Quick overview

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XRP has been in a state of uncertainty after Ripple’s CTO, David Schwartz, announced his resignation. The price of the XRP token has stayed largely unchanged.  The third-largest cryptocurrency is trading at $2.85 amid muted volatility in the crypto market

 

Schwartz has long been a key player in the XRP community because he is the creator of the XRP Ledger (XRPL). He was among the first to design the network intended to address the scalability problems of other blockchains and the inefficiencies of the existing financial system.

Schwartz’s technical legacy includes core protocol design and long-term architecture work for the XRP Ledger. His move to an emeritus position preserves his influence while enabling new operational leadership to execute near-term engineering milestones.

There is no immediate sign of a strategic pivot. Ripple continues to participate in regulatory and market initiatives. The company previously contributed to political activity in the U.S. and has been engaged in public legal and regulatory matters that shaped its business trajectory.

David Schwartz’s move from active CTO to CTO emeritus and board member marks a planned leadership transition that retains his expertise while enabling new operational leadership at Ripple. The change supports continuity for the XRP Ledger and keeps the company on track for its technical roadmap.