Recent comments from David Schwartz, Ripple’s CTO, have fueled concerns among cryptocurrency investors. Schwartz affirmed that Ripple Labs is free to sell XRP tokens to raise capital, a statement that drew criticism from market participants who fear increased selling pressure on the asset.
Responding to remarks from Pierre Rochard, VP of Research at Riot Platforms, who claimed that Ripple could “dump” XRP without obligations to investors, Schwartz stated:
“Ripple can, will, and should act in its own interest… You should not expect Ripple to act in your interest to the detriment of its own interest or those of its shareholders.”
These comments surfaced at a time when XRP reserves are under increased scrutiny, particularly after blockchain investigator ZachXBT uncovered a dormant XRP wallet worth over $7 billion. The wallet, linked to Ripple co-founder Chris Larsen, had transferred over $109 million worth of XRP to exchanges in January 2025, prompting speculation about a potential sell-off.
Trump’s Crypto Reserve Boosts XRP—But Can It Last?
Ripple’s XRP saw a brief price surge following US President Donald Trump’s announcement that XRP, along with Bitcoin (BTC), Ether (ETH), Solana (SOL), and Cardano (ADA), would be included in a US crypto reserve.
The price of XRP spiked to $2.99 on March 2, nearing the critical $3.00 psychological level, before quickly retracing to $2.50. Analysts caution that the rally may be short-lived, as Trump’s crypto reserve plan requires congressional approval, which could delay implementation.
According to Aurelie Barthere, principal research analyst at Nansen:
“Buying new tokens for the reserve is a complex process that will need Congress’s vote, so it will take time. I would be wary of the sustainability of today’s move.”
What’s Next for XRP?
With Ripple’s legal uncertainties still looming and the possibility of continued token sales, investor sentiment on XRP remains mixed. While Trump’s pro-crypto stance has provided optimism, regulatory hurdles and Ripple’s autonomy over XRP sales could continue to weigh on its long-term price performance.
As the SEC case drags on and political influence plays a growing role in crypto regulation, XRP investors should brace for continued volatility and uncertainty in the coming months.
