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A recent commentary suggests XRP price would need to surpass even two-digit figures to support the anticipated mass adoption from banks.
The remarks triggered a debate within the XRP community about the XRP price and its capacity to support global financial transactions. This discussion arose from a post on X (formerly Twitter) by market analyst Lord Vendetta.
Notably, his analysis set off a back-and-forth exchange with other notable XRP proponents. For context, a previous report from The Crypto Basic revealed that AI chatbots ChatGPT and Grok expect XRP price to increase substantially to meet the demand that would arise from mass adoption among banks.
Can Current XRP Price Support Mass Global Transactions?
Lord Vendetta agrees with this theory, arguing that the current XRP price of $2.35 is too low to sustain this anticipated mass adoption by financial institutions. He argued that even if XRP price stood at $50, about 20 billion tokens would be necessary to process $1 trillion in transactions daily.
If $XRP were priced at $50, around 20 billion tokens would be needed daily to move $1 trillion, which is 40% of the circulating supply.
Do you really think $50 is enough? $100? $500? $1,000? LOOOOOOL 🤣
$50 is NOTHING! 40% of the supply just to move $1 trillion! $XRP needs to…
— Lord Vendetta 👑 (@LordVXrp) January 6, 2025
This figure represents 40% of the total circulating supply. As a result, he questioned whether $50, $100 or even $10,000 per XRP would suffice in such scenarios. He suggested that the real XRP price is “impossible to calculate.” The market commentator then speculated that XRP might one day rival Bitcoin at $100,000.
However, not everyone agreed with Vendetta’s commentary. An analyst named “Guy on the Earth” pointed out that XRP transactions are incredibly fast, settling in just three seconds. He emphasized that the same XRP tokens could be reused throughout the day, making such high price predictions less relevant.
Daily?
XRP could move all that in 3 seconds. What you doing with the same XRP the rest of the day?
— Guy on the Earth (@guyontheearth) January 7, 2025
Another community figure, Holo, made similar statements, highlighting XRP’s ability to process transactions rapidly. According to him, the token’s speed means that smaller, repeated transactions could achieve the same result as one large transaction.
Holo also noted that breaking a $1 trillion transfer into multiple smaller payments would be more practical and could be executed within minutes.
Liquidity is Important
In response, Lord Vendetta argued that speed alone is not enough to support massive transaction volumes. He stressed the need for a highly liquid XRP market to facilitate such high-value transfers without friction.
Even if XRP can be recycled every 3 secondes without having a super liquid XRP it will not work! So image XRP can be recycled every 3 seconds and super liquid to move mass amount of money without friction
— Lord Vendetta 👑 (@LordVXrp) January 7, 2025
He maintained that even with XRP’s speed and liquidity, its current price would remain insufficient for the scale of the anticipated global financial transactions.
Holo countered by reiterating that the token’s ability to recycle within seconds mitigates the need for a higher price. He suggested that XRP’s efficiency and ability to divide large transfers into smaller ones make it more adaptable than Vendetta suggested.
Crypto Arsenal, another prominent XRP community figure, questioned the practicality of moving $1 trillion in a single transaction. Instead, he compared the scenario to SWIFT’s daily operations, which involve processing $5 trillion across 44 million transactions.
1. Show me anyone that has moved $1T all at once? SWIFT moves $5T a day, via 44m Txs.
2. If 40% of the supply was used to make a $1T Tx, that same 40% would theoretically then be available for use again within 3-5s.
In theory, it could move $1T… 17280x a day.
— CryptoArsenal (@_CryptoArsenal) January 7, 2025
He explained that if 40% of XRP’s supply were used for a $1 trillion transaction, those tokens would become available again within three to five seconds. He calculated that in theory, XRP could facilitate $1 trillion transactions more than 17,000 times daily.