"Only those who didn't buy will regret it"...XRP follows Bitcoin's early moves

▲ XRP/ChatGPT generated image

Institutional demand and on-chain accumulation movements surrounding XRP are showing a diverging trend from its price stagnation.

The Crypto Basic reported on May 21 (local time) that Jake Claver, Chairman of Digital Ascension Group, diagnosed the current state of XRP by saying, “Many investors may look back later and wish they had bought earlier.”

Claver noted that while XRP remains about 60% below its 2025 peak, its underlying conditions are actually strengthening. He cited that the total value of tokenized real-world assets on the XRP Ledger has surpassed $3 billion, marking a 59% increase in just one month.

He explained that approximately $1.35 billion has flowed into spot XRP ETFs cumulatively, with a net inflow of about $26 million on May 11 alone. He also presented Ripple’s prime brokerage subsidiary, Hidden Road, securing a $200 million asset-backed debt facility from Neuberger Berman as an example of expanding institutional infrastructure.

Claver also highlighted the growing adoption of Ripple’s USD-pegged stablecoin, RLUSD. He explained that RLUSD is expanding its utility through integration with institutional financial networks such as OKX and AMINA Bank, with BNY Mellon supporting the custody of its reserves. In terms of on-chain metrics, he mentioned that the number of wallets holding over 10,000 XRP increased to 332,230, indicating a record high concentration of large XRP wallets.

Claver compared the current XRP market structure to the early accumulation phases of Bitcoin (BTC) and Ethereum (ETH). He cited Ripple’s business expansion in Japan, the Middle East, Africa, and Europe, the US crypto market structure bill, and SBI Holdings’ increased participation in the XRP Ledger ecosystem as additional catalysts. He assessed that the institutional foundation is strengthening even during periods of price stagnation and weak investor sentiment.

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