This XRP Price Prediction From Ex-Goldman Analyst Eyes $1,000 by 2030

Former Goldman Sachs analyst Dom Kwok sparked intense debate across cryptocurrency markets with his audacious XRP price prediction of $1,000 by 2030. It represent a staggering 31,000% surge from current levels.

The co-founder of blockchain education platform EasyA doubled down on his forecast in recent interviews, citing institutional adoption and regulatory clarity as pivotal catalysts for the projected rally.

XRP price today (Wednesday), 15 October 20205, stands at $2.49 with a market capitalization of $140.08 billion, maintaining its position as the fifth-largest cryptocurrency by market value.

How high can XRP price go, why technical analysis forecasts medium-term target of $5.5 and what are the newest predictions? I am answering all these questions in the article below.

Can XRP Hit $1,000? Institutional Capital Becomes The Missing Catalyst

Kwok emphasized that institutional adoption represents the critical driver for XRP's explosive growth potential. During a September 2025 appearance on the Thinking Crypto podcast, he explained that large investment funds are actively updating internal mandates to diversify digital asset holdings beyond Bitcoin and Ethereum.

This institutional shift "is going to obviously create huge inflow with new capital," according to Kwok, positioning XRP to capture significant portions of these diversified allocations.

Paul Howard, director at Wincent, reinforced this institutional narrative regarding pending XRP exchange-traded fund applications.

"Approval of an XRP ETF is likely on the cards," Howard stated, adding that "Ripple has been doing a fantastic job in building their network and finding use cases for their cryptocurrency".

An approved ETF would "open up new avenues for their institutional and retail customer bases," representing a net positive catalyst for token appreciation.

The resolution of Ripple's SEC lawsuit removed a major compliance barrier that previously deterred institutional participation.

"Obviously now the SEC lawsuit has been removed essentially from all of their screens," Kwok noted, enabling funds to "actually now start to really talk about it" without legal concerns overshadowing investment decisions.

Why XRP Price Will Surge? Network Effects Amplify Growth Trajectory

Phil Kwok, Dom's brother and EasyA co-founder, highlighted network effects as another fundamental driver supporting the $1,000 price target. As XRP's price increases, it naturally attracts more developers and users to the ecosystem, creating a self-reinforcing cycle of adoption and value appreciation. This dynamic has already demonstrated tangible results as XRP surged 456% over the past year to trade above $3 during peak periods, establishing itself as the best-performing large-cap altcoin in the current market cycle.

Ripple's expanding network of 300+ financial institutions utilizing its On-Demand Liquidity (ODL) technology provides concrete evidence of real-world utility driving these network effects. Each new institutional partner strengthens XRP's position as a bridge currency for cross-border payments, potentially unlocking trillions in global remittance volume.

Technical Analysis Shows Next Target: $5.5

Technical examination of XRP's chart structure reveals the cryptocurrency currently consolidates between horizontal support at $2.35 and a confluence of resistance levels. The resistance zone includes the critical $2.70 level—representing May highs that previously served as support for several months—alongside the 200-day exponential moving average (200 EMA).

According to my technical analysis, the recent price action shows XRP breaking down from a wedge or triangle formation drawn from July highs, exiting the pattern to the downside. This technical breakdown potentially opens the door to stronger declines if current support at $2.35 fails, with secondary support identified at $2.05.

Joel Kruger, strategist at LMAX, noted that "the crypto market has seen modest downward pressure" with elevated volatility as "investors gauge exposures and digest macro headlines".

However, medium-term outlook remains constructive with bullish positioning targeting a return toward the $3.65 level where prices traded during July peaks. Utilizing Fibonacci extensions to project long-term targets reveals objectives for XRP over the next six months around $4.50, with a highly optimistic scenario aligning with the 161.8% extension near $5.50.

This upper target would represent a 120% gain from current levels, far exceeding most mainstream analyst forecasts yet remaining exponentially below Kwok's $1,000 projection.

Technical analysis of the XRP price chart. Source: Tradingview.com

XRP Price Analysis, FAQ

What is XRP price prediction for 2030?

Former Goldman Sachs analyst Dom Kwok predicts XRP could reach $1,000 by 2030, requiring a 31,445% increase from current $2.49 levels, though alternative analysts like Matthew Brienen suggest this target may not materialize until 2035, with more conservative forecasts projecting $4.50-$5.50 in the next 6-12 months based on Fibonacci technical analysis.

Will XRP reach $1,000?

Achieving $1,000 would require XRP's market cap to reach approximately $59 trillion, exceeding all global stock markets combined, necessitating unprecedented institutional adoption, capture of significant cross-border payment volumes ($150 trillion annually), and regulatory clarity enabling pension fund and sovereign wealth allocations to cryptocurrencies.

Is XRP a good investment in October 2025?

XRP trades at $2.49 with technical support at $2.35 and resistance at $2.70, down 16.73% weekly amid macro headwinds from US-China trade tensions, though pending XRP ETF approval (expected October 2025), resolution of SEC lawsuit, and 300+ institutional ODL partnerships provide long-term bullish catalysts despite near-term volatility risks requiring careful risk management.

What affects XRP price movement?

Key drivers include institutional capital inflows following SEC lawsuit resolution removing compliance barriers, pending XRP ETF approval opening retail/institutional access, network effects from 300+ financial institutions using Ripple's ODL technology, Federal Reserve monetary policy impacting risk asset appetite, and geopolitical tensions creating macro headwinds for cryptocurrency markets broadly.