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Altcoins & DeFi

David Schwartz’s XRP Price Update Draws Strong Criticism From Frustrated XRP Holders

Image: The Crypto Basic

Ripple former CTO David Schwartz is facing criticism from XRP holders after giving a brief update on the cryptocurrency’s price. The discussion started when Schwartz shared details about his hub’s network performance on X. He said it had over 550 active peer connections, with an average response time of about 200 milliseconds and roughly 110,000 incoming messages per second. However, the conversation shifted to XRP’s price when an X user, J (@thefitappa), asked for an update. Schwartz replied that XRP was trading at around $1.308, up 2.4% over the previous 24 hours. Although Schwartz answered the question about XRP’s price, several holders criticized him because they were unhappy with the asset’s overall performance. Some users joked about his response, while others felt he was making fun of XRP investors.

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