XRP Rally Shows No Signs of Slowing Down as Hated Rally Nears

XRP has had one of its strongest runs in recent years, and a prominent voice in the crypto space is now signaling that the move is far from over. Dom Kwok, co-founder of EasyA, posted on August 25 that 'the most hated rally is about to begin.'

Kwok expects XRP to reach $1,000 by 2030, and his latest post suggests he sees current conditions as consistent with that long-term outlook.

XRP started last week near $0.99 and climbed to a peak of $1.68 before pulling back to around $1.5, a rise of more than 50% in under two days.

The asset's surge was driven by several catalysts, including the U.S. Treasury's announcement that it would double long-bond buybacks to at least $4 billion per operation starting September 9.