NewsBTC

May 5, 2026

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BULLISH 📈 : Bitcoin holders shift funds to XRP amid institutional adoption push

XRP drew fresh interest at Bitcoin Conference 2026. Ripple’s booth was visible, and investors who ignored the token now looked — and allocated.

Jake Claver, chairman of Digital Ascension Group, reported a clear shift in sentiment toward XRP among longtime Bitcoin holders. He shared the observations on the Good Evening Crypto podcast.

Claver argued XRP’s price doesn’t need new legislation to move. He pushed back on the narrative that the CLARITY Act would be the key trigger.

He said agencies already acted. According to Claver, the SEC and CFTC have issued guidance classifying XRP as a digital commodity, and developments tied to the GENIUS Act have advanced US crypto rules. “What’s needed now is execution,” he said.

Claver said the legal cloud has lifted after the SEC’s lawsuit against Ripple was resolved. He linked the resolution to renewed inflows and rising confidence.

- XRP price: $1.40 (+1.55% 24h; +7% 30d; -32% 1y)

Institutions took notice. Claver echoed Ripple’s framing of 2026 as a year of institutional-scale adoption. He pointed to public remarks from Nasdaq and NYSE leaders on tokenization and said XRP Ledger is being positioned for payments and settlement.