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Would XRP Face Selling Pressure if Ripple’s CEO Resigned? Expert Says ‘Yes’

Published by
Zameer Attar

Following David Schwartz’s retirement as Ripple’s CTO, questions have emerged about the company’s future leadership and stability. Vandell and Versan Aljarrah, founders of Black Swan Capitalist, discussed on Paul Barron’s podcast that if another leader, such as the CEO, were to step down, it could create selling pressure among XRP holders.

Missing Out on Macro XRP Trajectory

The Aljarrah brothers said that cryptocurrencies need real-world utility to maintain value. Vandell stated that as long as Ripple’s fundamentals, including its use cases and central bank involvement, remain strong, the company should remain stable.

In a hypothetical situation, they explained that investor sentiment could change if major leaders, such as CEO Brad Garlinghouse, suddenly leave. Such actions might be seen as insider selling, creating uncertainty among holders. Many investors focus on short-term signals and may overlook XRP’s broader potential in the market.

Versan said, “A lot of people understand XRP to a degree, but I don’t think they’re factoring in some of the macro picture behind this. Like, why is it being adopted? What’s its use case? Why have central banks been long involved in this? We don’t really pay attention to headlines.” 

What’s Next? XRP to Reach $12.50

Head of Digital Assets Research at Standard Chartered, Geoffrey Kendrick, said that XRP can reach $12.50 by 2028. This implies around 322% upside from its current price $2.99. Currently, the major catalyst for XRP remains the ETFs’ approval by the SEC. 

Spot XRP ETFs could unlock high demand from retail and institutional investors. Kendrick says fresh ETF inflows can drive the crypto market. 

XRP is currently trading at $2.99 and has gained more than 4% in the last 24 hours. 

FAQs

Why is XRP still relevant despite leadership changes at Ripple?

XRP’s value relies on real-world utility, central bank involvement, and cross-border payment solutions, not just Ripple’s leadership.

How high could XRP price go in the next few years?

Analysts project XRP could reach $12.50 by 2028, reflecting potential upside if adoption grows and ETFs gain approval.

Should investors focus on XRP headlines or fundamentals?

Investors benefit more by focusing on XRP’s use cases, adoption, and market potential rather than short-term news or rumors.

Zameer Attar

Zameer is a financial analyst and writer with a particular interest in cryptocurrency markets. He has been studying cryptocurrencies and their market behavior for several years and deeply understands the factors that affect the price of cryptocurrencies. His expertise lies in his ability to use both technical and fundamental analysis to make informed predictions about the future direction of cryptocurrency prices. He has a strong understanding of market sentiment and uses this to inform his trading decisions and price predictions.

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