Jake Claver, the CEO of Digital Ascension Group, stated that ultra-wealthy families are quickly accumulating XRP, and he believes that many XRP holders are still unaware of how unique their position is. In a video shared on X, Claver disclosed that his company has recently engaged with large family offices making substantial investments in XRP.
These remarks come at a time when XRP’s long-term outlook is gaining traction due to ETFs, indicating a shift among investors who had previously shunned cryptocurrencies entirely.
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Wealthy Families Stealthily Amassing XRP
Claver remarked that XRP ownership is currently very limited compared to the global population, pointing out that there are approximately 8 million wallets on the XRPL. Of those, about half contain fewer than 100 XRP, making current holders much rarer than they might assume. He contrasted this with Bitcoin’s broader ownership, suggesting that XRP is still in its early adoption phase.
He emphasized that the affluent families interested in XRP are not seeking immediate gains. According to him, they have already amassed their wealth and view XRP as a form of protection. In his post, he stated that these families are investing in crypto not to increase their riches, but to safeguard their existing wealth.
He described their interest in cryptocurrencies as a safeguard. These investors aim to include something uncorrelated in their portfolios in anticipation of potential disruptions in traditional markets.
Claver’s $10K Price Prediction and the Conditions He Mentioned
When inquired about his price outlook for XRP, Claver expressed that he believes the cryptocurrency could reach $10,000 by late 2026 or early 2027. He linked this forecast to the extent of ecosystem infrastructure becoming operational on the XRPL over the next two years.
He indicated that the network would require significant institutional-grade utilities, such as XRP treasury systems, Evernorth’s launch, on-chain borrowing mechanisms, and new amendments to the XRP Ledger that will introduce additional compliance layers and smart-contract capabilities.
His estimate assumes that increasing network volume will necessitate higher liquidity levels and that price stability at four- and five-figure ranges will only be feasible if the ledger can manage large-scale financial transactions. He also highlighted ETFs as a significant influence on supply and demand, noting that as ETF adoption rises, more XRP will be tied up in long-term institutional products.
In the context of ETFs, Spot XRP ETFs are nearing $1 billion in total net assets and could exceed that mark in the coming days. Since their launch, these funds have accumulated approximately $897.35 million worth of XRP from exchanges and OTC desks, and they have yet to report a single day of outflows.
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This increasing demand correlates directly with a subtle shift occurring among institutions, a trend recently emphasized by Ripple’s CEO Brad Garlinghouse. He mentioned that Ripple is experiencing significant engagement through Ripple Prime, where institutions that have long remained on the sidelines due to regulatory uncertainties or simple risk aversion are finally starting to participate.
Featured image from Unsplash, chart from TradingView
