With Ripple Chief Technology Officer (CTO) David Schwartz announcing plans to resign, community members have begun to speculate what this could mean for the XRP price . This comes as XRP reclaims the psychological $3 level, providing a bullish outlook for the altcoin.

What Ripple CTO’s Resignation Means For The XRP Price

In an X post , community member unknowDLT said that it is no coincidence that the Ripple CTO is stepping down right before XRP ETFs and global ISO 20022 adoption . He added that Schwartz knows the liquidity flood will trigger a supply shock and push XRP’s price up as it becomes the backbone for settlements.

However, it is worth noting that the Ripple CTO stated that he will not be stepping down until the end of the year. As such, he is expected t

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