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Jake Claver: XRP Already Ran a Supply Shock Once. Here's What to Expect
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Financial strategist Jake Claver has once again shared his expectations for XRP’s future performance.
In a recent post on X, Claver argued that XRP has previously experienced a major supply shock that contributed to its historic rally and suggested that similar market conditions could support another move toward its all-time high.
Claver wrote that XRP “already ran a supply shock once” when Ripple locked a significant portion of the token supply into escrow.
According to him, that event helped drive the asset’s rise to its record price of $3.84 during the 2017 market cycle, a level that has yet to be reclaimed. He added that increasing demand and a limited circulating supply create a similar setup today and questioned whether XRP could revisit that peak during the current cycle.
Claver Explains Why He Expects Another Strong Move
The post included a short video in which Claver expanded on his reasoning. He said the previous escrow arrangement involving half of XRP’s total supply played a key role in the asset’s rally during 2017 and 2018. Referring to the previous cycle, he stated that XRP climbed to $3.84 and expressed his belief that the asset will return to that level in the near future.
Claver acknowledged that the circumstances surrounding any future supply shock may not be identical to those seen in the past. However, he maintained that he expects significantly stronger demand for XRP going forward, suggesting that increasing market interest could help support another major price advance.
Previous Four-Digit XRP Forecast Provides Additional Context
His latest comments come after previously making a much more ambitious long-term projection for XRP. According to a Times Tabloid report, Claver outlined a scenario in which XRP could reach four-digit prices by the end of 2026. He explained that his outlook depends on several developments occurring together, including broader adoption, greater regulatory clarity, and a substantial influx of liquidity into the cryptocurrency market.
Based on those assumptions, Claver suggested XRP could eventually trade between $1,500 and $2,000. His latest remarks, which focus on a return to XRP’s previous all-time high, provide a shorter-term perspective while maintaining his broader bullish outlook on the asset’s future potential.
X Users React to the Latest Prediction
Disclaimer*: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.*