The XRP cryptocurrency has recently gained renewed attention following a bold long-term price prediction from market experts. Dom and Phil Kwok, founders of EasyA, have reiterated their forecast that the token could reach $1,000, despite acknowledging that this may take longer than initially anticipated. They emphasized that while the short-term outlook remains uncertain, the long-term case for XRP continues to be robust.
In a recent episode of the Thinking Crypto podcast, hosted by Tony Edward, the Kwok brothers reflected on their earlier projection of $1,000 by 2030, which still resonates with the XRP community. Dom Kwok noted that the short-term market dynamics are still being assessed and that they are not yet prepared to set a definitive target for this current cycle. However, he reaffirmed their long-term optimism for XRP, stating that the forecast remains viable.
According to Dom, the potential influx of new capital into XRP is contingent on the clarification of market regulations. With the legal framework for cryptocurrency investments evolving—especially after the resolution of the SEC lawsuit against Ripple—he believes that institutional investors are poised to inject significant funds into the asset. The Kwoks attribute part of their confidence in XRP’s future to the ongoing efforts of financial institutions’ legal teams who are determining how to navigate the evolving cryptocurrency landscape.
Phil Kwok also highlighted the role of network effects as a catalyst for XRP’s growth. He pointed out that rising prices tend to attract more developers to the ecosystem, which, in turn, fosters innovation and support for the token. The recent performance of XRP supports their viewpoint; the token has surged by 456% over the past year, trading above $3, and is currently recognized as one of the best-performing large-cap altcoins.
Dom further stressed the importance of price trends in the cryptocurrency market, noting that declining prices can deter both users and developers. However, the current upward momentum in XRP’s value appears to be attracting more investors and technical talent to its platform. While the immediate future remains unpredictable, the long-term belief in hitting the $1,000 mark continues to inspire discussions within the XRP community.
Meanwhile, not all experts share the Kwoks’ timeframe; some, like Matthew Brienen from CryptoCharged, suggest that the $1,000 milestone may be more achievable by 2035. Despite varied timelines, the consensus indicates that XRP’s strong market position, increasing utility, and growing institutional interest create a promising long-term trajectory for the cryptocurrency, making the $1,000 target a focal point for many supporters, regardless of when it might be realized.
