XRP at 100 was a transaction-speed reference, not a token-price prediction, Ripple CTO Emeritus David Schwartz explained in an X exchange reported by U.Today on October 31, 2026. The T-shirt he wore at a Swell event celebrated the XRP Ledger reaching 100 transactions per second, but its delivery coincided with a price move that gave the design another meaning.
- According to U.Today, Schwartz said the shirt was commissioned to mark an XRP Ledger throughput milestone.
- The design included a speedometer-like graphic pointing to 100, prompting an X user to ask what it meant.
- Schwartz recalled XRP trading around 30 cents when the shirt was ordered and $1 when it arrived; he supplied no dates for those prices.
- The community’s alternative reading referred to 100 cents, not a forecast that XRP would reach $100.
- CoinGecko’s October 31 snapshot showed XRP almost unchanged over 24 hours, but it does not establish a market response to the explanation.
Timeline of the ledger’s throughput milestones
- February 2015: U.Today’s historical account says early performance testing sustained 80 transactions per second. This provides background, not a confirmed date for the shirt.
- March-October 2015: According to U.Today, sustained throughput ranged from 120 to 490 transactions per second between March and June, then reached 525 in October.
- 2016: U.Today reports that throughput increased to 1,100 transactions per second.
- July 2017: The outlet says the network demonstrated sustained throughput of 1,500 transactions per second.
- October 31, 2026: U.Today published Schwartz’s explanation at 10:15 UTC. Its report did not establish when the shirt was commissioned or delivered.
Background to a technical souvenir
According to U.Today’s report, X user @unknowDLT asked Schwartz to explain the shirt shown in an image accompanying his post. Schwartz, whom the outlet identifies as an original XRP Ledger architect, answered with a story about the shirt’s commissioning and arrival.
The original meaning of XRP at 100 was straightforward: TPS means transactions per second. The inscription commemorated a network throughput milestone rather than a dollar valuation for the asset.
Schwartz said the token’s price changed between commissioning and delivery. People interpreted the design as celebrating a dollar, and, in his words quoted by U.Today, “we just went with it.” Neither historical price has a date in the account, so neither should be read as a current market quote.
The throughput chronology does not date the garment. A record of testing milestones cannot establish when merchandise was ordered, printed or worn. The missing commissioning date leaves that part of the story unresolved, even though Schwartz explained the design’s purpose.
Reactions and the market backdrop
The reaction documented by U.Today is narrow: a community member asked a question, and Schwartz described how people had interpreted the shirt. The report offers no independent analyst assessment or measured evidence of broader sentiment changing after his explanation.
His answer distinguishes the design’s original purpose from the meaning people later assigned to it. The reference to $1 describes a price Schwartz recalled from the time the shirt arrived. It is not a target for a future date.
According to CoinGecko’s XRP data, the following snapshot was recorded on October 31, 2026, at 12:13 UTC:
| Metric | XRP reading |
|---|---|
| Price | $1.25 |
| 24-hour change | +0.11% |
| 24-hour trading range | $1.23-$1.26 |
| Seven-day change | -2.55% |
| 30-day change | -16.38% |
The daily move was small, while the seven-day and 30-day periods showed losses. Those observations describe price performance, not causation. The supplied data does not isolate trading before and after Schwartz’s remarks, and U.Today’s publication time does not establish when the original X exchange occurred.
What remains unconfirmed
The outstanding questions concern documentation, not a price destination. A dated original design, commissioning record or contemporaneous post could help establish when the shirt was made. U.Today’s account provides none of those records and explicitly notes the missing commissioning date.
For technical context, a historical performance test should not be confused with current network activity. U.Today describes the later throughput benchmark but supplies no fresh testing methodology or live utilization figures. The shirt itself cannot establish either.
The explanation also supplies no basis for a return forecast. The October 31 market snapshot shows XRP down 16.38% over the preceding 30 days. That loss illustrates price risk, but does not predict what XRP will do next.
FAQ
What does XRP at 100 mean?
According to Schwartz’s explanation reported by U.Today, it originally marked the XRP Ledger reaching 100 transactions per second. Some people later read it as a reference to 100 cents, or $1.
Did David Schwartz predict a $100 XRP price?
Not in this exchange. His account explained the shirt’s origin and a historical misunderstanding; it offered no $100 price forecast.
When was the XRP T-shirt created?
The exact date remains unspecified. U.Today explicitly noted that Schwartz did not say when it was commissioned, and the throughput history alone does not settle that question.
Sources
This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrencies are highly volatile; always do your own research before investing.
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