Recently, Digital Ascension Group CEO Jake Claver once again expressed extreme optimism about XRP, publicly stating that he is 99.99999% confident that XRP will see an “astonishing surge” this year. This statement quickly sparked discussions within the cryptocurrency community, especially given XRP’s prolonged price stagnation, making the outlook appear even more aggressive.
The incident originated when a member of the XRP community asked Claver on the X platform to explain the reasons behind his high confidence in XRP’s prospects. Claver responded with a very affirmative reply. However, market data does not look optimistic. Currently, XRP is priced at approximately $1.87, down nearly 50% from its five-month high of about $3.66. As a result, many investors have given up hope for 2025 and are shifting their focus to 2026.
Nevertheless, Claver remains firm in his judgment. Earlier this month, he reiterated on a podcast that XRP still has the potential for a hundredfold increase, with prices possibly reaching three digits. He believes this trend depends on multiple macro and industry catalysts, including fluctuations in the global oil market, stricter US crypto regulations, continuous inflows into XRP ETFs, and global liquidity changes triggered by structural adjustments in the Japanese financial system.
Regarding ETFs, Claver emphasized that recently, XRP ETFs attracted over $1.1 billion in capital in a short period, with institutions like Canary Capital, Grayscale, Bitwise, and Franklin actively positioning themselves. He also mentioned that traditional institutions managing trillions of dollars are beginning to venture into XRP products, further strengthening his long-term bullish thesis. He expressed high expectations for the potential involvement of XRP in BlackRock’s ETF, which has been rumored, but also acknowledged that this remains speculation.
However, Claver’s bold predictions have also faced significant skepticism. As the year-end approaches, his previous forecast of XRP reaching $100 to $1,000 by the end of the year has not materialized, and many investors have criticized his overly optimistic stance on social media, affecting market sentiment. Some users even outright stated that unless they have insider information, it is impossible to be so certain.
Overall, Jake Claver’s statements have reignited debates about XRP price forecasts, the outlook for XRP ETFs, and confidence in the crypto market. In the absence of clear trends and trading volume support, whether XRP can achieve a substantial breakthrough before the year’s end remains to be seen by the market.
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