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BULLISH 📈 : XRP could reach four-digit prices by 2030, says CEO
Digital Ascension Group CEO Jake Claver suggests that XRP could reach three-digit and four-digit prices before 2030, even without the US Digital Asset Market Clarity Act. His argument is based on utility, liquidity, and a potential supply shock linked to institutional adoption.
Key Points:
- XRP must achieve higher prices to be viable for large-scale back-end settlement across tokenized markets.
- Claver believes XRP needs to hit at least three digits to support such settlement flows.
- He argues that XRP's current positioning allows banks to use it for settlements, citing authority from the OCC and its listing alongside Bitcoin and Ether.
- A crisis moment could trigger a supply shock, pushing XRP prices significantly higher.
- Claver does not support fixed repricing or pegs for XRP, emphasizing the need for a dynamic price as network volume grows.
- He forecasts that 80% of global value will be tokenized by 2030, with XRP facilitating back-end transactions.
- The thesis hinges on whether markets will require XRP to be expensive for scale usage; without this demand shock, the four-digit scenario may not materialize.
At the time of reporting, XRP was priced at $1.4067.
