Brad Garlinghouse, the CEO of Ripple, expects that XRP can capture 14% of the SWIFT market share within five years, which could lead to a significant increase in the price of XRP, according to his statements at the XRP APEX 2025 event in Singapore. Key points
1. Current price of XRP:
- Currently trading at $2.32 (as of June 11, 2025).
- Its market value is $136.82 billion.
2. Daily SWIFT Market Volume:
- SWIFT processes $5 trillion daily ($1.25 quadrillion annually).
- If XRP captures 14% of this market, its daily volume will be $700 billion.
3. XRP Price Predictions if the target is achieved:
- Grok AI: Predicts a price increase to $100-500, based on rising liquidity demand.
- DeepSeek AI: Provides more conservative predictions, with prices ranging from $63 to $170, depending on the speed of currency trading.
4. Advantages of XRP compared to SWIFT:
- Transfer speed: Takes seconds compared to 1-5 days in SWIFT.
- Low cost: XRP fees are much lower than SWIFT (less than a cent compared to $20-30).
- High efficiency: Error rate of 0.1% compared to 6% in SWIFT.
5. Challenges and Risks:
- Fierce competition: SWIFT has a banking network of 11,000 banks.
- Regulatory volatility: Legal issues with the SEC may affect growth. Conclusion
If Ripple succeeds in capturing 14% of the SWIFT market, the price of XRP may see a significant jump, with predictions ranging from $63 to $500. However, this scenario remains speculative and depends on the rate of adoption and liquidity.
