Jake Claver, CEO of Digital Ascension Group, says ultra-wealthy families are Fast Accumulating XRP, And he thinks most XRP holders still don’t realize how rare their position is. In a video posted on
His comments come at a time when the long-term narrative of XRP is there is an increased interest Through ETFs, they highlight an ongoing shift among investors who have historically avoided cryptocurrencies altogether.
Rich families quietly accumulate XRP
Claver explained that Ownership of XRP is currently extremely limited relative to the world’s population, with only around 8 million wallets in existence on XRPL. Half of these wallets contain less than 100 XRP, making existing holders much rarer than they think. He compared this to the widespread ownership of Bitcoin, saying that XRP is still at the beginning of its adoption curve.
He said the wealthy families who are interested in it are not looking for quick profits. According to him, they have already built their fortune and instead view XRP as a form of insurance. According to his message, these families are buying cryptocurrencies, not to get rich, but to protect the wealth they already have.
He described their interest in cryptocurrencies as a hedge. These investors want something uncorrelated in their portfolios ahead of any potential shocks to traditional markets.
Claver’s $10,000 price target and conditions he outlined
When asked where he sees the price of XRP, Claver said he believes the cryptocurrency could negotiate $10,000 by the end of 2026 or early 2027. He linked this prediction to how active the infrastructure ecosystem is on XRPL. over the next two years.
He said the network would need significant institutional-grade utilities, including XRP treasury systems, the launch of Evernorth, on-chain and new borrowing mechanisms XRP ledger changes this will bring additional layers of compliance and smart contract functionality.
His projection assumes that increased network volume will require higher liquidity levels and that price stability in four- and five-digit ranges will only be achievable if the ledger handles large-scale financial flows. He also highlighted that ETFs are a major factor in determining supply and demand, noting that as ETF adoption grows, more XRP will be locked into long-term institutional products.
Speaking of ETFs, Spot XRP ETFs are now approaching $1 billion in total net assets and could cross this threshold in the coming days. Since their inception, these funds have collected approximately $897.35 million worth of XRP from exchanges and OTC desks, and they have not yet recorded a single day of releases.
This growing demand is directly linked to a quiet shift occurring within institutions, a trend that Brad Garlinghouse, CEO of Ripple, recently highlighted. He explained that Ripple is seeing notable activity through Ripple Prime, where long-standing oversight institutions that once stayed on the sidelines due to regulatory uncertainty or simple risk aversion are finally starting to step in.
Featured image from Unsplash, chart from TradingView
