Crypto news

17.06.2026
01:55

XRP to $1,000? Analysis of anomalous growth and ambitious forecast from a former Goldman Sachs analyst

On Monday, the XRP exchange rate demonstrated an impressive surge, jumping 9.3% and reaching a local high of $1.29. This spike occurred against the backdrop of active accumulation of the coin by large holders and the resumption of discussions about a long-standing forecast that the asset could soar to $1,000. The current rise also coincided with a general revival in the altcoin market.

What is behind the XRP rise?

An analysis of market sentiment shows that on the eve of the rally, the level of pessimism around XRP fell to its lowest levels since October 2025. Historically, it is precisely in moments of total despair among retail investors in this cryptocurrency that powerful price impulses are born. The key trigger for the trend reversal was the easing of geopolitical tensions, which prompted investors to return to risk assets. Bitcoin reacted by rising to $65,300, gold gained about 2%, while oil, on the contrary, lost more than 3%. In this wave of optimism, XRP confidently maintains an upward dynamic, consolidating around $1.22 with a daily gain of 3.25%.

Large holders dictate the trend

In addition to macroeconomic factors, the coin receives strong support from its largest holders. According to blockchain data, wallets with a balance of over 1 million XRP now hold 74.1% of the total market supply. Over the past six months, these "whales" have increased their holdings by approximately 1.53 billion tokens. This indicates a high degree of confidence among institutional players in the long-term prospects of the asset, despite recent price drawdowns. When sustained accumulation by large participants combines with a positive macro environment, sharp rebounds occur quickly and confidently.

Forecast of $1,000: utopia or reality?

Against this backdrop, the forecast of Dom Kwok, co-founder of the EasyA app and former Goldman Sachs analyst, has again attracted attention, setting a long-term target for XRP at $1,000 by 2030. His model is based on expected scenarios of mass adoption and an influx of new users. Kwok compares the current evolution of the blockchain industry to the dawn of the internet era: it only became truly widespread after the emergence of simple and useful services. The specificity of the crypto sphere, in his opinion, is that projects launched on the XRP Ledger create value directly for the XRP coin itself, rather than accumulating it within third-party overlays.

Kwok also points to the extremely low penetration rate of cryptocurrencies: currently, only 7% of the world's population owns them. He is convinced that when the remaining 93% begin to enter the market, they will ignore expensive Bitcoin and Ethereum, choosing the more affordable XRP. To reach a price of $1,000 from current levels, a growth of approximately 81,867% would be required, implying an influx of trillions of dollars and a market capitalization exceeding $60 trillion. Such a leap is only possible with an unprecedented level of technology adoption in international finance and commercial settlements.

My analysis shows that the $1,000 scenario is an extreme and highly unlikely "bullish" case. However, the very logic of accumulation by "whales" and XRP's potential as a payment bridge between fiat systems deserve attention. In the short term, the key level to confirm the strength of the trend will be a breakout of resistance in the $1.30–$1.35 range.