In a recent interview, David Schwartz, CTO of Ripple, shared details about his investments in the XRP token and its current market value.
Initial Purchase at $0.006
Schwartz confirmed that he bought XRP at a price of $0.006 per token. This information was disclosed in response to discussions within the XRP community, addressing when token veterans, known as 'OGs', entered the market. Schwartz also emphasized that he did not receive XRP as compensation for his role at Ripple and acquired tokens independently from the open market.
XRP's Long-Term Price Action and Market Behavior
From 2022 to late 2025, XRP traded around the $0.50 mark, providing investors with opportunities for accumulation. In November 2025, XRP broke out during a significant market rally, resulting in a recent price of approximately $2.28, attracting new investors while benefiting long-term holders.
Future Price Predictions for XRP
Schwartz also noted that his peak holdings reached 26 million tokens. If XRP reaches $10, as some analysts forecast, this could lead to an evaluation of his assets at $260 million. Such a scenario underscores the potential for long-term price appreciation in the cryptocurrency market.
David Schwartz's investments in XRP illustrate the potential for cryptocurrencies to yield long-term profits, highlighting the importance of market analysis and strategic asset acquisition.
