published
7d -18.91%MCap $66.66BFull XRP data →
The market when this published · November 11, 2026
Total market cap$2.52T
Bitcoin 24h+0.86%
Ethereum 24h+0.75%
BTC dominance58.9%
Fear & Greed28 · Fear

XRP Debate Resurfaces as David Schwartz Continues Avoiding T — questions & answers

Why did David Schwartz’s comments reignite debate about XRP?

CryptoPotato says his comments renewed discussion about Ripple’s business model, adoption claims and expectations surrounding XRP.

Has David Schwartz bought XRP in recent years?

According to CryptoPotato’s headline and report, Schwartz has not bought XRP in years.

How is XRP performing amid the renewed debate?

XRP is at $1.057, up 0.73% over 24 hours but down 18.91% over seven days, with a $67.11 billion market capitalization.

How much is 1 XRP worth in naira today?

About ₦1,465.98 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $1.05. 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 down 0.76% since this brief first published — trading at $1.05 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 CryptoPotato. It is not a copy of any one article — follow the source links above for the original reporting.

In this storyRipple Company
TLT Newsdesk Data-stamped

TLT's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · November 12, 2026 ⛓ Timestamped at Bitcoin block #975,501 sha256:a8b3fac9ca5b5b62
Based on reporting by CryptoPotato — this is an original TLT summary with live market data, not the original article.CryptoPotato · Nov 11 19:37 ↗

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.