This Is How High XRP Could Go If It Takes Just 5% of SWIFT’s Daily Volume

XRP could see an explosive price expansion if it were to capture even a small slice of SWIFT’s daily transaction flow. 

Recent discussions within the crypto community have increasingly focused on how XRP and the XRP Ledger (XRPL) might fit into the global payments landscape alongside SWIFT, the world’s largest financial messaging network.

While a complete replacement of SWIFT remains unlikely in the near term, many believe XRP could serve as a powerful settlement layer that enhances speed, liquidity, and cost efficiency.

XRP and SWIFT: Competition or Complement?

Ripple executives have long argued that XRP is designed to improve cross-border payments rather than outright dismantle existing systems. 

Ripple CEO Brad Garlinghouse has previously stated that SWIFT’s infrastructure works but remains slow and expensive, especially for international transfers.

Similarly, Ripple CTO Emeritus David Schwartz has highlighted how blockchain-based settlement can reduce intermediaries, shorten settlement times, and unlock liquidity trapped in traditional banking rails. 

These views have fueled speculation that XRP could eventually handle a portion of SWIFT-related flows, even if SWIFT itself remains the primary messaging layer.

Understanding SWIFT’s Enormous Scale

SWIFT processes tens of millions of financial messages every day. As of late 2022, the network averaged roughly 44.8 million messages daily, a figure that continues to grow year over year.

Although SWIFT does not disclose the exact value transferred daily, historical data offers useful context. In the mid-2000s, SWIFT was already processing around $5 trillion per day, based on average transaction sizes at the time. Today, that figure is widely believed to be even higher.

For this analysis, we use the conservative $5 trillion daily volume estimate to explore what XRP’s valuation might look like if it handled 5% of that flow.

What If XRP Processes 5% of SWIFT’s Daily Volume?

Five percent of $5 trillion equals $250 billion in daily transaction volume flowing through XRP.

At the time of this analysis, XRP is trading around $2.08, with an average daily trading volume of approximately $3 billion. If XRP’s daily volume were to rise from $3 billion to $250 billion, that would represent an increase of roughly 83 times current levels.

Using a simple proportional model that links trading volume growth to price appreciation, XRP’s price under this scenario could theoretically rise to around $173 per XRP.

That would represent an increase of more than 8,200% from current levels and push XRP’s market capitalization well into the multi-trillion-dollar range.

Important Reality Check

It’s crucial to stress that this estimate is purely hypothetical. Price does not move in perfect proportion to transaction volume, especially at scale. A large share of increased volume would likely come from institutional settlements, arbitrage, and liquidity cycling rather than pure buying pressure.

Still, the scenario highlights why XRP’s potential role in global payments continues to attract attention. Even a small percentage of SWIFT-level activity could dramatically change XRP’s long-term valuation profile.