XRP Price Could Hit $10,000 If It Overtakes SWIFT: Pundit (2024)

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Jake Simmons

Jake Simmons, a dedicated crypto journalist, has been passionate about Bitcoin since 2016 when he first learned about it. Through his extensive work with NewsBTC.com and Bitcoinist.com, Jake has become a trusted voice in the crypto community, guiding newcomers and seasoned enthusiasts alike towards a deeper understanding of this dynamic field.

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With a professional career in the Bitcoin and crypto scene that began right after graduating with a degree in Information Systems in 2017, Jake has immersed himself in the industry. Jake joined the NewsBTC Group in late 2022. His educational background provides him with the technical prowess and analytical skills necessary to dissect complex topics and present them in an understandable format. Whether you are a casual reader curious about Bitcoin or an investor seeking to navigate the latest market trends, Jake’s insights offer valuable perspectives that bridge the gap between complex technology and everyday usage.

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XRP Price Could Hit $10,000 If It Overtakes SWIFT: Pundit (2024)

FAQs

Could XRP take over Swift? ›

He also stated that Ripple will not replace Swift but will be a complementary network that improves the payment system. Bright noted that Swift is rebranding its services; therefore, XRP will likely feature as currency on the platform.

What is the highest price XRP could reach? ›

Looking further ahead, forecasts suggest XRP could rise to an average price of $0.87 by 2025, with some optimistic projections even reaching as high as $1.44. These estimates are based on technical analysis, market trends, and the potential resolution of Ripple's ongoing legal challenges.

Will XRP hit 10,000 dollars? ›

Yes. It can. People will often mention the market cap being too high for this to happen. There are 100 billion XRP not all are in Circulation and at any one time a fraction of that will be available.

Is XRP designed to be $10 000? ›

The reason why XRP won't ever reach a price of $10,000 is not complicated – the supply of XRP is simply too large. XRP has a maximum supply limit of 100 billion coins. While not all XRP coins are currently in circulation, the coin still has a substantial circulating supply of 54.94 billion.

Is XRP capable of reaching $1000? ›

At a $1,000 price, the market would need to move 1 billion XRP tokens to account for a $1 trillion volume and 20 billion tokens for a $20 trillion volume. For XRP to clinch a $1,000 price, it would need to skyrocket by a massive 188,543% from its current value of $0.5301.

Will XRP be the bridge currency? ›

XRP has an underlying role in Ripple's (the company) blockchain activities and products. XRP serves as a bridge currency to smooth out price fluctuations across borders. Its purpose is for businesses in different countries to be able to transact and minimize transaction costs.

How high can XRP go in 5 years? ›

XRP Price Prediction Overview
YearXRP price prediction
2024$0.49 to $0.66
2025$0.62 to $2.9
2026$4
2030$9
2 more rows

How much will XRP be worth in 10 years? ›

Theoretically, XRP might reach new heights in 10 years if the Ripple business performs well. Most experts agree that Ripple's price can rise to the $250 range–$3 in ten years based on current predictions. According to Ripple Coin News, the price of Ripple might reach $30 in ten years.

What is a realistic price for XRP? ›

Cryptocurrency experts have carefully analyzed the range of XRP prices throughout 2024. For December 2024, their forecast is the following: the maximum trading value of XRP will be around $0.595, with a possibility of dropping to a minimum of $0.551. In December 2024, the average cost will be $0.573.

Will XRP make me a millionaire? ›

Cryptonewsz.com is even more bullish: it believes XRP will rise to $9.81 by 2030, which would turn a $10,000 investment into more than $196,000. But for XRP to turn a $10,000 investment into over $1 million, it would need to generate a 100-bagger gain. Even the most bullish forecasts fall short of those expectations.

How long before XRP explodes? ›

Experts predict significant growth of the XRP price by the end of 2024, reaching $0.75–$0.86. Most XRP price forecasts suggest growth to $1 by mid-2025, reflecting a bullish outlook. Price predictions for 2026 to 2030 are mixed. Expected prices for 2026 range from $0.85 to $2.27.

Can ripple XRP reach $50 if yes by around what time? ›

There are several factors on which one can make an assumption regarding whether ripple will reach the price of $50 or not. However, in general terms, it's highly unlikely for Ripple to reach this level because its market cap isn't that high, and isn't likely to reach higher levels in the next five years.

What is the highest price XRP can reach? ›

If the crypto market cap hits $3 trillion and XRP retains its current 1.10% dominance, its price could ascend to $0.589 by 2025. In a more bullish scenario of the crypto market surging to $10 Trillion, the price of XRP could soar to a staggering $1.96, resulting in a potential 4x return for investors by 2030.

Why do I have to keep 10 XRP? ›

The base reserve (now 10 XRP) sets the minimum XRP that must be sent to create a new account, and the owner reserve (now 2 XRP per item) increases an account's reserve for each additional object the account owns in the ledger's state data, such as Offers, trust lines and Escrows.

Can XRP go to 100%? ›

XRP Will “Easily Surpass” $100 if Bitcoin Hits $1.5M

“XRP is going to be a multi-trillion-dollar asset,” he noted. Currently, XRP is valued at $0.5734, and reaching $100 would require extraordinary growth of 17,339% from current levels.

Which crypto will replace SWIFT? ›

Leading providers of blockchain cross-border payments include BVNK's Global Settlement Network' and Ripple/XRP. Central Bank Digital Currencies (CBDCs) are another crypto alternative to enabling cross-border payments using blockchains.

Does Ripple compete with SWIFT? ›

Ripple: The Blockchain-Based Challenger

Ripple's blockchain technology allows transactions to be validated by a consensus algorithm, ensuring security and speed. Unlike SWIFT, which can take days to settle transactions, RippleNet processes payments in seconds, regardless of the currency or countries involved.

What could replace SWIFT? ›

Alternatives to SWIFT

SWIFT isn't the only system that facilitates international transfers. Airwallex is a payments and financial platform that leverages local payment networks — such as SEPA in Europe, ACH in the US, and BACS in the UK — to enable faster international money transfers.

Do banks want to use XRP? ›

Ripple (XRP) is a popular choice among banks worldwide. The network's fast transaction speeds, low gas fees, and energy-efficient consensus make it an ideal cryptocurrency for traditional financial institutions.

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