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During a recent interview at the New York Stock Exchange, EasyA co-founders Dom and Phil Kwok shared why they believe XRP could reach $1,000 by 2030.
Notably, the brothers pointed to the growth of decentralized finance (DeFi) on the XRP Ledger (XRPL), Ripple’s growing global footprint, and increasing interest from major financial institutions as the catalysts that could trigger this price.
XRP DeFi Could Trigger the XRP to $1,000 Price
Specifically, Dom Kwok explained that EasyA has built a close partnership with Ripple, working together to connect over one million developers to the XRPL.
Speaking further, he highlighted Ripple’s acquisition of Hidden Road, a prime broker, as a major example of how XRP will support real-world use cases like trade settlement and cross-border payments.
Meanwhile, Phil Kwok spotlighted how XRP could benefit massively from its growing DeFi scene, eventually leading to the $1,000 price mark. Phil noted that, unlike Ethereum, which already experienced a breakout DeFi phase that pushed its market cap into the hundreds of billions, XRP and Stellar haven’t had that moment yet.
Dom Kwok said, “I know a lot of people have been asking for my price targets on XRP. And I think it’s the first time I’ll say it, but I think XRP is heading to $1,000 by 2030. So for me, it’s, you know, a super important project and actually probably one of the most important projects out there at the moment.”
According to him, this is a major opportunity. Phil pointed out that despite not having a well-developed DeFi ecosystem yet, XRP’s market cap has ranged between $150 to $200 billion. Accordingly, he believes XRP and XLM could benefit rapidly if they experience DeFi breakthroughs.
Phil said EasyA is actively preparing the XRPL ecosystem for this DeFi wave through ongoing development and education.
XRP DeFi Ecosystem Waking Up
Interestingly, several recent developments show the XRP DeFi ecosystem is gradually waking up. Last month, Circle launched its USDC stablecoin on the XRPL, which expanded liquidity and created more possibilities for DeFi tools like DEXs, swaps, and lending platforms.
Also, in January 2025, the XRPL upgrade known as XLS-73d allowed users to create AMM pools for Ripple’s RLUSD, opening the door for more users to provide liquidity and earn yields. This came shortly after the XRPL gained AMM functionality.
Meanwhile, Ripple’s developer team, RippleX, is also building a native lending platform that will support under-collateralized, fixed-term loans using XRPL assets. Further, the Cardano founder has also teased that Cardano’s forthcoming privacy chain, Midnight, could serve as the XRPL’s DeFi layer.
Moreover, cross-chain integrations are expanding XRP’s reach. Flare Network introduced “XRPFi,” which brings features like staking, lending, and borrowing to XRP holders.
THORChain is also integrating XRP into its mainnet, allowing users to swap XRP directly with other top crypto assets without needing centralized exchanges. In addition, Flare CEO Hugo Philion recently confirmed that Flare is working on a new stablecoin backed directly by XRP.
Interestingly, the Kwok brothers aren’t the only ones who expect XRP to hit $1,000. In April, CryptoGuard’s COO Matthew Brienen said XRP could reach that milestone by 2035. A month later, analyst BarriC made a similar prediction, citing XRP’s expanding role in global finance.