Former Goldman Sachs analyst Dom Kwok is doubling down on his XRP price prediction of $1,000 by 2030. The co-founder of the blockchain platform EasyA is confident that Ripple’s native token will gain significant traction in the next four years. The leading altcoin is currently trading at the $1.34 range, as he reaffirmed his bullish and larger-than-life price prediction.
XRP To $1,000 Will Be a Reality in 2030, Assures Ex-Goldman Sachs Analyst
Kwok made the price prediction during a recent podcast where he was confident about the altcoin’s prospects. When the host pushed back at his ambitious forecast, the analyst did not flinch and began backing his prediction with the latest developments surrounding its parent company, Ripple.
The analyst argued that Goldman Sachs’ $154 million ETF stake and XRP’s role in the $150 trillion global payment market will reward the token in the next four years. Goldman Sachs is the biggest holder of the XRP ETF in the US, spreading across several funds. Many other institutional clients have invested millions in the XRP ETFs.
Also Read: Ripple (XRP) Price Prediction For Q3 and Q4 2026
“And I know a lot of people have been asking for my price targets on XRP, and I think this is the first time I’ll say it, but I think XRP is heading to $1000 by 2030,” he said. He also stressed that Ripple’s “utility explosion” will surprise everyone by the end of the decade. Those who don’t invest now will miss out on making life-changing gains, according to his analysis.
For XRP to reach $1,000 by 2030, it needs to rise by approximately 75,000% in four years. That’s a mind-blowing upward trajectory that retail investors and other analysts fail to wrap their minds around. The maximum the leading altcoin has gone since more than 10 years os $3.65. Going another 75,000% from here is nothing but a herculean task.
Credit: Source link