XRP price has the potential to skyrocket to double digits if the XRPL handles 14% of SWIFT volume as projected by the Ripple CEO.
For context, at the 2025 XRPL Apex event in Singapore, Ripple’s CEO Brad Garlinghouse responded to a direct question regarding the future of the XRPL amid growing adoption.
Ripple CEO Predicts XRPL Will Handle 14% of SWIFT Volume in Five Years
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.
In response, Garlinghouse explained that it’s important to separate SWIFT’s messaging function from its liquidity role. He focused on liquidity, which he believes truly matters for XRP’s growth. Eventually, he estimated that XRPL could take on 14% of SWIFT’s total transaction volume within that time.
While theoretical calculations based on $5 trillion per day over a full year suggest $1.25 quadrillion in volume, real-world usage numbers are lower. Forbes, in a 2023 report, estimated SWIFT’s actual annual transaction volume to be approximately $150 trillion.
Using this more realistic estimate, 14% of $150 trillion equals $21 trillion in yearly volume flowing through the XRPL. So, we asked ChatGPT from OpenAI to break down what this could mean for XRP’s price.
At the time of the question, XRP traded at $2.24, had a market cap of $131.9 billion, and a circulating supply of 58.81 billion tokens. Including the full supply of 100 billion tokens, XRP’s fully diluted market cap would sit at $224 billion.
XRP Price if This Projection Materializes
In response, ChatGPT suggested that XRP doesn’t burn large amounts of tokens in each transaction. Instead, it gets reused, meaning its value is influenced more by transaction velocity and liquidity needs than by token scarcity.
ChatGPT started by pointing out how XRP could handle $21 trillion in annual volume. Since XRP acts as a bridge asset for payments, it doesn’t need to hold the full $21 trillion in value at one time. The major factor is transaction speed: how often the same XRP moves through the system.
XRP Role in XRPL Transaction Volume | ChatGPT
Assuming each token turns over 30 times a year, or about every 12 days, the network would need a liquidity pool of around $700 billion in XRP to support the full $21 trillion in volume.
XRP Required to Move $21T
With that pool size and the current supply of XRP, the price per token would need to rise to about $11.90, nearly $12. However, utility is not the only factor that drives market value.
ChatGPT factored in the potential for speculative interest and institutional participation, which could elevate XRP’s valuation beyond its base utility value. If that demand pushes the market cap to 1.5 times the base value, XRP’s price could hit $17.85. If it doubles the base value, the token might climb to $23.81.
XRP Price Projections | ChatGPT
However, these numbers come with some important assumptions. First, XRP must stay central to XRPL transactions. Also, the 30x annual turnover rate is conservative. If XRP moves more frequently, the required liquidity pool drops, and the price outlook changes.
