CTO Ripple David Schwartz shares positive information with the XRP community

David Schwartz, the Chief Technology Officer(CTO) of Ripple, has just confirmed to the XRP community that Arthur Britto - the mysterious co-founder of Ripple - has unexpectedly posted his first article on account X (previously Twitter), after 14 years of silence since creating the account.

The return of Britto is immediately seen by the community as a positive sign for the Ripple ecosystem, including the XRP Ledger and XRP. In response to this information, the price of XRP has surged 9%, amidst continuous speculation by investors about the strategic steps associated with Britto and the network of related companies.

The first post by Arthur Britto - co-founder of Ripple and XRP Ledger - on the X platform

Arthur Britto – co-founder of Ripple and XRP Ledger (XRPL) – has unexpectedly broken nearly 14 years of silence with a cryptic post on the X platform, using only a single emoticon. This move immediately sparked speculation within the community: is his account compromised, or is Britto discreetly sending a significant signal?

Arthur Britto is considered a mysterious figure in the cryptocurrency world. He not only contributed to laying the foundation for Ripple and XRP Ledger, but also participated in founding major projects like PolySign and Standard Custody & Trust Company — names that are gradually shaping the new financial infrastructure.

The sudden appearance of him on social media quickly sparked speculation about the reason for his return. Is Britto preparing for a strategic move related to Ripple or XRP Ledger - two entities that are increasingly attracting the attention of large corporations and institutional investors?

Ripple has now emerged as one of the leading companies in the blockchain industry, notably attracting attention with its long-standing legal battle with the U.S. Securities and Exchange Commission (SEC) revolving around the classification of XRP.

In addition, the XRP Ledger has emerged as a preferred blockchain for organizations looking to deploy products or expand into the digital asset space. Major players such as Guggenheim, Ondo Finance, SBI Holdings, and Bank of America have begun to bet on this ecosystem.

XRP price increases nearly 10%

In the past 24 hours, the price of XRP has recorded a nearly 10% increase, currently trading around $2.18 at the time of writing. The daily fluctuation range is quite significant, with a low of $1.97 and a high of $2.21.

Although trading volume decreased by 2%, this development is seen by analysts as a signal of potential silent buying from whales or institutional investors.

Data from CoinGlass shows that the total open interest of (OI) on XRP futures contracts has increased by over 7% in the past day. Notably, in just the last 4 hours, this figure has further risen by over 3%, bringing the total OI to $3.81 billion — reflecting increasing expectations from the derivatives market.

In the long term, Arthur Britto - co-founder of Ripple and XRP Ledger - has expressed belief that XRP could become a global liquidity solution for financial transactions of both organizations and individuals. However, he has never publicly made a prediction that XRP will reach $10,000, despite widespread speculation surrounding his reputation and influence.

The Dark Defender analyst said that XRP has successfully regained a strong support area, laying the groundwork for the next uptrend. He expressed expectations: "I believe those pursuing the Head and Shoulders pattern with a target of $1 will soon have to abandon that view once XRP reaches its Wave 5 targets".

XRP/USDT daily chart | Source: TradingViewAt the same time, EGRAG Crypto analyst believes that the current price action of XRP is heading towards important retest levels at $2.08 and $2.04 - especially in the context of the price still unable to maintain daily candle closes above the $2.20 mark in any trading session.

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