David Schwartz, who used to be the Chief Technology Officer at Ripple and is known online as JoelKatz, recently revealed he once owned 26 million XRP. With XRP currently trading around $1.40 (up slightly over the last 24 hours), those holdings were worth approximately $36.6 million. Trading indicators suggest uncertain short-term price movement.
When asked on X about how much XRP he owns, David Schwartz surprised many with his response. He said his definition of a “small amount” is still over a million XRP, revealing he once held 26 million.
Schwartz Reveals Over 1M $XRP Holdings, Says #Ripple and XRP Remain Only Crypto Exposure.
Ripple CTO Emeritus David Schwartz revealed he once held 26 million XRP.
Despite saying his investments aren’t substantial, he confirmed he still owns over one million XRP.
He also…
— TheCryptoBasic (@thecryptobasic) May 5, 2026
The comment came up during a discussion about how comfortable Ripple’s founders were with taking risks. David Schwartz also mentioned co-founder Arthur Britto, recalling that Britto had said years ago he was selling Bitcoin to pay for everyday costs, but was holding onto most, if not all, of his XRP. Schwartz wrote that he remembered Britto saying he sold Bitcoin for expenses and hadn’t sold much, if any, XRP.
Throughout 2025, people have been closely watching Ripple’s leadership and the companies it’s been buying as it grows. This news comes as the XRP market shows some mixed signals, and raises questions about what the actions of early Ripple investors really mean for the future of the company.
(SOURCE: TradingView)
Can XRP Price Reclaim $1.50 This Week After Insider Holdings Disclosure?
I’ve been tracking XRP’s price, and it’s been a bit unstable lately. It’s been trading around $1.40, with the price fluctuating between $1.39 and $1.42 over the last day – a potential increase of about 3% from where it is now. I’m seeing support building around $1.38, meaning that’s a level where it might bounce back, and resistance forming between $1.43 and $1.45, which could be a ceiling for now.
Market indicators are mixed. The Fear & Greed Index has moved out of “fear” and into neutral territory, reaching a score of 50 out of 100 – a first for 2026.
Looking ahead, there are three likely possibilities for XRP’s price. If it breaks through $1.45 with strong trading volume, it could potentially reach $1.55, especially if institutional investors react positively to developments in Ripple’s legal situation. A more moderate scenario would see XRP staying between $1.35 and $1.44 for the week, with prices stabilizing before any major moves.
It’s worth watching for a potential downturn. If the price falls below $1.38, it could lead to further drops, possibly testing the $1.30 level according to some analysts. For traders currently in the market, the key question is how much to invest at that lower price point.
DISCOVER: Best crypto to buy right now – CoinSpeaker’s updated guide
LiquidChain Targets Early-Mover Upside as Ripple Consolidates at Key Support
As an analyst, I’m observing that XRP’s current stabilization near its support level is a pattern I’ve seen before with assets that have solid foundations and strong internal belief – they often experience a period of compression before a significant move. However, at a price of $1.40 and with a market cap already in the billions, the potential for massive gains that early XRP investors enjoyed isn’t the same for those entering the market now. While the supply situation is always changing, the days of easily multiplying your investment are likely behind us.
The lack of connection between different blockchain networks is a key area for new projects. LiquidChain ($LIQUID) is building infrastructure to solve this by acting as a bridge for liquidity, aiming to combine the resources of Bitcoin, Ethereum, and Solana into one unified system.
This new system allows developers to deploy their applications just once and make them available across three different blockchain networks, simplifying a common challenge in multi-chain development. The project is currently offering tokens for $0.01456 in a presale, and has already raised over $718,000. Its main features include a shared liquidity system, quick and easy execution, and secure, confirmed transactions.
Visit the LiquidChain Presale Website Here.
EXPLORE: Best Ethereum wallets for 2026 – CoinSpeaker’s updated guide
Read More
- Gold Rate Forecast
- What is Omoggle? The AI face-rating platform taking over Twitch
- Elden Ring Is Back With A New Free Game, Thanks To The Fans
- Audible opens first ‘bookless bookstore’ in New York
- 10 Adorable Quotes from Diana in Pragmata
- Wartales Curse of Rigel DLC Guide – Best Tips, POIs & More
- How To Grow Money Trees In Animal Crossing: New Horizons
- 10 Relentless ’80s Movie Remakes That Make the Perfect Double Feature With The Running Man
- The 10 Best Performances In The Star Trek Movies, Ranked
- Senate Crypto Gamble Advances: What Price Does the Soul Pay?
2026-05-05 22:40