If major banks use the XRP Ledger for international remittances and real-time payments in place of SWIFT, the ledger’s annual transaction processing volume could grow from $30 trillion to as much as $150 trillion, an AI chatbot projected.

On May 8, blockchain outlet The Crypto Basic reported that Elon Musk’s AI Grok presented the range on the assumption that large banks adopt XRP as a bridge asset for global payments.

The discussion began when a member of the XRP community asked how much transaction volume the XRP Ledger could handle if large banks adopt it. Grok pointed to cross-border payments as XRP’s biggest opportunity. It estimated the market at about $195 trillion in 2024 and said it could expand to about $320 trillion by 2032.

SWIFT currently leads international bank transfers. Grok noted that if the banking sector moves to faster blockchain-based payment systems, XRP could capture part of the market. It said adoption is likely to be gradual, with banks starting to use XRP in certain payment corridors or liquidity hubs before expanding its use.

On that premise, Grok also presented a hypothetical scenario in which the XRP Ledger processes $100 trillion annually. It used a utility-based model that compares transaction volume and token velocity. The model assumes that the faster XRP circulates within the system, the lower the price needed to support the same payment activity, while the more XRP reserves institutions hold, the higher the required price.

It also provided price ranges by adoption level. If annual XRP Ledger transaction volume is about $30 trillion, it said the XRP price could be about $5 to $49. Under a more aggressive scenario with $150 trillion in annual payments, it suggested a range of about $24 to as high as $243.

Grok said the figures are not actual price forecasts but examples showing how XRP’s value could vary depending on adoption levels and liquidity demand. It said XRP’s long-term value is driven more by its use in payments and liquidity than as a store of value like bitcoin. It also cited near-instant settlement speed and very low fees as strengths of the XRP Ledger.

It also mentioned technical strengths of the XRP Ledger. Grok said near-instant payment finality and very low fees are key advantages from the perspective of banks and financial institutions. It added that future market discussions around XRP are likely to focus less on simple price outlooks and more on how far adoption of payment infrastructure and institutional liquidity demand can expand.

Hey @grok, if major banks start using $XRP for 24/7 real-time settlement instead of SWIFT, what annual volume range would that realistically push the XRPL to, and what price would that require? pic.twitter.com/Q1mTJzhOgf