This Is The Price Target If XRP Takes 10% Of SWIFT Volume: According To The Analyst

XRP has drawn attention again this week following comments from entrepreneur and investor Patrick Bet-David about the future role of this currency in global finance. In a tweet posted by JackTheRippler (@RippleXrpie), Bet-David quoted the statement that XRP is about to replace SWIFT for international transactions — a statement that, if realized, could significantly enhance the value of this digital asset. According to the video, Bet-David predicts that XRP could reach a high of $1,000 per coin if it can capture a portion of the market currently dominated by SWIFT. He emphasizes that capturing just 10 percent of SWIFT's global transaction volume would be enough to cause a tremendous price increase. The standard system for interbank transfers is the SWIFT network, processing more than 5 trillion dollars in global payments every day. According to analysts, XRP could find its place as a scalable alternative or supplement to SWIFT; its impact, in the event that demand from institutions arises, could cause significant changes in valuation. Reports released earlier this year have supported this position, indicating that the XRP Ledger is moving towards being readily adopted by major financial institutions. It is faster in processing remittance transactions and charges very low fees, making it a potential replacement for old cross-border payment mechanisms. The utility and infrastructure of XRP continue to draw attention from organizations. As adoption increases, experts believe that XRP will need to support larger liquidity volumes, making it more attractive to companies managing global money transfers. If Ripple's business partnerships continue to expand, XRP may increasingly serve as a bridge asset across borders. The additional usage not only increases demand but can also lead to a long-term supply shortage. The buying pressure from this organization and the rate of increase are considered essential factors in further accelerating prices. As the legal issues related to XRP are gradually resolved and applied worldwide, the prospect of XRP capturing only 10 percent of SWIFT traffic will no longer be far-fetched. These predictions by Patrick Bet-David, popularized by JackTheRippler, contribute to the growing wave of criticism that XRP is a digital currency with practical use and long-term potential.