Futures
Hundreds of contracts settled in USDT or BTC
TradFi
Gold
One platform for global traditional assets
Options
HOT
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
Get prepared for your futures trading
Futures Events
Participate in events to win generous rewards
Demo Trading
Use virtual funds to experience risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
New
Trade on-chain assets and enjoy airdrop rewards!
Futures Points
New
Earn futures points and claim airdrop rewards
Investment
Simple Earn
Earn interests with idle tokens
Auto-Invest
Auto-invest on a regular basis
Dual Investment
Buy low and sell high to take profits from price fluctuations
Soft Staking
Earn rewards with flexible staking
Crypto Loan
0 Fees
Pledge one crypto to borrow another
Lending Center
One-stop lending hub
VIP Wealth Hub
Customized wealth management empowers your assets growth
Private Wealth Management
Customized asset management to grow your digital assets
Quant Fund
Top asset management team helps you profit without hassle
Staking
Stake cryptos to earn in PoS products
Smart Leverage
New
No forced liquidation before maturity, worry-free leveraged gains
GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
Ripple CTO David Schwartz Defends Ripple and XRP Amid Criticism Over the Altcoin’s Sales
Ripple CTP David Schwartz defends Ripple and XRP amid criticism.
The criticism is currently over the way Ripple makes XRP sales.
The CTO explains how retail will benefit from this framework.
The crypto community is warmed by how Ripple CTO David Schwartz defends Ripple and XRP amid criticism over the altcoin’s sales. Ripple and XRP have been popular names in the crypto market since their debut over 8 years ago, after a long, nearly 2-year period of turbulent times caused by the SEC. The company continues to hold its head up high and work towards improving the world as we know it.
Ripple CTO David Schwartz Defends Ripple and XRP
The SEC’s case against Ripple and XRP led to a long 7-year battle, which led to falling XRP prices, stunted growth, frustrated holders, and slow transformation for the vision of the company. Still, despite the many odds the firm had to face, they came out triumphant and continued to build towards their goal with visionary partnerships in place before the case came to a close.
Now, years after they began their journey, they continue to handle challenges with a brave and determined face, ready to execute their long-planned roadmap come hell or high water. The latest of these challenges came in the form of how Ripple manages its XRP sales, a criticism that was immediately and passionately defended by Ripple’s own Chief Technical Officer (CTO), David Schwartz.
As we can see from the post above, Ripple CTO, David Schwartz responded to renewed criticism over how Ripple sells XRP. The exchange began after comments by crypto commentator Zach Rynes, who questioned Ripple’s dual funding model. He argued that retail investors indirectly fund corporate growth. On this, XRP supporters pushed back, leading to Schwartz’s response.
To highlight, Schwartz responded by challenging the core argument. In detail, Schwartz argued that critics are using flawed logic. He said one could just as easily claim that Ripple’s XRP sales actually benefit investors trying to profit from holding the token. If those sales push the price lower, he noted, it simply allows buyers to accumulate XRP at a lower price than they otherwise could.
Ripple’s XRP Sales Garners Criticism
The long-term outlook for XRP looks strong. At the moment, most expect a final draw back that could take the price of XRP to under $1 before a prominent price pump will propel the price of XRP to new ATH prices and price discovery. As we can see from the post above, the price of XRP is expected to hit $8.60 by the last 4 months of 2026, a highly bullish outlook for the altcoin.