SBI CEO Makes Shocking Statement About XRP Price Surge Possibilities

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Aug 22 2025

John Squire's Commentary: Crypto commentator John Squire shared a video of SBI Holdings’ CEO Yoshitaka Kitao claiming that "$XRP will reach a very high price," emphasizing Kitao's influential position in the XRP ecosystem.
SBI Holdings' Stake: SBI Holdings is Ripple's largest external shareholder, owning about 9% of its shares, which adds credibility to Kitao's bullish prediction regarding XRP's potential price increase.
Ripple-SEC Case Resolution: The conclusion of Ripple's legal battle with the SEC has lifted uncertainty around XRP, allowing for potential new demand and institutional interest, although some restrictions remain.
Market Outlook: Kitao's optimistic view hinges on the belief that legal clarity will enhance XRP's market position, but broader economic factors and Ripple's strategic execution will also influence its price trajectory.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

SBI CEO Makes Shocking Statement About XRP Price Surge Possibilities

About the author

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