Here’s XRP Price If Ripple Handled Nearly $9T Transactions Per Day

XRP price could explode to $8,550 if Ripple network displaces SWIFT and Visa to emerge a payment giant with $8.55T daily transaction volumes.
By muthoni
XRP - Here's XRP Price If Ripple Handled Nearly $9 Trillion Transactions Per Day

Highlights

  • Grok predicts that XRP price could rally to $8,550 if the Ripple network processes $8.55 trillion transactions daily.
  • However, this price target is not realistic as it would mean that XRP attains a $494 trillion market cap
  • Ripple's payment network has gained adoption in over 80 countries but still faces competition from Visa and SWIFT

XRP price could rally to $8,550 if the Ripple network outpaces Visa and SWIFT to dominate the payments industry to process more than $8.55 trillion in daily transactions. While Ripple’s blockchain capability can see it make waves in the payments sector, can the XRP price mirror this growth and reach $8,550? 

For context, SWIFT, the world’s largest payment network, processes around $5 trillion to $7 trillion transactions daily. The SWIFT network can process these volumes as it serves more than 11,000 institutions in over 200 countries. However, Ripple has yet to reach this same level of adoption.

Advertisement
Advertisement

XRP Price If Ripple Handled Nearly $9T Transactions Daily

Despite lagging behind SWIFT, Ripple is gradually expanding its footprint in the payments industry, considering it has expanded to more than 80 countries. However, the network has yet to come close to processing $8.55 trillion daily transactions. 

Nevertheless, let us assume that Ripple gains a competitive edge and processes an average of $8.55 trillion transactions daily. Let us also assume that Ripple releases 1 billion XRP per month from escrow to provide liquidity and ensure transactions are settled efficiently.

Using this scenario, Grok3 forecasts that XRP price could rally to $8,550. If the blockchain were to expand its capability even further to attain $30 billion in daily transaction volumes, Ripple could reach as high as $30,000. 

Is this XRP price plausible? Likely not, considering XRP’s supply. Ripple has a circulating supply of 57.88 billion XRP. If the price rallies to $8,550, it would have a staggering $494 trillion market cap, which is not realistic. 

However, the above assumption shows that Ripple price has the potential to gain if XRP gains global adoption in the payments industry. If Ripple can rival Visa and SWIFT, it could bode well for the price outlook. 

Advertisement
Advertisement

Ripple Short-Term Price Target – Can it Rally to $5? 

XRP value today experiences choppy price moves that mirror the trend across the broader crypto market. In just one month, Ripple has declined by 17% and trades at $2.66 with a $154 billion market capitalization. 

According to analyst VipRoseTr on X, XRP price could make an uptrend to $5 after forming a bullish falling wedge pattern. If the price can flip resistance at the upper trendline of this channel, it could spark a strong rally. 

XRP - Here's XRP Price If Ripple Handled Nearly $9 Trillion Transactions Per Day
XRP/USDT: VIPRoseTr

Moreover, despite the recent pullback, XRP was still trading above its key support level, showing that sellers have yet to take full control of the price. If buyers can turn the upper trendline into support, the immediate target is the recent high of $3.4 before Ripple aims for $5. 

The bullish outlook of XRP price and the strong fundamentals of the Ripple network makes it likely that it can achieve the short-term target of $5. However, a rally toward $8,550 remains unlikely due to its vast supply. 

Advertisement

Frequently Asked Questions (FAQs)

1. How high can XRP price rally if Ripple handles nearly $9 trillion transactions daily?

XRP price could potentially rally to $8,550 if the Ripple network processes this high volume of transactions per day.

2. Is $8,550 a realistic price for Ripple?

Ripple would have a $494 trillion market cap if it rallies to $8,550, making this price target unrealistic

3. What is XRP's short term price target?

XRP could potentially rally to $5 in the short term due to a bullish setup and increasing adoption.
muthoni
Muthoni Mary is a seasoned crypto market analyst and writer with over three years of experience decoding blockchain trends, price movements, and market dynamics. She holds a Bachelor’s Degree in Commerce (Finance) from Kenyatta University, blending a solid academic foundation with a sharp eye for technical analysis and a deep understanding of on-chain data. Her work delivers clear, data-driven insights that empower investors to navigate the fast-evolving digital asset space with confidence. When she’s not analyzing the markets, Mary enjoys reading and travelling.
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.