Ripple CEO Brad Garlinghouse recently projected that XRP Led
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Updated at: 11 hours ago
{"content":"Ripple CEO Brad Garlinghouse recently projected that XRP Ledger (XRPL) could handle 14% of SWIFT's global transaction volume within the next five years, potentially processing $21 trillion annually. This ambitious goal is based on SWIFT's estimated $150 trillion annual transaction volume.
*Breaking Down the Numbers:*
- *Annual Transaction Volume:* $21 trillion
- *Daily Transaction Volume:* approximately $58 billion
- *Gradual Ramp-up:* 2.8% yearly increase over 5 years, resulting in $4.2 trillion/year
*Potential Impact on XRP's Price:*
Analysts have connected transaction volume to XRP's price, with possible scenarios including ¹:
- *$12 XRP:* Based on token velocity and liquidity pool needs, assuming XRP circulates 30x per year and requires $700 billion in liquidity to support $21 trillion volume.
- *$18-$24 XRP:* Factoring in institutional adoption, speculative demand, and expanding real-world use cases.
*Competition and Future Prospects:*
While XRP aims to capture a significant share of SWIFT's volume, other projects like Chainlink are also exploring collaborations with SWIFT. The question remains: who will handle the other 86% of SWIFT's volume? XRP's potential to dominate global payments depends on its ability to solve real-world problems in the outdated payment system ² ¹.","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/15/9776bb9ec59143ce90df7af7b9bc6082.jpg"],"tags":[],"tradingPairs":["LINK/USDT"],"quotearticleid":0}