Jake Claver, CEO of Digital Ascension Group, says ultra-wealthy family offices are rapidly buying XRP and that most holders may not appreciate how rare their position is. In a video on X, Claver said his firm has been in talks with large family offices making meaningful allocations to XRP as interest in the token’s long-term narrative increases, partly driven by ETFs.
Claver noted XRP ownership is limited: roughly 8 million wallets exist on the XRPL, and about half hold fewer than 100 XRP. He contrasted that scarcity with Bitcoin’s broader ownership, arguing XRP remains early in adoption. The wealthy buyers aren’t seeking quick gains; having already built fortunes, they view XRP as insurance—an uncorrelated hedge against shocks in traditional markets.
Asked about price, Claver suggested XRP could reach $10,000 by late 2026 or early 2027 if XRPL ecosystem infrastructure becomes active over the next two years. Key conditions he outlined include substantial institutional-grade utilities—XRP treasury systems, the launch of Evernorth, on-chain borrowing mechanisms, and ledger amendments adding compliance layers and smart-contract features. His view assumes rising network volume will demand higher liquidity and that sustained four- to five-figure price stability requires large-scale financial flows on the ledger.
Claver also pointed to ETFs as a major factor shaping supply and demand. Spot XRP ETFs are approaching $1 billion in net assets, having withdrawn about $897.35 million worth of XRP from exchanges and OTC desks, and reportedly have recorded no days of outflows. Ripple CEO Brad Garlinghouse has similarly noted increased institutional activity via Ripple Prime, with long-watching institutions beginning to step in after earlier regulatory uncertainty.
XRPUSD is currently trading near $2.02.
