A recent analysis by software engineer Vincent Van Code outlined a potential XRP price of $59.40 based on various factors.
Path to $59.40 XRP Price
Van Code indicates that the forecast hinges on Ripple's push to capture a significant share of SWIFT's daily volume. Ripple aims to process around 15% of SWIFT's daily transactions, amounting to approximately $5 trillion. This implies a settlement of $750 billion per day using XRP's On-Demand Liquidity (ODL). "This is the foundation of the model," he noted.
Calculating XRP's Base Utility Price
Van Code factors in XRP's total supply, adjusting for locked and lost coins. Out of 100 billion XRP, approximately 40 billion tokens remain in escrow, while an estimated 5 to 8 billion tokens may be permanently lost. He assumed each XRP could be reused twice per day, leading to a base price of $28.85.
Timeline for Implementation and Adoption
The target timeline for this valuation is 2026 and 2027. Van Code emphasizes that institutional adoption and scaling of international payment corridors will require time.
The projection, grounded in transactional utility and current trends, presents an ambitious yet methodical scenario for XRP’s potential growth, offering insight into how it could evolve into a multi-trillion-dollar asset.
