Ex-Goldman Sachs analyst sets XRP price target at $1000 for 2030

XRP price could experience an astronomical rally of more than 74,000% over the next four to five years, as it trades around $1.34 on April 10.

This bold XRP price prediction was issued by Dom Kwok, a former Goldman Sachs analyst and a co-founder of a mobile learning application EasyA, during an interview with The Rollup. Kwok confidently predicted that the native token of the XRP Ledger (XRPL) could surge 740-fold by 2030, reaching a target of $1,000.

As Finbold previously reported, XRP reaching $1,000 could push its market cap to over $60 trillion, a target also set by Jake Claver, CEO of Digital Ascension Group, for the end of 2026. Kwok justified this massive valuation by noting the crypto industry has no ceiling for market capitalization.

Can XRP price hit $1,000 by 2030?

The likelihood of XRP price exploding to over $1,000 by the end of this decade depends heavily on the mainstream adoption of the XRP Ledger and the altcoin’s regulatory clarity.  As Finbold recently highlighted, the XRPL has more than 50% of its transactions involved in payments, bolstered by Ripple Labs’ cross-border initiatives.

The ledger has already seen its user base grow steadily to an all-time high (ATH) of more than 8.1 million addresses at press time, as Finbold noted. With more institutions, led by SBI Ripple Asia and Ripple Treasury, building scalable products on the XRPL, global demand for XRP is well-poised to expand in the coming years.

Meanwhile, a supportive regulatory framework in major jurisdictions could bolster the predicted XRP rally. The proposed Clarity Act in the United States, which aims to legalize crypto, may facilitate mainstream adoption of XRP, especially among institutional investors.

​As a result, for XRP to achieve this goal, it would require regulatory clarity, strong institutional adoption of XRPL, and sustained global demand for cross-border payments, all of which are possible but not guaranteed within the stipulated four-year timeframe.