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.

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.

A recent analysis suggests XRP price could rise to an audacious 5-digit level if XRP captures 50% of liquidity from DTCC and SWIFT.

Notably, XRP has been on a bearish trend lately, dropping toward the lower end of the $2 range as the broader crypto market went through another wave of correction. 

Is XRP Still Following the 2017 Fractal?

Despite the pullback, optimism in the XRP community remains strong. Several market commentators believe the token is still moving in line with the same price pattern it followed during the 2017/2018 bull run.

Interestingly, community analyst Remi Relief recently shared this, suggesting XRP could see an explosive rally if it keeps following the historical trend. Based on his calculations, XRP could surge to around $1,695. This represents a massive 76,700% increase from its recent price of about $2.21.

Speaking further, Relief shared a range of potential outcomes depending on how long this market cycle lasts and how much real-world utility XRP gains. Specifically, he used the same $2.21 base price to estimate that a 50,000% rise could send XRP to roughly $1,105. 

Meanwhile, a 100,000% gain could push it near $2,210, while a 150,000% jump might take it all the way to $3,315. He also noted that these figures assume there are favorable market conditions, clear regulations, and no major global disruptions like wars or large-scale financial crises.

XRP Price Could Hit $18,181

After Relief’s post, another commentator suggested that the higher-end projections, like the 150,000% gain, might align with scenarios where XRP processes a portion of the liquidity that flows through major financial networks such as DTCC and SWIFT. He then shared an analysis from ChatGPT.

The assessment presented several hypothetical price points for XRP based on how much of DTCC and SWIFT’s combined liquidity it could handle. Specifically, if XRP processed just 1% of the flow, the estimated price would be around $363. At 5%, it would rise to about $1,818, and at 10%, roughly $3,636. 

Meanwhile, the 50% scenario projects an audacious $18,181 per XRP. The commenter suggests Relief’s analysis reflects this 50% scenario. Nonetheless, the boldest case, assuming XRP handled 100% of DTCC and SWIFT liquidity, puts the price near $36,363.

However, it is important to note that these numbers come from speculation and not concrete data or technical analysis. They rely on the assumption that XRP becomes the main settlement bridge for global transactions, but this is far from certain today. 

Notably, DTCC and SWIFT move quadrillions of dollars each year, but there’s no sign yet that such a large share of that volume will shift to XRP anytime soon.

Diep Sanh, an XRP community pundit, has placed a sell order looking to exchange 1 XRP for $1,000, insisting that one day, someone will fill such an order.

This bold commentary came before XRP’s recent price struggles, which have pushed the token to four-month lows around the $2 level. Specifically, XRP, which changed hands at $3.1 as of Oct. 2, now trades for $2.32, representing a 25% crash within two weeks.

A Sell Order for XRP to $1,000

Notably, during Sanh’s disclosure, XRP still hovered around the $3 mark, which explains his optimism at the time. Specifically, the market commentator shared a screenshot in which he placed an order to sell 1 XRP for 1,000 USDC. 

Diep Sanh placed the sell order as a symbol of his confidence that an XRP rally to $1,000 could someday materialize despite widespread skepticism surrounding this price target. “One day, someone will pay $1,000 for 1 XRP,” he boldly declared, emphasizing his belief that such a price point could be possible in the future.

Expectedly, this commentary faced some pushback from community figures, including Xaman’s Wietse Wind. Responding to Sanh’s suggestion that someone could fill such an order someday, Wind pointed out that, for such an event to occur, something would have to first clear out the entire order book and AMM. 

For context, with XRP currently trading for just $2.32, the market will first attend to sell orders with values closer to this price before moving to higher prices. Meanwhile, even under $1,000, there could be orders at $3, $4, and other values. Wind suggests these orders would have to magically clear first before an order for $1,000 would fill.

The XRP to $1,000 Commentary

Wind insisted that this is likely not going to happen. According to him, the XRPL does not work like most centralized exchanges, like Binance, which match exact prices. Instead, the ledger first finds the best offers for a given price and moves to the next best after filling the initial one. This puts a long line between the current price and Sanh’s $1,000 value.

However, Sanh may have been referencing the distant future in his commentary. The market pundit has persistently argued that an XRP run to $1,000 is possible. Nonetheless, he believes it could materialize years later. For instance, he recently suggested that Ripple could be discussing how XRP could hit $1,000 by 2030. However, this was not grounded in reality.

Besides Sanh, other market commentators have also discussed the idea of XRP reaching the $1,000 mark, which would represent a 43,003% increase from the current price. Following Ripple’s recent acquisition of GTreasury, XFinanceBull suggested that the move could set the path for XRP to $1,000.

XRP has the potential to reach greater heights in the coming years, especially if it maintains a bullish trend following the forthcoming Bitcoin halvings.

The Bitcoin halving, which slashes Bitcoin’s supply rate by half every four years, is one of the most important events in the Bitcoin market, and by extension, the broader crypto scene. This is due to the effect it has on Bitcoin’s inflation rate and how Bitcoin’s price action influences the wider crypto market.

Bitcoin Halvings and Their Impact on Price

As a result, with the Bitcoin halving contributing to higher Bitcoin prices, altcoins are in the right positions to benefit from the trend. One such altcoin is XRP, which has historically moved with the broader market except in the heat of the SEC vs. Ripple lawsuit, which dampened its price action for years.

Notably, Bitcoin has observed four halvings in its history. The first one occurred on Nov. 28, 2012, and reduced the block reward from 50 to 25 BTC. In the second one, which occurred on July 9, 2016, the block reward dropped to 12.5 BTC. The third one came up on May 11, 2020, and slashed block rewards to 6.25 BTC.

Meanwhile, the latest Bitcoin halving occurred on April 19, 2024, and halved block rewards to 3.125 BTC, the current rate. Interestingly, Bitcoin’s price action has historically improved following each halving, and altcoins like XRP have also benefited from this trend.

How XRP Has Fared Following Past Halvings

For instance, on the second halving in July 2016, XRP had a price of $0.0066. A year and a half later, it had jumped to $3.31, representing a 50,000% increase. Also, when the third halving hit in May 2020, XRP changed hands at $0.21. A year later, it increased to a peak of $1.96, marking an 833% rise despite the SEC lawsuit.

Meanwhile, during the fourth and latest Bitcoin halving, XRP had a value of $0.62. Today, a year and a half later, it trades for $2.30. This represents a 283% rise, but some market experts insist that XRP has not yet topped for the ongoing cycle, projecting higher prices for when the market reaches its peak level.

However, considering the current 283% increase rate, XRP has increased by an average of 17,000% over the past three Bitcoin halvings. If this trend continues, even at a lower pace, XRP’s price could soar tremendously after the three coming halvings. While the trend could persist, the rate of increase may reduce over time due to diminishing returns.

Potential XRP Prices After the Next Three Bitcoin Halvings

Specifically, the next Bitcoin halving could hit in March 2028, but it is unclear what the XRP price would be by then.

Nonetheless, using the current price of $2.30, which is a bearish assumption, just a tenth of the 17,000% average rise, amounting to a 1,700% increase, would push the XRP price to $54 a year after the 2028 halving.

Meanwhile, considering the $54 price at the 2032 halving and further reducing the average increase by a tenth , the 170% increase would take XRP’s price to $145.8 a year after the 2032 halving.

Applying the same metrics for the 2036 halving, the halvin would push the XRP price to around $170.

While this assessment depends on XRP maintaining the bullish trend following each halving, it considers the most bearish approach for XRP following each of the next three halvings. Despite this, it is unclear if XRP would even reach these targets or surpass them. As a result, investors should not consider them investment advice.