David Schwartz addresses XRP price decline and community criticism

David Schwartz, chief architect of the XRP Ledger and CTO Emeritus at Ripple , openly acknowledged his limited influence on the XRP token’s price after community members confronted him over its prolonged decline. Facing comments from XRP holders on X, Schwartz discussed allegations that he bears responsibility for the token’s negative price performance. Responding directly to users, he clarified his role by stating that his influence on the market is minimal but not completely absent. XRP has lost approximately 50% of its value over the past year according to CoinMarketCap, with several short rallies failing to reverse the overall downward trend. Stellar (XLM), a cryptocurrency platform with a similar cross-border payments focus, reflected a comparable price movement during the same timeframe.

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