Jake Claver, CEO of Digital Ascension Group, says ultra-wealthy families are fast accumulating XRP, and he believes most XRP holders still don’t realize how rare their position is. In a video on
His comments come at a time when XRP’s long-term story is witnessed increased interest as a result of ETFs, and they highlight a shift taking place among investors who have always avoided cryptocurrencies altogether.
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Wealthy families are quietly accumulating XRP
Klaver explained that XRP ownership is currently extremely limited relative to the world population, noting that only about 8 million wallets exist on the XRPL. Half of these wallets contain less than 100 XRP, making existing holders much rarer than they might think. He contrasted this with Bitcoin’s widespread ownership, arguing that XRP is still early in the adoption curve.
He said the wealthy families showing interest are not looking for quick profits. According to him, they have already built their fortunes and instead see XRP as a form of insurance. According to his post, these families are buying cryptocurrencies not to get richer, but to protect the wealth they already have.
He described their interest in cryptocurrencies as a hedge. These investors want something unrelated in their portfolios before a potential shock hits traditional markets.
Claver’s $10,000 price target and the terms he outlined
When asked where he sees the price of XRP going, Claver said he believes the cryptocurrency could act $10,000 by late 2026 or early 2027. He tied this prediction to how much ecosystem infrastructure becomes active on the XRPL in the next two years.
He said the network needs substantial institutional-grade utilities, including XRP treasury systems. Evernorth’s launch, on-chain lending mechanisms, and new changes to the XRP ledger that will bring additional layers of compliance and smart contract features.
His projection assumes that rising network volume will require higher levels of liquidity and that price stability at four- and five-digit levels will only be achievable if the ledger handles large-scale financial flows. He also pointed to ETFs as a key factor in shaping supply and demand, noting that as ETF adoption increases, more XRP will be locked up in long-term institutional products.
Speaking of ETFs, Spot XRP ETFs are now approaching $1 billion in total net assets and could cross that threshold within days. Since their debut, these funds have raised approximately $897.35 million in XRP from exchanges and OTC agencies. Not a single day of outflow has been recorded yet.
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This growing demand is directly related to a silent change taking place among institutions, a trend that Ripple CEO Brad Garlinghouse recently highlighted. He explained that Ripple is seeing notable activity through Ripple Prime, where long-watched institutions that were once left out due to regulatory uncertainty or simple risk aversion are finally starting to step in.
Featured image from Unsplash, chart from TradingView