XRP Needs ₱6,055 ($100) Price for Bank-Scale Payments, Says Digital Ascension CEO
Digital Ascension Group CEO Jake Claver presented a framework analyzing six variables needed for XRP to function as institutional payments infrastructure, citing market depth and liquidity as the primary barriers to adoption.
Key Takeaway
XRP's speed means nothing if shallow liquidity bleeds 10% per large trade.
Digital Ascension Group CEO Jake Claver argued that XRP's price must rise materially before banks can use it for large cross-border settlements without bleeding millions in slippage costs.
The problem is market depth. A bank moving ₱6.05 billion ($100 million) across borders using XRP today would lose roughly 10% in slippage, according to Claver's March 26 video presentation. That's around ₱605.48 million ($10 million) vaporized per trade. Traditional equity markets see slippage under half a percent. Claver said if every single trade cost you 1 to 2% in slippage, the speed advantage turns into a faster way to lose money.
His solution centers on what he calls a "liquidity index" framework built from six variables: market depth, liquidity continuity, slippage, available supply, settlement speed, and access. XRP settles in 3 to 5 seconds, which checks the speed box. But shallow order books kill the advantage. Claver said the assets that will power the next financial system require a high stable price to function at a global scale rather than serving as volatile speculation.
The math is straightforward. At ₱61 ($1) per XRP, a ₱6.05 billion ($100 million) transaction needs 100 million tokens absorbed by the market. At $100 per XRP, you need just 1 million tokens. Claver estimates liquidity must grow roughly 20 to 100 times to narrow the slippage gap. He said the lever for that has got to be price. Market cap alone doesn't tell you if a network can handle institutional flow since it assumes every token could be valued at the last traded price.
Ripple President Monica Long predicted institutional adoption at scale for XRPL and XRP in 2026, while CTO Emeritus David Schwartz identified volatility as a barrier, saying banks simply won't hold a volatile asset at scale unless they hedge it or hold XRP only briefly during payments through On-Demand Liquidity.
Claver framed XRP's payments thesis as fixed supply, growing demand. As more tokens lock up in ETF products, corporate treasury inventory, and DeFi pools, he said price would not slide up gradually but gap higher once sellers became scarce. XRP traded at $1.3337 at press time on March 28, 2026.
This article was written based on reporting from NewsBTC.
