Ripple strives for the Swift billions-does the XRP course go through the ceiling?
- Ripple wants a larger market share on the trillion dollar international payment market – but that can only be done at the expense of Swift.
- The XRP course can rise to $ 48 if Ripple secures 20 trillion worldwide transfer markets of $ 194 trillion dollars.
The long-term vision of Ripple to exceed Swift in the area of cross-border payment transactions has increased speculation about the future XRP course. CEO Garlinghouse recently said that they did not want to integrate Swift, but rather replace it with a faster, more efficient blockchain-based infrastructure.
As a result, XRP dealers now have the possibility of massive price gains if Ripple should only be able to acquire some of the global transfer currents from Swift. Although the market volume has slowed down, investors’ mood continues to be fueled by institutional interest and long -term forecasts.
Garlinghouse relies on modernization of global transfer processes
In an interview with Fox Business, Garlinghouse pointed out the outdated architecture of Swift, which has dominated international payment transactions for half a century. He described the market for cross -border payments as a huge opportunity, since trillions are moved from dollars every year. According to Garlinghouse, blockchain solutions such as Ripple can modernize this area and offer faster, more transparent alternatives:
„The market opportunities here are enormous. There are trillion dollars that flow across borders worldwide. These are still dominated by the Swift network, and this is a technology architecture that was developed 50 years ago. It is possible to modernize it. “
Analysts believe that the XRP course could increase significantly if Ripple also secures a small share in the market for cross-border transactions. At the editorial deadline, XRP was traded near the weekly highs, but according to CoinmarketCap, the volume had dropped by 4 % to USD 3.9 billion.
This indicates that the recent purchase interest, which was previously driven by speculation by a proshares XRP ETF, could cool down. Nevertheless, the comments from Garlinghouse could re-infect the upward mood among the XRP owners.
XRP price forecast of $ 48 by demanding supply companies
Forecasts from market observers state that XRP could increase to $ 48.89 if Ripple receives $ 20 trillion of the cross -border payment market of $ 194 trillion. These numbers are based on the 58 billion in circulation XRP tokens and the expected increase in utility-driven demand. Deepseek Research also supports this view and says that the value could increase to $ 34 if the acceptance is extended to banks and financial institutions.
It is expected that cross -border payment transactions of $ 194 trillion today will grow to $ 320 trillion by 2032. Analysts say that even a small market share could mean a 15-fold increase of the XRP value. Since Ripple positions itself as a blockchain-based alternative to Swift, this could be the key to opening up long-term values for XRP and the way money is moved worldwide.
XRP is currently being traded for $ 2.28 and has given in by 1.71 % in the last 24 hours.
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