Jake Claver, CEO of Digital Ascension Group, says large family offices among the ultra-wealthy are quietly increasing allocations to XRP. In a video posted on X, Claver said his firm has been in talks with institutional buyers making meaningful commitments as interest in XRP’s long-term narrative grows, in part driven by ETF activity.
Claver highlighted how limited XRP ownership currently is on the XRPL: roughly 8 million wallets exist, and about half of them hold fewer than 100 XRP. He contrasted that concentration with Bitcoin’s broader distribution, arguing XRP is still at an early stage of adoption and that many current holders may not realize how rare their position is.
According to Claver, these wealthy buyers are not chasing short-term gains. Having already built their fortunes, they regard XRP as a form of insurance—an uncorrelated hedge against shocks in traditional markets rather than a speculative trade.
On price, Claver laid out a high-end scenario: XRP could reach as much as $10,000 by late 2026 or early 2027 if the XRPL ecosystem becomes materially active over the next two years. He said that outcome depends on institutional-grade utilities coming online, including robust XRP treasury systems, the launch of Evernorth, on-chain borrowing mechanisms, and ledger amendments that add compliance layers and smart-contract capabilities. His thesis assumes that rising network volumes will increase demand for liquidity and that sustaining four- to five-figure prices would require significant, persistent financial flows on the ledger.
ETFs are a central part of the demand story in his view. Spot XRP ETFs are approaching $1 billion in net assets and have withdrawn roughly $897.35 million worth of XRP from exchanges and OTC desks, with reports indicating no days of net outflows so far. Ripple CEO Brad Garlinghouse has similarly pointed to growing institutional activity through Ripple Prime, saying long-watching institutions are beginning to participate after earlier regulatory uncertainty.
Market snapshot: XRPUSD is currently trading near $2.02.