XRP Could Reach $35 If It Captures A Quarter Of The Money Transfer Market By 2029

XRP has fallen to about $2.22 on July 7, marking a quiet trading session for this token. That price is much lower than what many cryptocurrency supporters believe it should reach. They pointed out the speed of XRP, its ability to process thousands of transactions per second, and the growing list of real-world partnerships as reasons why this cryptocurrency is undervalued. XRP Targets A Piece Of The Money Transfer Market According to recent forecasts, the global remittance industry is expected to grow from 783 billion dollars in 2024 to 833 billion dollars in 2025, an annual growth of approximately 6.4%. A similar rate is projected to push the total to about 1.06 trillion dollars by 2029. Based on reports, if XRP accounts for 25% of that market and investors value its network at twice the annual volume - similar to large payment companies - then the market capitalization of this token will reach $534 billion. With approximately 60 billion XRP in circulation, each coin will be worth $8.90. Ripple Expands Global Relationships Ripple is busy arranging transactions in places that transfer large amounts of money abroad. Brazil, Mexico, UAE, Saudi Arabia, Vietnam, and the Philippines are all on the list. In these markets, remittance senders often face high fees and slow transfers. The XRP consensus system allows banks and money transfer companies to settle payments in seconds, not days. That speed can help drive even higher adoption. Legal Clarity Boosts Confidence Based on the court's ruling, the United States now considers the sale of XRP to retail buyers not to be a security. This change opens the door for more banks and payment companies to participate without fear of legal repercussions. It also helps some large investors feel more confident in holding XRP for the long term. Based solely on the network value math, XRP at $8.89 has already quadrupled from $2.22. However, the cryptocurrency market often pushes token prices higher than those simple models. If increasing adoption brings a "demand premium" of 4 times, XRP could rise to $35.56 by 2029. The scenario assumes that Ripple's partnerships expand, legal risks remain low, and investors consider XRP an essential tool for cross-border payments. Risk and Main Variables Nothing is certain. Market sentiment can fluctuate. The release of tokens from escrow or changes in new supply can harm the price. And if banks take longer than expected to implement services based on XRP, demand may slow down. On the other hand, more use cases—such as tokenized assets or on-demand liquidity—could drive actual trading volume and push prices even higher.