Former Goldman Analyst Backs $1,000 XRP Price Target, Saying ‘They’re Really Going to Be Buying XRP ’
A former Goldman Sachs (GS) analyst thinks XRP’s price (XRP-USD) could hit $1,000 by 2030 because new crypto users will choose it over larger coins. EasyA co-founder Dom Kwok compares modern blockchains to the early internet, where real value only arrived after people built useful applications. He believes this network offers far more practical use cases than other top tokens, which will draw in millions of everyday people.
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While a $1,000 price point would require the total market value to climb by trillions of dollars, he expects many of the incoming buyers to shift the landscape. Pointing out that most newcomers are priced out of top assets, he shared his view on where they will put their cash. “They aren’t buying Bitcoin and Ethereum, they’re really going to be buying XRP,” Dom said. This ambitious prediction, alongside the easing of U.S.-Iran tensions, helped push the token up over 9% to an intraday high of $1.29 alongside a broader market recovery.
Global Leaders Ease Market Strain
The price of XRP climbed fast on Monday following a period of deep pessimism among investors. This quick turnaround occurred right as the United States and Iran reached a new deal, which helped lift the mood across the entire crypto market. Because global tensions eased up, Bitcoin moved up toward $65,300 while oil prices dropped more than 3%. The token currently trades around $1.22, holding onto a gain of over 3% during the past day.
Rich Whales Grab at XRP’s Token Supply
Large holders continue to back the asset by pulling more coins off the open market. On-chain data shows that wallets with at least one million XRP now control 74.1% of the total supply. These massive buyers added roughly 1.53 billion tokens to their balances over the last six months alone. This steady accumulation from big players helps maintain long-term confidence and sets the stage for fast price recoveries when global market conditions improve.
At the time of writing, XRP’s price is sitting at $1.2347.
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