Various crypto projects are projecting potential growth metrics. Ripple, for example, has long been seen as a possible challenger to SWIFT. But what if Ripple actually ends up handling 15% of SWIFT’s global transaction volume? How high could the XRP price go?
A post by TheCryptoBasic on X takes a dive into this scenario, using insights from Ripple’s CEO Brad Garlinghouse and Ripple’s CTO David Schwartz. The post lays out a detailed breakdown of what Ripple’s adoption could mean for the XRP price, and how XRP might benefit if it becomes a key player in cross-border payments.
What you'll learn 👉
Ripple’s CEO Projects XRP Handling Major Global Volume
According to TheCryptoBasic, at the 2025 XRPL Apex event in Singapore, Ripple’s CEO Brad Garlinghouse was asked how much of SWIFT’s transaction volume the XRP Ledger could realistically take over in the next five years. Garlinghouse pointed out that SWIFT is mainly a messaging platform, while Ripple is focused on providing actual liquidity. That difference, he explained, is what makes XRP valuable.
Specifically, a journalist asked both Garlinghouse and Ripple’s CTO, David Schwartz, how much of SWIFT’s transaction volume the XRP Ledger could realistically handle in the next five years.
— TheCryptoBasic (@thecryptobasic) June 12, 2025
In response, Garlinghouse explained that it’s important to separate SWIFT’s messaging…
In his response, Garlinghouse said it was realistic for XRPL to handle about 14% of SWIFT’s total volume in the coming years. TheCryptoBasic highlighted that although some earlier calculations used $5 trillion per day in transaction volume, a more accurate estimate from Forbes put SWIFT’s annual volume at around $150 trillion.
If XRPL captures 14% of that $150 trillion, it means roughly $21 trillion in yearly volume flowing through the XRP Ledger.
XRP Price Could Rise on Utility
The post by TheCryptoBasic also breaks down how XRP might absorb such a large volume without requiring the token to hold $21 trillion in value at once. Instead, XRP functions as a bridge asset and can be reused multiple times a year. This idea, known as transaction velocity, is central to XRP’s price potential.
According to the post, ChatGPT from OpenAI analyzed the numbers and suggested that if each XRP token is reused 30 times a year, the network would need a liquidity pool of around $700 billion to support the full $21 trillion in volume.
At the time of writing, XRP was priced at $2.24, with a market cap of about $131.9 billion based on its circulating supply of 58.81 billion tokens. If you count the full supply of 100 billion tokens, XRP’s fully diluted market cap would be about $224 billion.
To meet the $700 billion liquidity requirement, the price of XRP would need to rise to $11.90.
Could XRP Go Even Higher?
But that’s just the base value. The TheCryptoBasic post also explores scenarios where speculation and institutional interest drive the price even higher. If the market begins to value XRP at 1.5 times its base utility, the price could climb to $17.85. If that multiplier reaches 2 times, then XRP could reach as high as $23.81.
These numbers depend on key assumptions. One of them is that XRP continues to be the main asset used for XRPL’s liquidity functions. Another is that the 30x yearly turnover rate remains accurate. If XRP circulates faster than that, the network would require a smaller liquidity pool, and the necessary price per token would be lower.
Read Also: Ripple Price Warning: Analyst Says This Metric Could Trigger Sharp XRP Dip
Final Thoughts on TheCryptoBasic’s Projection
The scenario shared by TheCryptoBasic offers an interesting angle on Ripple’s future and XRP’s price outlook. It is based on a real-world estimate of SWIFT’s volume and a conservative model of how often XRP is reused. It also includes speculative layers that could make the price go higher depending on demand and adoption.
If Ripple does manage to handle even 14 to 15% of SWIFT’s global transaction volume, and if XRP stays at the center of that system, then prices in the $12 to $24 range are not out of reach.
Still, this is just one potential path. What matters now is whether Ripple’s adoption continues to grow and whether XRP maintains its role in the ecosystem. As TheCryptoBasic concluded in the post, the next few years will be key to seeing how much value XRP can really deliver.
Subscribe to our YouTube channel for daily crypto updates, market insights, and expert analysis.
We recommend eToro
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy the trades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
