Key Takeaways
- The XRP price could surge in the coming days following speculation that SWIF intends to integrate with the Ripple blockchain.
- Should the two parties ink a deal, at least 11,000 financial institutions globally will use the Ripple blockchain for cross-border payments.
- XRP’s one-day price charts show the token teasing a bullish breakout, which may precede a rally to record highs.
The XRP price seems to be rebounding, and this is reportedly linked to rumors that SWIFT, the world’s largest banking company, is integrating the XRP blockchain into its operations.
According to a post on the social media site X by renowned crypto analyst John Squire, the two parties will likely ink a deal within seven days. Such a development would transform SWIFT’s established cross-border transfer system by injecting blockchain technology’s speed and cost efficiency into global payments. Squire stated:
“In recent weeks, several influential voices have pointed to a possible announcement from SWIFT. It could be the official confirmation that XRP—through Ripple—will become part of SWIFT’s global payment infrastructure, used by over 11,000 financial institutions worldwide.”
Potentially Alter the Global Transactions Landscape
Should the chatters turn out to be true and SWIFT integrate Ripple, over 11,000 banking institutions globally will access the blockchain. Analysts believe such a deal will positively impact the XRP price and begin its journey towards the $3 target. According to Squire, this won’t be the first time SWIFT integrates Ripple. The analyst stated that Ripple participated in the SWIFT interoperability pilot program in 2023 that aimed to incorporate blockchain in cross-border payment.
Ripple Labs is a global blockchain-based payment network behind the XRP cryptocurrency, while SWIFT is a renowned financial messaging powerhouse. Several other sources close to the two cross-border money transfer giants validate Squire’s claims regarding SWIFT integrating Ripple. Any such move could alter the global transaction landscape. Ripple is currently regarded as a potential disruptor in finance, with its payment protocol’s potential to facilitate faster, cheaper, and more efficient cross-border transactions.
Transform SWIFT Slow Network
The short form for Society for Worldwide Interbank Financial Telecommunication SWIFT has traditionally been the backbone of global financial communication, ensuring secure, standardized exchanges between banks and financial institutions. The integration of the Ripple blockchain could transform the SWIFT slow network into a modern cross-border transfer wonder that will ensure fast, highly efficient, and standardized exchanges between banks and financial institutions.
Conclusion
According to crypto analyst Ali Martinez, the XRP price is already on the verge of a breakout and facing resistance at $2.22, with the potential to rally toward $2.40. Nonetheless, according to other experts, the XRP price is likely to follow a historical pattern that could leverage the fresh demand that could happen if SWIFT integrates Ripple. According to this school of thought, the current realistic XRP price could be $3.00, though the target could go as high as $45 in the coming months. As speculation grows, the one clear thing is that XRP is back in the spotlight, and SWIFT could be the missing link for which the XRO holders have been waiting.
Frequently Asked Questions (FAQs)
What is the realistic XRP price prediction for April 2025?
According to the XRP price analysts, the XRP price today could reach $2.34, but $3.00 is also a possibility.
How does SWIFT’s involvement affect XRP?
SWIFT’s integration of Ripple’s blockchain could significantly boost XRP’s utility, making it a core player in global cross-border payments and possibly increasing its price.
Will Ripple replace SWIFT’s traditional system?
If SWIFT integrates Ripple, it will combine the best of both worlds: Ripple’s cutting-edge technology and SWIFT’s established market network. The result could be a modernized service providing faster and cheaper cross-border transactions while maintaining its longstanding reputation as the go-to financial messaging system for international payments.
