Could XRP Skyrocket to $1,000? Ripple’s Garlinghouse Envisions a $21 Trillion Future in SWIFT Transfers!

The price of XRP remains stable despite a general decline in the market today, trading at $2.24 after a challenging 24 hours for cryptocurrencies.

Though it has seen a slight decline recently and is down 12% over the last month, XRP is still one of the strongest performers over the year, achieving an impressive 350% annual growth.

Ripple CEO Brad Garlinghouse has sparked renewed optimism, proposing that the XRP Ledger could capture 14% of SWIFT’s global liquidity in the next five years, equating to $21 trillion in volume flowing through XRPL.

With Ripple’s swift growth following its legal victory over the SEC, this advancement seems plausible and could significantly enhance XRP’s long-term price outlook.

XRP Price Forecast: Ripple CEO Garlinghouse Predicts XRP Could Facilitate $21 Trillion in SWIFT Transactions – Could We See $1,000 XRP?

Garlinghouse shared his optimistic forecast at the XRP Ledger Apex 2025 event in Singapore, stating his focus is on acquiring a share of SWIFT’s liquidity rather than its messaging capabilities.

For context, SWIFT currently processes about 44 million messages daily, whereas XRP Ledger handles between 500,000 and 1 million payments each day.

While XRP has a long way to go to genuinely compete with SWIFT, its recent growth suggests it is moving in the right direction.

For instance, Ripple announced that the XRP Ledger experienced a 400% growth in new wallets in Q4 2024, and in Q1 2025, the company revealed its $1.25 billion acquisition of credit network Hidden Road.

These advancements coincide with the SEC reviewing applications for 10 spot-based XRP ETFs, which, if approved later this year, could propel XRP’s price higher.

Currently, XRP’s chart indicates that it is nearing a breakout from the pennant pattern formed since late 2024.

If XRP can surpass its resistance level around $2.33, it may begin a climb towards $3 by the end of the month.

Thereafter, it might aim for $5 by the end of July, and with ETF approvals, it could reach $10 by the close of 2025.

If XRP continues to gain traction in global liquidity markets, especially as a viable alternative to SWIFT, it could target $100 in the upcoming years, with $1,000 being an ambitious long-term goal.

Solaxy (SOLX) Presale Hits $48M – The Next Potential Breakout Altcoin?

For traders interested in diversifying beyond major tokens like XRP, several promising newer coins are currently available.

Some of these are presale coins that can outperform the market sharply when they first list, particularly if they have seen substantial sales.

One notable candidate is Solaxy (SOLX), a token based on Solana that has impressively raised $48.1 million in its ICO, which is set to close in just four days.

This milestone positions Solaxy as one of the most successful ICOs in recent years, attributed to its strong fundamentals.

Specifically, Solaxy is set to launch a layer-two network for Solana, which will allow users to avoid the delays and failures sometimes experienced on the layer-one platform during peak traffic.

As an L2, it will provide extremely low transaction fees and fast confirmation times, along with enabling rapid bridging to its parent chain.

The project is also gearing up to establish itself as a significant hub for DeFi and meme token trading by launching its own DEX and token launchpad shortly after its mainnet goes live.

While the presale for SOLX will end soon, latecomers can still participate by visiting the Solaxy website, where the coin is priced at $0.001754.

Given its current popularity, it could easily exceed this price once it begins trading on exchanges.

The post XRP Price Prediction: Ripple CEO Garlinghouse Says XRP Could Power $21 Trillion in SWIFT Transfers – $1,000 XRP Possible? appeared first on Cryptonews.