David schwartz, ripple's cto emeritus, dispelled rumors of starting a solo project, stating he is 'too lazy' but will focus on building on xrp ledger and maintaining network stability. this news reduces uncertainty for investors, as it suggests continued dedication to the xrpl ecosystem rather than market fragmentation.
Schwartz's commitment to the xrp ledger and his decision not to fragment liquidity or market attention is a positive signal for xrp investors. it implies continued development and focus on the existing ecosystem, which could support price appreciation.
The impact of schwartz focusing on the xrpl and not splitting efforts is a strategic decision that should benefit the ecosystem and xrp's price over the long term as development and stability are prioritized.
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. David Schwartz, Ripple CTO Emeritus and one of the key architects of XRP Ledger, has dispelled rumors of him launching his own independent startup. Responding to questions from the XRP community about plans for going solo after he officially changed his role at Ripple at the end of 2025, Schwartz, in his characteristic ironic manner, stated that he is "too lazy" for that. Advertisement Nevertheless, he is not sitting idle and is instead of building a new project on the basis of XRP Ledger, as well as focusing on maintaining the stability of the existing network. Why XRPL node might be too fast for its own good This week, for the first time in a long while, Schwartz published data on the performance of his personal XRPL node over the past 14 days, which, incidentally, sparked an intense discussion about imperfections in the rippled code on which XRP Ledger is built. HOT Stories Grayscale Recognizes XRP Ledger as Pioneer In Post-Quantum Cryptography Will Bitcoin Hold $70,000 the Third Time? Hyperliquid's (HYPE) Second Bullish Elliot Wave, Crucial Ethereum (ETH) Resistance Battle: Crypto Market Review Had to shutdown my hub to do some software upgrades. Here's the last two weeks of flawless operation. pic.twitter.com/NPFKyeokDr — David 'JoelKatz' Schwartz (@JoelKatz) April 7, 2026 As a result of the discussion, Schwartz acknowledged the existence of an ironic bug, if it can be called that, where two servers located in the same data center operate so perfectly with minimal latency that the XRPL protection algorithm may interpret their high-speed data exchange as a DDoS attack and terminate the connection. Advertisement You Might Also Like Tue, 04/07/2026 - 05:38 Grayscale Recognizes XRP Ledger as Pioneer In Post-Quantum Cryptography By Alex Dovbnya Schwartz’s transition to the status of CTO Emeritus became a notable event not only for Ripple but for the crypto industry as a whole. While XRP is trading in the range of $1.30, theoretical battles with the SEC have definitively moved into the past. Schwartz de facto remains the ultimate arbiter of whether XRPL operates as intended. Advertisement In this context, his refusal to create his own project can be interpreted as a positive signal for investors, as the main thinker behind Ripple does not intend to fragment liquidity and market attention, remaining committed to the architecture he has been building for more than a decade. #Ripple News #XRPL #XRP #XRP Ledger #XRP News