Analysts have previously argued that XRP needs to reach at least $10 in order to provide the revenue that many traders expect. Jake Claver, a digital asset analyst whose clients have large holdings of XRP, says the goal is achievable but only if conditions align at the same time.
A $10 goal is all it takes
Claver was open of the necessary conditions. A $10 XRP is not a fixed result. It is the result of a perfect storm, and several events must occur in sequence for the storm to occur.
The most important thing is the CLARITY Act. Claver said that the rules are not important for the crypto concept. It is very important for the world economy. His views are specific and are not found in mainstream media.
As the yen finally picks up in trade, more U.S. Treasuries will hit the market as Japanese and foreign investors sell U.S. bonds to buy domestic goods. The US needs domestic demand to absorb the Treasury without disrupting the bond market.
Stablecoins, which under the GENIUS Act framework must be backed by US Treasuries, represent domestic interests. Without stablecoin regulations in place, banks are not prepared to issue them at scale, and without scale, the security of the trading market is non-existent.
“If we don’t have stablecoin regulations in place, banks won’t be able to,” Claver said. “Stablecoins are what is needed at home to stabilize the bond market and ensure that all global currencies do not collapse.”
In this amendment, the CLARITY Act and the GENIUS Act are not limited to crypto regulation. It’s a financial system, and their approach opens up how cross-border XRP becomes more important for organizations.
Where XRP Stands Right Now
XRP briefly touched $1.00 this week before recovering a bit, sitting around 70% below its all-time high. Claver described the current prices as a buying opportunity.
$10 XRP requires the CLARITY Act to pass, stablecoin regulations to reach banks, venture capital to enter the market and the larger ecosystem to adapt and reduce prices when prices drop.
None of those things are guaranteed. But Claver believes it’s more likely than not that it won’t happen before the end of the cycle, and that current investors will be the ones to benefit the most when it does.
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