Schwartz Goes All-in on XRP, Says Portfolio Now XRP and Ripple

Ripple CTO Emeritus David “JoelKatz” Schwartz said he is effectively “all in” on XRP. He said his crypto holdings are now almost entirely XRP, alongside equity in Ripple, after largely liquidating other positions. Schwartz acknowledged the concentration was more accidental than planned. He also argued that diversification is rational because investors can’t reliably identify winners and losers in advance. The article also notes he previously denied rumors of any post-departure “gag order,” saying he is not bound by an NDA. It adds that he has pushed back on an aggressive XRP price target of $10,000 as not being viewed as reasonable by the market. For traders, this is mainly a sentiment/positioning signal: a prominent XRP Ledger architect publicly reducing exposure to other assets could reinforce retail attention toward XRP. However, it doesn’t change protocol fundamentals or tokenomics, so the near-term effect is likely limited unless market liquidity and volumes confirm momentum.