Ripple CTO faces criticism after quoting $1.31 XRP price on X, holders react

Ripple ’s technology chief David Schwartz encountered backlash from XRP investors after updating the community about the XRP price on X on November 4. His response followed details he had shared on network activity. Schwartz reported his hub was managing over 550 active connections, handling approximately 110,000 messages per second, with round-trip response times close to 200 milliseconds. When asked by user @thefitappa to provide an XRP price, he responded that XRP was trading at about $1.31, reflecting a 2.4% increase over the previous day. Several community members quickly criticized the focus on a one-day gain, pointing instead to the token’s longer-term performance. Some users expressed frustration that daily increases did not compensate for years of stagnant or negative returns.

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