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Ex-Ripple Exec Breaks Down The XRP To $10,000 Predictions, Is It Possible?
TL;DR
David Schwartz, former CTO of Ripple, challenges the feasibility of XRP reaching $10,000, questioning why it remains at its current price if such predictions were credible. He argues that rational investors would have driven the price significantly higher if they believed in even a small chance of that outcome.
Key points
- David Schwartz questions the $10,000 XRP prediction
- XRP remains at its current price despite high forecasts
- Predictions are based on potential financial institution adoption
Mentioned in this story
David SchwartzRipple
XRP has never lacked lofty price targets, but the latest comments around a possible move to $10,000 have led to a direct response from one of the most familiar voices in the Ripple ecosystem. David Schwartz, Ripple’s former chief technology officer and one of the original architects of the XRP Ledger, has pushed back against the idea by pointing to a simple market question. According to him, if serious capital truly believed in even a small chance of that outcome, why is XRP still trading at its current level?
David Schwartz Challenges The $10,000 XRP Predictions
The XRP community has long been home to some of the most ambitious price forecasts in crypto. Numbers like $10,000, $20,000, and above circulate regularly on social media, often backed by the outlook of financial institutions adopting the XRP Ledger for facilitating payments.
David Schwartz, who departed as Ripple CTO in December 2025, addressed the $10,000 XRP prediction head-on during a discussion on X earlier this week. The motivation for Schwartz’s comments was a question from an X user who asked him to respond to valuation theories built around a crypto adaptation of analyst Chris Burniske’s equation of Price = PQ / (V × S). Some market commentators have used the model to support very high projections for digital assets, including XRP.
According to Schwartz, if there were a few very rich and very rational people who really believed that there was a 1% chance that XRP could hit $10,000 in 10 years, then they would’ve bid XRP up to at least $20 today. A move to $20 would still be huge from XRP’s current level, but it is nowhere near $10,000.
The Gag Order Claim
At the time of writing, XRP is trading $1.41, with a market cap of $86.7 billion and a circulating supply of about 61.8 billion tokens. At $10,000 per XRP, that same circulating supply would imply a valuation around $618 trillion. Therefore, the point made by Schwartz is that even a remote chance of such a massive future price and market should already be attracting aggressive buying from large investors if it were credible.
Q&A
What did David Schwartz say about the $10,000 XRP prediction?
David Schwartz stated that if investors genuinely believed XRP could reach $10,000, they would have already driven its price up significantly, suggesting skepticism about such predictions.
Why are there high price predictions for XRP like $10,000?
High price predictions for XRP often stem from optimistic forecasts regarding the adoption of the XRP Ledger by financial institutions for payments.
What is the Price = PQ / (V × S) equation mentioned in relation to XRP?
The Price = PQ / (V × S) equation is a valuation model used by some analysts to support high price projections for digital assets, including XRP.
