{"id":12226,"date":"2025-10-01T07:18:04","date_gmt":"2025-10-01T07:18:04","guid":{"rendered":"https:\/\/bitunikey.com\/news\/xrp-price-holds-steady-as-ripple-cto-announces-exit-after-13-years\/"},"modified":"2025-10-01T07:18:07","modified_gmt":"2025-10-01T07:18:07","slug":"xrp-price-holds-steady-as-ripple-cto-announces-exit-after-13-years","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/xrp-price-holds-steady-as-ripple-cto-announces-exit-after-13-years\/","title":{"rendered":"XRP price holds steady as Ripple CTO announces exit after 13 years"},"content":{"rendered":"
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XRP price held steady at $2.85 as Ripple chief technology officer David Schwartz announced plans to step down after 13 years, with traders weighing leadership changes against broader market signals.<\/p>\n

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\n Summary<\/span>\n <\/div>\n
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  • XRP trades at $2.85, down 1.5% but stable within range.<\/li>\n
  • Ripple CTO David Schwartz to exit role in Dec. 2025, joins board.<\/li>\n
  • Technicals show consolidation, with key levels at $2.71 and $2.98.<\/li>\n<\/ul><\/div>\n<\/div>\n

    <\/p>\n

    XRP was trading at $2.85 at the time of writing, down 1.5% from the day before but still within its seven-day range of $2.71 to $2.98. Despite the brief decline, the token has risen 1.2% in the last week and 4% in the last month, showing resilience during a time when sentiment in the Ripple ecosystem is changing.<\/p>\n

    Market activity suggests steady participation. XRP\u2019s (XRP) 24-hour trading volume stood at nearly $4.9 billion, up 0.5% from the previous day, even as derivatives metrics showed some cooling. Coinglass data<\/a> showed a 3.9% drop in futures volume to $5.21 billion and a 1.57% slide in open interest to $7.42 billion.\u00a0<\/p>\n

    That decline suggests traders are reducing leveraged bets, leaving the spot market to set the tone. For now, that tone appears steady.<\/p>\n

    Schwartz steps back as community weighs leadership change<\/h2>\n

    Ripple\u2019s longtime Chief Technology Officer David Schwartz, better known to the XRP community as JoelKatz, announced on September 30 that he will step down from his position at the end of 2025. In a long message on X, Schwartz described his 13 years at the company as one of the greatest honors of his life, second only to his family.\u00a0<\/p>\n

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    As happens in one\u2019s life, I\u2019ve been taking stock of my last 40 years. It\u2019s been a wild ride. I\u2019ve gone from consulting for the NSA to watching the early stages of Bitcoin. Then, I met Arthur, Jed, and Chris and worked on coding the XRP Ledger. Now, I\u2019ve spent more than 13 years\u2026<\/p>\n

    — David 'JoelKatz' Schwartz (@JoelKatz) September 30, 2025<\/a><\/p><\/blockquote>\n