A recent statement by Ripple CEO Brad Garlinghouse has reignited discussions around the potential utility of the XRP Ledger (XRPL) in the global payments ecosystem. Speaking at the XRPL Apex event, Garlinghouse offered a forecast that, within the next five years, XRPL could facilitate as much as 14% of the total transaction volume currently processed by SWIFT, the widely used global interbank messaging system. Garlinghouse emphasized that the real challenge in cross-border payments lies in liquidity, not messaging. He pointed out that while SWIFT remains essential for moving information between financial institutions, its primary function is ultimately to support the transfer of actual monetary value. He argued that blockchain platforms like XRPL are better positioned to streamline this function through native liquidity and real-time settlement capabilities. Quantifying the 14% Projection Following the CEO’s statement, a user on X known as “XRPMillionaire” used xAI’s Grok to break down the implications. Based on SWIFT’s estimated $150 trillion in annual transaction volume, 14% would represent $21 trillion processed by XRPL each year. This would amount to roughly $58 billion in daily transactions. If this market share were to be achieved gradually over five years, it would imply a steady increase of 2.8% annually, or approximately $4.2 trillion processed per year. Market Reactions and Price Estimates These projections have led to renewed optimism within the XRP community, especially regarding the potential for long-term value appreciation. Despite XRP trading at around $2.13 and still sitting below its all-time high set several years ago, many investors and analysts now see room for significant price increases if such utility materializes. Several valuation models have emerged in response to this outlook. One analysis projects a potential XRP price of $12 if liquidity demand rises in proportion to transaction volume. This estimate assumes the token would be used and recycled approximately 30 times per year, necessitating a liquidity base of around $700 billion to support the full $21 trillion annual volume. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Other forecasts, which account for increasing institutional interest and the speculative nature of the crypto market, suggest that XRP could trade between $18 and $24 under favorable market conditions. However, some observers have called for a broader examination of the competitive landscape. If XRP were to capture 14% of SWIFT’s total volume, the question remains: which platforms or technologies will handle the remaining 86%? Projects such as Chainlink have already begun working directly with SWIFT, positioning themselves as potential players in the evolving financial infrastructure. While XRP’s capacity to handle trillions in annual payments remains speculative, Garlinghouse’s remarks and the subsequent analysis have provided concrete figures for what such a scenario might entail. The discussion now turns to whether XRP can effectively scale to meet these expectations and how it will compete in a landscape that is becoming increasingly crowded with blockchain-based solutions. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Grok Estimates How Much Trillions XRP Could Process Yearly If It Handles 14% of SWIFT’s Volume appeared first on Times Tabloid .