David Schwartz Says Market Logic Refutes $100 XRP Price Targets

David Schwartz has pushed back on extreme XRP price targets like $50 or $100. Recently, he replied to users on X who asked him to shut down such predictions. Instead of giving a direct “yes” or “no,” he used simple market logic to explain why those targets look unrealistic today.

Ripple CTO said he doesn’t feel right making hard claims about what XRP can never reach. He reminded users that he once thought XRP hitting $0.25 was unlikely. He also recalled a time when Bitcoin at $100 sounded impossible. Still, he said markets usually show what people truly believe through prices, not through online posts.

How Market Logic Sets Real Prices

David Schwartz explained that price comes from expected value. That means people price an asset based on what they think it might be worth in the future and how likely that future is. He gave a clear example. If many smart investors believed XRP had a 10% chance of hitting $100 in a few years, they would not sell it today at under $10. They would buy more instead. They would see it as cheap. Over time, the supply at low prices would disappear. The price would move up fast.

Because XRP still trades far below $10, David Schwartz said this shows something important. It suggests that very few people truly believe in those odds. At least, they do not believe enough to risk real money. In his view, belief without action doesn’t count in markets.

Why Money Speaks Louder Than Tweets

David Schwartz also warned about the gap between words and money. He said people who promote huge price targets but do not invest based on them are not being honest. They may believe the story emotionally. But they do not believe it financially. Markets reward action, not slogans. When someone buys, they show real trust. When they just post targets, they show only hope

Ripple CTO said this is why market prices are useful. They reflect what people are willing to risk, not what they like to imagine. He added that most crypto prices are rational most of the time. In his view, big bull runs usually happen because of outside shocks. These include new laws, new tech or global events. They are hard to predict in advance. They are not just the result of hype.

A Reality Check for XRP Holders

Schwartz made it clear he is not bearish on XRP. He didn’t say XRP can’t rise. Instead, he asked the community to think in terms of probability and time. Growth takes adoption, use and trust. It doesn’t come from viral numbers alone. Some XRP users agreed with him. They said extreme targets hurt new investors and create false hope. They also make people confuse chance with certainty. Others still believe high prices are possible

But David Schwartz’s point stayed the same. Markets show belief through price. If people truly thought $100 was near, XRP would not trade where it does today. His message was simple. Use logic, watch behavior, not hype and separate strong conviction from loud speculation.