Will XRP Price Jump to $48 If This Happens?
The post Will XRP Price Jump to $48 If This Happens? appeared on BitcoinEthereumNews.com.
Ripple’s new approach to disrupt the old financial systems has stirred up debate about XRP price possible direction. Given the fact that cross-border payment is a $194 trillion market globally, investors and analysts are keenly observing Ripple’s strategies. Ripple Aims to Replace SWIFT’s 50-Year-Old System Brad Garlinghouse, the CEO of Ripple, in a recent interview with FOX Business, stressed that the platform’s main goal is not to work with SWIFT but to replace it. SWIFT, which was established in the early 1970s, currently controls a vast portion of global cross-border transactions. Ripple aims to present its payment protocol based on the use of the blockchain system to process payments faster and efficiently. In the interview, Garlinghouse emphasized that the current architecture of transactions used by SWIFT is outdated, even if it is widely used worldwide. Thus, there is a good opportunity to implement new technologies, such as Ripple. According to Ripple, the cross-border payments market is worth roughly $194 trillion, and it needs to be updated with new technologies. In essence, Ripple’s plan focuses on presenting a product that not only enhances the speed of transactions but also decreases costs. Such a change in the strategy of differentiating payment processing methods could open the doors for XRP, Ripple’s native digital asset. XRP Price Rally to $48.89 If Ripple Processes $20 Trillion Annually Liquidity projections and market estimates have been used to assess XRP price potential if Ripple captures a fraction of the cross-border payments sector. According to Grok3 calculations, if Ripple can process $20 trillion per annum, the price of XRP might rise to $48.89. In addition, this estimation took into account the circulating supply of about 58 billion tokens. It also considered the demand generated through the usage of its utility functions. With more volumes passing through Ripple’s ledger,…
Filed under: News - @ May 3, 2025 10:15 pm