XRP (XRP-USD) remains a central topic for investors as a prediction from a former Goldman Sachs ($GS) insider continues to circulate. Dom Kwok, the co-founder of the blockchain platform EasyA, believes the token is on a path to reach $1,000 by 2030. While the number sounds impossible to some, Kwok argues that a shift in how big banks use digital assets makes this target more than just a dream.
Goldman Sachs Position Supports Large-Scale Trust
Kwok often points to his former employer as early proof that the tide is turning. Goldman Sachs has officially become the largest institutional holder of XRP ETFs in the U.S., with a disclosed position of $153.8 million spread across several funds.
This move by a major Wall Street bank is seen as a green light for other large investors. Kwok explains that once hedge funds and asset managers finalize their new rules for crypto, an influx of capital will hit XRP that hasn’t arrived yet.
He famously commented on his commitment to this outlook on social media, stating: “The reason I went grey in my 30s is because there’s no way XRP will be below $1,000 by 2030.”
Ripple Captures Share of Global Payment Markets
The core of the $1,000 thesis is not just trading, but how XRP is used in the real world. Every year, roughly $150 trillion moves across borders through traditional banking systems like SWIFT, which are often slow and expensive. Ripple’s technology allows these payments to settle in seconds for a fraction of the cost.
Kwok argues that even if the XRP Ledger captures only a small slice of this global flow, the demand for the token would explode. This institutional shift “is going to obviously create huge inflow with new capital,” according to Kwok, positioning the token to take over high-growth payment corridors that were once closed to digital assets.
Network Effect Brings More Builders to the Ripple Ecosystem
A rising price does more than just make investors happy; it builds the network. Dom’s brother and EasyA co-founder, Phil Kwok, explains that as more money flows in, it attracts more developers. These developers build new applications on the XRP Ledger, which then drives even more usage.
This virtuous cycle is what makes the long-term price so hard to predict using old models. During an interview at the New York Stock Exchange, Dom Kwok officially shared his target:
“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.”
XRP’s Market Cap Debate Creates Skepticism
Critics of the $1,000 target point to a major math problem. With 61 billion tokens in circulation, a price of $1,000 would give XRP a market cap of $61 trillion. This would make it more valuable than all the world’s stock markets combined.
Kwok acknowledges that the number looks extreme, but he argues that traditional market cap rules don’t apply to a global bridge currency. If XRP is routing trillions of dollars in value every day, its price must reflect that massive utility. While most analysts believe a more realistic target is much lower, Kwok remains firm that the “utility explosion” will surprise everyone.
At the time of writing, XRP is sitting at $1.4047.
