XRP Prices Reflect Market Beliefs, Not Hype: Schwartz

• David Schwartz questioned bold XRP price targets, saying markets reflect real belief, not hype.
• He revealed selling all his ETH at $1.05 and most of his Bitcoin far too early.
• Schwartz said XRP trading below $10 shows limited belief in extreme price scenarios.

David Schwartz, Chief Technology Officer at Ripple, recently sparked discussion by sharing his honest thoughts on crypto price predictions, especially regarding XRP.

Schwartz said he does not feel comfortable making bold price claims. While he does not think extreme price targets are likely, he reminded followers that markets have surprised people before. He pointed out that he once believed it was unlikely XRP would ever trade at $0.25, yet it did.

Why Big Price Targets Don’t Match Reality

Schwartz explained his reasoning in simple terms. If many rational investors truly believed there was even a 10% chance that XRP could reach $100 within a few years, they would not be selling it today at prices well below $10. Those believers would buy aggressively, and the cheap supply would quickly disappear.

The fact that XRP still trades far below $10, he said, shows that most investors do not genuinely believe in those high price targets strongly enough to put real money behind them.

Markets Often Reflect Real Beliefs, Not Online Hype

According to Schwartz, crypto prices are often more rational than people assume. In his view, prices usually reflect a realistic mix of future expectations and probabilities. He added that many of the biggest crypto bull runs in history were driven by unpredictable external events, not by steady, predictable growth.

“None of This Is Financial Advice”

As older posts of his began circulating again, Schwartz issued a clear reminder that his comments are not financial advice. He even used his own trading history as a cautionary example.

“Not that anyone would want financial advice from someone who sold 40,000 ETH at $1.05 and 100 BTC at $750,” he joked.

Selling ETH and Bitcoin Far Too Early

Schwartz openly admitted that he sold all his Ethereum at just $1.05. He also revealed that he exited most of his Bitcoin holdings long before prices exploded, selling nearly all of it by $7,500 and much of it by $1,000.

When asked if he had only sold a small portion of his holdings, Schwartz clarified that he sold almost everything.

The Lesson He Leaves Behind

“I was just as successful as I tried to be,” Schwartz said, suggesting that success in crypto depends on personal goals, not perfect timing. His comments struck a chord across the community, offering a rare and honest reminder that belief, risk, and reality rarely line up the way people expect in crypto markets.

Related: XRP Ends January Under Pressure as Bearish Signals Clash With Accumulation