XRP's $1,200 Target: 56,000% Gain Predicted by Community Member

Discussions around XRP’s long-term valuation have intensified following a recent prediction from a prominent member of the XRP community. While XRP continues to trade within modest price ranges, some market commentators believe that the asset holds the potential for significant price growth given the right circumstances.

Remi Relief, a well-known figure within the XRP ecosystem, recently suggested that the digital asset could reach a value of $1,200 before the end of the year. His prediction is based on the assumption that the token could process a portion of the annual transaction volume currently handled by the Society for Worldwide Interbank Financial Telecommunication (SWIFT).

SWIFT facilitates about $5 trillion in daily financial messaging services, which amounts to an estimated $1.25 quadrillion per year. Relief argues that even a small share of this volume could significantly raise XRP’s market value. He further claims that such growth could occur even without the assistance of emerging financial instruments such as exchange-traded funds (ETFs), derivatives, or asset tokenization.

However, achieving the $1,200 mark from the current price of approximately $2.13 would require a price increase exceeding 56,000%. Critics have called this projection highly speculative and unlikely. Analyst Alex Caraco has publicly dismissed such targets, citing practical and regulatory hurdles that would limit XRP’s ability to compete with established financial infrastructure at such a scale.

Other analysts have issued similar projections with more tempered expectations. In September 2024, a crypto market researcher known as Crypto Tank noted that if XRP captured 10% of SWIFT’s daily volume, its price could climb to $100. Another analyst, Levi Rietveld, estimated in October last year that XRP could reach $60 if it processed 5% of that volume. Rietveld emphasized the asset’s faster transaction times, reduced costs, and reliability compared to traditional cross-border payment systems.

Beyond integration into global payment networks, ongoing developments in the ETF space could also serve as potential growth catalysts. Several investment firms have filed proposals with the U.S. Securities and Exchange Commission (SEC) to introduce XRP-focused ETFs. The SEC has delayed its decision on these applications, with a revised review timeline set for May 2025.

In addition, Franklin Templeton has entered the market with its own XRP ETF application. Legal analysts believe the outcome of Ripple Labs’ legal dispute with the SEC will heavily influence the prospects of ETF approval. According to Bitwise CIO Matt Hougan, institutional investors have shown increasing interest in XRP as a portfolio asset.

Furthermore, the current U.S. administration’s positive stance toward cryptocurrency regulation has heightened expectations of more favorable conditions for ETF approvals. This has led asset managers to expand their ETF filings to include a wider range of altcoins, with XRP being among the top contenders.

Although the $1,200 target for XRP appears unrealistic in the near term, discussions around its future remain positive. While some projections are ambitious, growing institutional interest, potential ETF approvals, and comparative advantages in transaction efficiency continue to position the asset as a noteworthy player in the digital finance sector.