$XRP  Path To $1000 Not ‘Fantasy’: Researcher Dissects Ripple’s Utility And Growing Demand

Recent discussions in the crypto community, particularly from a figure known as Crypto Tank, have reignited the debate about the potential for XRP to reach a price of $1,000. Crypto Tank argues that skepticism surrounding this target often stems from a misunderstanding of XRP’s utility in the global financial system.

According to him, to understand how XRP could achieve such high valuations, it’s essential to examine its impact on global finance, particularly compared to existing systems like SWIFT. SWIFT, which facilitates international bank messaging, handles a staggering $5 to $7 trillion in daily transactions. However, its messaging service doesn’t include the actual settlement of these transactions, which can be costly and time-consuming.