Ambitious XRP price target of $100

For comparison, as of June 2022, SWIFT processed daily transactions worth about $5 trillion. If XRP were to provide 10% of this volume, it would be equivalent to processing approximately $500 billion in daily transactions. Such a significant increase in transaction volume could potentially lead to a significant increase in the price of XRP.

This figure is in stark contrast to XRP's current average daily transaction volume of around $1 billion. However, to reach this hypothetical milestone, the volume of the digital asset would have to increase 500 times. Interestingly, this ambitious XRP price target of $100 has received a lot of buzz in the community, with many experts providing different reasons for their predictions.

For example, Rietveld, a well-known cryptoanalyst, confidently predicted in his video a much earlier than expected surge in the price of XRP. According to him, there is now a significant build-up phase, which is preparing XRP for a major breakout, which could lead to fortunes for early investors.