Ripple Insider Sold 2.5M XRP, But Still Thinks Its Price Could Flip Bitcoin
David Schwartz offered 2.5 million XRP in 2025, however the Ripple veteran isn’t giving up on the coin at this value. The former CTO not too long ago revealed a $1.7 million capital good points tax invoice whereas defending himself towards accusations of dumping. His newest feedback additionally revived an bold XRP Price debate about whether or not the token might ultimately overtake Bitcoin.
Schwartz confirmed the sale after critics questioned his dedication to XRP. He mentioned practically all of the tokens got here from bonuses obtained for his work in 2020 and 2023. Rather than quietly dismissing the accusations, he shared proof of the taxes paid on these transactions.
But promoting thousands and thousands of tokens hasn’t stopped Schwartz from entertaining an excellent stronger chance. During an X Spaces dialogue, he agreed that XRP might ultimately surpass Bitcoin in market cap.
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David Schwartz’s XRP Sales Started Years Before The Coin Broke $1 Price Level
Schwartz’s promoting historical past stretches a lot additional again than the 2025 transactions. The XRP Ledger co-creator beforehand revealed that his holdings peaked at 26 million XRP.
By August 2026, that steadiness had fallen to round 2 million tokens. He acknowledged promoting most of his holdings, though some additionally went towards items and transfers. That represents a considerable discount from his earlier place.
His earliest gross sales started when XRP traded round $0.10. Schwartz admitted he by no means anticipated the coin to interrupt $0.25. He additionally regretted promoting 40,000 ETH for simply $1.05 apiece.
The developer defined that he dislikes taking extreme monetary dangers. He and his spouse adopted a method of promoting parts at any time when their investments reached new all-time highs. The strategy helped them scale back publicity and sleep higher at evening.
That technique explains why Schwartz might promote thousands and thousands of XRP with out essentially abandoning its long-term potential. He has additionally disclosed that a lot of his remaining monetary publicity shifted towards Ripple fairness.
His September comments provide one other essential clue about his conviction. Asked whether or not XRP might ultimately overtake Bitcoin, Schwartz answered affirmatively. He clarified that XRP would wish to develop quicker quite than Bitcoin essentially dropping worth.
He described the end result as in all probability extra probably than not, though he provided no timeline. Schwartz additionally stopped in need of offering a particular XRP Price goal.
For perspective, September’s market-cap comparability put XRP close to $90 billion and Bitcoin round $1.57 trillion. XRP would have wanted roughly $25 to match Bitcoin’s valuation at these market ranges. That calculation is illustrative.
Bitcoin’s Decentralization Argument Opens Another Door for Crypto Investors
Bitcoin’s place as crypto’s main asset comes from one thing deeper than its market capitalization. Satoshi Nakamoto launched Bitcoin in October 2008 as a peer-to-peer digital money system.
The authentic whitepaper challenged the necessity for monetary establishments to manage digital funds. Banks and central authorities had grow to be trusted intermediaries, regardless of their means to freeze accounts and affect financial provide.
Bitcoin provided a unique association via cryptographic verification and a distributed community. Its creator even embedded a newspaper headline about financial institution bailouts into the January 2009 genesis block.
That message stays central to Bitcoin’s enchantment. Investors more and more view BTC as an alternative choice to conventional financial techniques, the place governments can increase cash provides and monetary establishments management entry.
XRP approaches the issue otherwise. The XRP Ledger makes use of a validator-based consensus mechanism, whereas Ripple stays a significant industrial pressure behind its ecosystem. Its cost infrastructure prioritizes transaction pace and institutional settlement.
Bitcoin’s permissionless financial basis affords a unique proposition. This hole additionally explains curiosity in tasks trying to increase Bitcoin’s performance with out changing its underlying community.
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Bitcoin Layer-2 To Break the Internet Next?
Bitcoin Hyper ($HYPER) is creating a Bitcoin Layer 2 utilizing the Solana Virtual Machine. Its proposed structure combines quicker transactions, decentralized functions, staking, and DeFi performance with settlement commitments to Bitcoin’s Layer 1.
The challenge is a bridge that verifies Bitcoin block headers and transaction proofs earlier than representing BTC on its Layer 2. It additionally plans to make use of zero-knowledge proofs to validate transactions and periodically commit community state to Bitcoin.
The presale has not too long ago raised greater than $33.2 million raised, with a token value of $0.0136 and staking rewards of 35%. Its improvement updates additionally determine November 26 as an essential milestone, giving potential individuals a restricted window earlier than the subsequent introduced stage.
That timeline provides urgency to the creating Bitcoin Layer 2 narrative. Comparing XRP with Bitcoin-based options, the hole is more and more essential. XRP affords a longtime funds community, whereas Bitcoin represents a financial system designed round independence from centralized monetary intermediaries.
Schwartz might have offered thousands and thousands of XRP to cut back private danger. Yet his willingness to entertain a future the place XRP overtakes Bitcoin exhibits that he hasn’t dismissed its potential.
Whether that imaginative and prescient turns into actuality will depend upon adoption, liquidity, and precise community utilization. For now, the XRP Price debate has one other unlikely participant: one of many individuals who helped construct the ledger.
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