Finance coach Kamilah Stevenson has issued a bold statement regarding XRP, highlighting that Ripple‘s non-disclosure agreements (NDAs) are now expiring and contracts are being made public. Stevenson, known for sharing financial insights on social media, suggested that this development may trigger a significant price movement in the cryptocurrency that could surprise millions of investors.
Retail versus institutional positioning
According to Stevenson, retail investors have had extended opportunities to acquire XRP at low prices, but the landscape is rapidly shifting. She claimed that institutional investors, equipped with new access to information as Ripple’s NDAs lapse, are now moving in and could soon dominate the market, potentially pushing prices beyond the reach of average participants.
“You had plenty of time to accumulate at cheap prices. Institutions are positioning themselves to price retail out, and XRP’s price could shock millions as contracts are released daily,” Stevenson warned in her latest post.
This message coincided with the release of a video from the Mr. M Podcast, featuring host Maurizio Pedrazzoli Grazioli and Cory Klippsten, CEO of Bitcoin financial services company Swan.com. Klippsten and his firm provide advisory and investment services tailored to Bitcoin and digital assets, appealing mainly to institutional and high-net-worth clients.
Their discussion offered context to Stevenson’s concerns regarding the shifting dynamics in the XRP market, especially as former confidential agreements are revealed.
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AAPLThe data behind altcoin performance
During the podcast, Klippsten explained that his firm examined the historical performance of various cryptocurrencies against Bitcoin. He stated that, in 2022, only XRP and Dogecoin managed to reach new all-time highs in Bitcoin terms when compared to their previous record peaks. Specifically, XRP achieved a higher valuation against Bitcoin in 2017 than in 2013, while Dogecoin passed its prior high during the surge linked to Elon Musk’s influence in 2021.
Comparing all major altcoins historically has shown that very few, except XRP and Dogecoin, have managed to exceed their prior all-time highs against Bitcoin. This pattern points to diminishing returns for most alternative cryptocurrencies as time progresses, argued Klippsten.
He also noted that both XRP and Dogecoin currently trade well below those historic highs. Klippsten’s analysis suggests that many altcoins, viewed through a Bitcoin benchmark, tend to see reduced gains with each major cycle.
Mini dictionary: Swan.com, a US-based company offering Bitcoin-focused brokerage and financial services to institutions and individuals.
| Coin | New ATH vs Bitcoin after initial peak? | Last occurrence |
|---|---|---|
| XRP | Yes | 2017 |
| Dogecoin | Yes | 2021 |
| Other large altcoins | No | – |
Measuring value in Bitcoin terms
Podcast host Pedrazzoli Grazioli encouraged investors to assess altcoins like XRP relative to Bitcoin, instead of relying solely on traditional fiat valuations. He argued this could help investors better understand market cycles and risk profiles.
Throughout the discussion, both Klippsten and Pedrazzoli Grazioli underlined that XRP has experienced repeated cycles of increased visibility and speculation. However, those who acquired XRP early in such cycles, ahead of major institutional involvement, frequently benefited most from significant price movements.
This echoes Stevenson’s view that, with NDAs now expiring, the market is set for a new phase dominated by institutional players.
Impact of Ripple NDA expirations
Stevenson’s remarks focus on the wave of newly public contracts following Ripple’s NDA expirations. Ripple, a company specializing in real-time gross settlement systems and known for its global payment network, has previously operated under strict confidentiality with many partners as it sought to build institutional relationships.
The current shift to greater transparency about these agreements points to expanded institutional engagement. Stevenson sees this as a sign that the accumulation window for retail investors has likely closed, with major players now able to acquire significant XRP positions as new information emerges.
The podcast conversation supports the idea that historical data should inform expectations. Altcoins, including XRP, have repeatedly shown declining gains relative to Bitcoin after past peaks, suggesting institutional timing may now play a more central role in future price action.
