XRP May Rebound After Ripple CTO Shifts to Advisory Role as RLUSD Nears $800M

Ripple CTO quitting means David Schwartz is stepping down from his day-to-day CTO role to join Ripple’s Board and serve as an adviser, focusing on family and side projects while continuing XRPL ￰0￱ move prompted a brief XRP price dip followed by a swift short-term ￰1￱ transition announced: David Schwartz moves to advisory role and board ￰2￱ dropped ~1.2% after the news and rallied roughly 4% the following ￰3￱ nears $800M market cap, and trader positioning data shows a recent rise in long ￰4￱ CTO quitting: David Schwartz steps back to advisory and joins Ripple’s board—read the market impact on XRP and RLUSD ￰5￱ informed. , "description": "David Schwartz will step away from his CTO duties at Ripple, joining the board and advising while continuing XRPL work; markets showed a short-lived XRP dip and quick rebound." Why is Ripple’s CTO quitting?

Ripple CTO quitting refers to David Schwartz stepping down from daily CTO responsibilities to join Ripple’s Board and to serve as an ￰6￱ cited a desire for more family time and continued focus on side projects and XRPL experimentation while remaining involved at the company ￰7￱ did XRP react? XRP initially slipped about 1.2% on the day of the announcement but recovered with a roughly 4% rally the following session. Short-term volatility followed the update, with price action influenced by broader market moves including Bitcoin’s spike tied to ￰8￱ news. Context: Schwartz has been with Ripple for more than 13 years and is a founding contributor to the XRP ￰9￱ confirmed he will keep experimenting with XRPL nodes and novel use cases while shifting responsibilities.

“The last few months I’ve been tinkering on the side – spinning up my own XRPL node and publishing its output data, researching other use cases for XRP (besides what Ripple is focused on), and more,” Schwartz said in his ￰10￱ CEO Brad Garlinghouse praised Schwartz’s impact on the community, calling his work “legend.”) over three days—an indicator of trader sentiment, not a guaranteed price outcome.