Table of Contents

The financial world is on the verge of a revolution. While the traditional SWIFT system struggles with outdated technology and high costs, XRP is emerging as a faster and more efficient alternative. The question is no longer if SWIFT will be replaced, but rather when.

SWIFT: A relic from another era

SWIFT was developed in the 1970s and still operates largely on the same principles. Transactions can take days and rely on multiple intermediaries, leading to delays and high fees. In today’s fast-paced financial world, speed and efficiency are crucial, and SWIFT is quickly becoming obsolete.

XRP offers a modern solution tailored to the needs of financial institutions. Transactions settle in seconds, no matter the location. The costs are minimal: while a SWIFT transaction can cost up to $50, the average XRP transaction fee is only $0.0002.

Another game-changing advantage of XRP is its decentralized structure. Unlike SWIFT, which depends on centralized authorities, XRP operates on a blockchain network, making it less vulnerable to security risks. Cases like the Bangladesh Bank hack, where cybercriminals stole $81 million via SWIFT, prove that the current system is far from secure.

XRP eliminates trapped capital

SWIFT requires banks to hold massive reserves across different countries, leading to billions of dollars in idle capital. XRP eliminates this inefficiency by enabling instant value transfers without requiring banks to hold large liquidity reserves. This frees up capital, allowing financial institutions to reinvest and grow instead of parking money in dormant accounts.

A rapidly expanding partner network

While SWIFT still connects over 11,000 financial institutions, RippleNet is growing fast. With over 300 banks testing or already using XRP, it’s clear that the transition is underway.

One of the biggest roadblocks to XRP’s mainstream adoption has been its ongoing legal battle with the SEC. However, as this case nears resolution, XRP is increasingly positioning itself as the future of cross-border payments.

SWIFT has tried to stay relevant with upgrades like ISO 20022 and GPI (Global Payments Innovation). But these patchwork solutions fail to fix the fundamental inefficiencies of the system. XRP doesn’t offer just a band-aid fix—it provides an entirely new way of processing transactions.

With unparalleled speed, near-zero costs, and an expanding adoption network, XRP is proving to be a real contender for replacing SWIFT. The shift is no longer a distant possibility—it’s just a matter of time.

XRP Under Pressure – But Could It Rally to $5?

XRP is currently forming a Head and Shoulders pattern—a bearish technical signal. But this doesn’t mean all hope is lost. XRP is trading at a critical level, and if this support holds, the road to $5 might be open.

Popular analyst Ali Martinez recently pointed out that XRP’s daily chart is forming a Head and Shoulders pattern—a classic bearish indicator that often signals a downward trend.

The neckline of this pattern is around $2.15, acting as a crucial support level.

To maintain bullish momentum, XRP must hold above $2.15 and rebound toward the recent high at $2.80, which represents the right shoulder of the pattern. If successful, XRP could accelerate toward $5.

However, if XRP closes below $2.15, it could trigger a bearish trend, with a potential drop to $1.50.

History Might Repeat Itself: Parallels to the 2017 Bull Run

Some analysts remain optimistic, noting similarities to XRP’s 2017 bull market. Back then, XRP surged over 62,000% after breaking out from an extended accumulation phase, reaching an all-time high of over $3.

Today, XRP appears to be breaking out of another prolonged accumulation phase. Over the past four months, its price has surged by 400%, mirroring early stages of the 2017 rally.

Regulation and ETF Speculation as Bullish Catalysts

Beyond technical analysis, fundamental factors are playing a huge role.

A positive outcome in Ripple’s lawsuit with the SEC could remove uncertainty, boosting investor confidence.

At the same time, speculation about a potential XRP Spot ETF is heating up. According to Bloomberg, there’s a 65% chance of ETF approval this year—if regulators lean favorably toward crypto assets. An ETF could bring a wave of institutional money into XRP, potentially fueling a price surge.

XRP Faces Broader Market Pressure

At the time of writing, XRP is trading around $2.07, down nearly 6% in the past 24 hours. The entire crypto market is experiencing a broad correction, and even Donald Trump’s recent announcement of a strategic Bitcoin reserve hasn’t been enough to push prices higher.

Geopolitical tensions and macroeconomic uncertainty remain the dominant forces driving markets.

While XRP is currently under short-term pressure, its long-term potential remains intact. If support levels hold and regulatory clarity improves, XRP could be set for a major breakout in 2025.

Author
Recent Posts

Roman Blecha

I have 6 years of writing experience on several leading websites dealing with cryptocurrencies and other investments. I have been in the Web3 sector for a similar amount of time and have collaborated on several projects from NFT to P2E. My previous experiences: Business2Community.com, TradingPlatforms.com, CryptoSvet.cz