Ripple's Chief Technology Officer David Schwartz Shares Positive News with the XRP Community

Gate News bot message, according to TapChiBitcoin, Ripple's Chief Technology Officer (CTO) David Schwartz has just confirmed to the XRP community that Ripple's mysterious co-founder Arthur Britto has suddenly posted his first post on Xaccount, and has been silent for 14 years since creating the account.

Britto's return was immediately seen by the community as a positive signal for the XRPcoin ecosystem (including the XRP Ledger and XRP token). Influenced by this news, the price of XRP rose by 9%, while investors continued to speculate on the strategic moves that Britto and his affiliated companies' network are about to take.

It is reported that Arthur Britto, co-founder of Ripple and XRP Ledger (XRPL), suddenly broke a silence of nearly 14 years, posted a mysterious post on the X platform, and only used a single emoticon. This immediately raised a series of questions in the community: Has his account been hacked, or is Britto secretly sending an important signal?

Arthur Britto is a mysterious figure in the cryptocurrency world. He was involved in laying the foundation for Ripple and XRPL, and also co-founded important projects such as PolySign and Standard Custody & Trust Company - names that are gradually shaping new financial infrastructure.

Britto suddenly appeared on social media, quickly prompting speculation about the reasons for his return. Is he preparing a strategic move involving XRP or XRPcoin? These two entities are increasingly attracting the attention of large enterprises and institutional investors.

Ripple has become one of the leading companies in the blockchain industry, especially notable for its long-running legal dispute with the U.S. Securities and Exchange Commission (SEC) over the classification of XRP.

At the same time, XRP has also become the preferred blockchain for institutions seeking to deploy products or expand in the digital asset field. Many giants such as Guggenheim, Ondo Finance, SBI Holdings, and Bank of America have already begun to bet on this ecosystem.

CoinGlass data shows that the total open interest (OI) of XRP futures contracts has increased by over 7% in the past day. It is worth noting that in just the past 4 hours, this indicator has grown by over 3%, bringing the total open interest to $3.81 billion, reflecting the continually rising expectations in the derivatives market.

Long-term, Britto has said he believes XRP can become a global liquidity medium for institutional and individual financial transactions. However, despite widespread speculation surrounding his name and influence, he has never publicly predicted XRP to reach $10000.

Analyst Dark Defender stated that XRP has successfully regained strong support, laying the foundation for further upward movement. He expressed his expectation: "I believe that once XRP reaches its fifth wave target, those who chase the head and shoulders pattern with a target price of $1 will soon abandon this view."

Meanwhile, analyst EGRAG Crypto commented that the current price trend of XRP points to important retests at $2.08 and $2.04 - especially considering that the price has failed to maintain a daily closing price above $2.20 on any trading day.