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- Dom Kwok sees XRP reaching $1,000 through institutional and retail adoption.
- ETFs and Ripple’s ecosystem growth could strengthen XRP’s position.
- Critics remain skeptical, but long-term supporters see exponential potential.
Despite XRP trading near $3 today, bold long-term price predictions are surfacing. Dom Kwok, Co-founder of EasyA, recently argued that XRP could eventually scale to four figures. Speaking on the future of digital payments, Kwok highlighted the SWIFT model, institutional adoption, stablecoin payments, and retail participation as the key forces that could push XRP toward the $1,000 milestone.
Kwok stressed that XRP’s potential isn’t tied to one catalyst alone. Instead, it is the convergence of cross-border payments, large-scale adoption, and network effects that could transform the XRP Ledger into a dominant settlement layer for global money flows.
Retail Investors and the Nvidia Parallel
Kwok drew comparisons between XRP and Nvidia’s rise during the artificial intelligence boom. Just as retail investors saw Nvidia as the simplest way to gain AI exposure, he suggested XRP could attract new entrants seeking exposure to blockchain-based payments. With 93% of the world’s population still outside of crypto, the wave of retail adoption could add significant upward pressure on price.
Institutional adoption is another major piece of the puzzle. With the growing availability of crypto ETFs, Kwok believes top assets like Bitcoin, Ethereum, and XRP will benefit most. Unlike smaller-cap tokens, professional money managers are more likely to allocate capital to the most liquid, established cryptocurrencies. This could cement XRP’s position within the top five and set the stage for exponential growth.
Also Read: Holding XRP Beat Ethereum 3x Over the Past Year – Here’s Why
Ripple’s Ecosystem Expansion
Kwok also cited Ripple’s recent strategic moves as evidence of XRP’s growing utility. These include its RLUSD stablecoin, acquisition of prime broker Hidden Road, and global licensing efforts. EasyA itself has partnered with Ripple to onboard over 1 million developers to the XRP Ledger. Despite lacking a breakout DeFi moment, XRP’s market cap has already reached $210 billion in the past—demonstrating its capacity for significant valuation.
A Contested Yet Bullish Target
At $3.01 today, XRP would need to climb over 33,000% to reach $1,000. Critics argue such a level would make XRP larger than the entire stock market. Still, Kwok maintains that its real-world use cases could eventually justify the valuation, with a potential timeline extending to 2030.
While controversial, Kwok’s prediction highlights the optimism of XRP supporters who see the token not just as a speculative asset, but as a core settlement tool for the future of finance.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses
I’m a crypto enthusiast with a background in finance. I’m fascinated by the potential of crypto to disrupt traditional financial systems. I’m always on the lookout for new and innovative projects in the space. I believe that crypto has the potential to create a more equitable and inclusive financial system.
