Digital Ascension Group CEO Jake Claver suggested that XRP current market price does not reflect what he believes is unfolding behind the scenes.
According to Claver, major financial institutions are accumulating XRP away from public attention. He argued that retail investors are largely unaware of the scale of this activity, which he believes is positioning XRP for a much larger role in the global financial system.
In his words, today’s price is “merely a shadow of what’s coming”. This implies that the market has yet to price in XRP’s potential use as a backbone for international finance.
XRP as a Foundation for Global Finance
Claver described XRP’s future in terms of utility rather than short-term price action. He suggested that if XRP evolves into a core settlement layer for cross-border payments, current investor hesitation could later be seen as a missed opportunity.
This perspective aligns with his long-standing view that XRP is uniquely positioned due to its speed, liquidity focus, and growing integration with institutional products.
Pattern of Extreme Conviction
This is not the first time Claver has expressed near-total confidence in XRP. In late December, he stated he was “99.99999% confident” that XRP would make an unbelievable move before the year’s end, even as the token traded below $2.
Earlier in the month, he also reiterated his belief that XRP could eventually reach triple-digit prices, citing catalysts such as expanding XRP ETFs, shifts in global liquidity, regulatory clarity, and macroeconomic disruptions.
ETFs and Institutional Products Fuel the Thesis
Claver has frequently pointed to ETF activity as a key signal. He highlighted strong inflows into XRP investment products and noted that major asset managers are now offering exposure, which he sees as validation of institutional interest.
He has also speculated that future ETF filings from large firms like BlackRock could act as a major trigger. Meanwhile, he has acknowledged that some of these assumptions remain speculative.
Pushback From the Community
Despite his confidence, Claver’s predictions have drawn criticism. Many community members argue that his timelines have been too aggressive, especially as earlier price targets such as $100 by year-end now appear unrealistic.
Yet, Claver has not retreated from his thesis. Rather than focusing on short-term price performance, he continues to stress long-term outlook, suggesting that XRP’s true value may only become clear once structural changes in global finance take shape.
At the moment, XRP remains far below the levels Claver has projected. But his latest comments reiterate that the current market is still only seeing a fraction of the bigger picture.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
