Here Is XRP Price If IoT Devices Run 100 Million Daily Transactions on XRPL

XRP has the potential to reach higher prices if IoT devices leverage its platform, potentially running 100 million transactions daily.

Currently, XRP trades around $2.4, yet some investors argue that it trades below its true value. They believe the token could reach its real potential with growing adoption and expanding utility. 

Notably, one area the XRP Ledger (XRPL) could see better utility is in an integration with the Internet of Things (IoT), a growing sector that connects billions of smart devices globally.

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What are IoT Devices?

For the uninitiated, IoT devices are physical objects embedded with sensors, software, and connectivity that allow them to collect and exchange data over the internet. They include smart thermostats, wearable health trackers, industrial sensors, and connected vehicles. 

These devices enable automation, monitoring, and efficiency across homes, industries, healthcare systems, and smart cities. However, despite their benefits, IoT networks face concerns about security and privacy, which blockchain technology could help address.

As of 2025, there are roughly 19.8 billion connected IoT devices around the world. Interestingly, analysts expect this figure to soar beyond 31 billion by 2030 and exceed 40 billion by 2034. 

This growth would translate to more devices and also an increase in global transaction potential. Depending on the use case, each device can send hundreds of messages per day. For instance, in Microsoft’s Azure IoT Hub environment, a single device may publish up to 300 messages daily. Altogether, IoT systems collectively generate hundreds of millions of terabytes of data every single day.

How Could Blockchain Improve the Sector?

Meanwhile, blockchain technology presents a way for IoT devices to improve by carrying out secure, decentralized transactions. These could range from financial payments and automated smart contracts to trusted data sharing and authentication. 

For instance, through smart contracts, devices could autonomously pay for services such as electricity the moment consumption is recorded. Blockchain can also allow devices to store and share verified data for tamper-proof records, a trend from supply chain tracking. 

Additionally, connected cars could make instant micropayments for tolls or charging sessions using digital currencies. Also, blockchain-based identity verification could further strengthen network security by ensuring only authorized devices participate.

While networks like IOTA’s Tangle are already exploring this, the XRP Ledger’s scalability and low transaction cost make it a promising candidate for powering IoT transactions. However, it remains uncertain how such large-scale adoption might influence XRP’s price.

XRP Price if IOT Devices Run 100M XRPL Transactions Daily

To assess this, we asked Google Gemini what might happen if IoT devices executed up to 100 million daily transactions on the XRPL, using XRP as the gas token. At the time of the question, XRP traded for $2.43.

According to Gemini, such a surge in network activity would likely trigger an unprecedented demand shock for XRP, potentially leading to a dramatic price increase. The chatbot explained that the outcome would come from two major effects of XRPL’s fee mechanism: accelerated token burning and higher utility-driven demand.

Gemini calculated that if 100 million transactions occurred daily, the minimum burn rate of 0.00001 XRP per transaction would destroy about 1,000 XRP every day, or 365,000 XRP per year. However, this number appears low next to the 59 billion XRP currently in circulation. 

Besides deflation, Gemini noted that such transaction levels would mean immense real-world utility. Companies and institutions would need to purchase large quantities of XRP to facilitate machine-to-machine payments, leading to liquidity shortages on exchanges and intensified buy pressure. The result could be an exponential rise in XRP’s market price.

In its bullish projection, Gemini estimated that XRP could reach between $150 and $500 per token if it became an important part of a global IoT payment network handling 100 million transactions daily.