Rumors are swirling that the global interbank network SWIFT may soon integrate Ripple’s XRP Ledger, a development that could significantly elevate the cryptocurrency's status in the financial world. However, many claims about SWIFT's interest in Ripple are being met with skepticism, as they appear to be more speculative than factual. While Ripple has made strides in integrating its blockchain technology with various banking partners for cross-border payments, the current buzz surrounding SWIFT is largely based on conjecture.
SWIFT, which connects over 11,000 financial institutions across more than 200 countries and processes trillions of dollars daily, could benefit immensely from incorporating Ripple’s blockchain technology into its infrastructure. Market analyst John Squire recently stated, "In recent weeks, several influential voices have pointed to a possible announcement from SWIFT. It could be the official confirmation that XRP—through Ripple—will become part of SWIFT’s global payment infrastructure, used by over 11,000 financial institutions worldwide." This potential partnership could modernize SWIFT’s operations and position XRP as a key settlement layer within the global financial system.
Despite the excitement, many in the crypto community remain cautious. While Squire claims that Ripple's participation in SWIFT’s 2023 interoperability pilot programs lays a strong foundation for future collaboration, further investigation reveals that these programs were conducted by global banking organizations other than SWIFT. Additionally, while XRP advocates have pointed to various ways the cryptocurrency could benefit SWIFT, the institution itself has not publicly engaged in discussions regarding Ripple.
Another point of speculation involves EastNets, a third-party firm that licenses SWIFT's software. They mentioned the possibility of integrating some of Ripple's technologies, but this does not indicate a direct partnership between SWIFT and XRP. Furthermore, SWIFT’s recent push toward adopting ISO 20022, a global standard for financial messaging, has fueled further speculation about XRP's potential role. While Ripple’s compliance with ISO 20022 does position it as a candidate for integration into modernized payment systems, it does not imply that SWIFT and Ripple are collaborating.
As of April 14, 2025, XRP is trading at approximately $2.15, maintaining support above a rising trendline and the 50-day exponential moving average (EMA) at $2.08. Analysts note that a breakout above $2.25 could pave the way for further gains, with key resistance levels identified at $2.35 and $2.47. The Relative Strength Index (RSI) remains neutral at 56.9, indicating potential for upward momentum. If XRP closes above $2.26, it could target $2.47 in the short term. However, a drop below $2.10 would weaken the bullish structure.
Recent data from Santiment shows that wallets holding between 1 million and 10 million XRP now account for 9.27% of the total supply, while those holding between 10 million and 100 million XRP control 11.61%. This increase in holdings suggests a renewed risk appetite among large investors, which could further bolster XRP’s price. The sentiment around XRP has also been positively influenced by recent developments in the U.S. regarding tariff suspensions, which have sparked a recovery in global markets, including cryptocurrencies.
Despite the optimism surrounding XRP’s potential price surge, traders are advised to remain cautious. A 2.75% drop in derivatives open interest (OI) to $3.29 billion and a 40% decline in trading volume to $9.99 billion over the past 24 hours indicate reduced market participation. Liquidations over the last 24 hours totalled $13.86 million, with $8.2 million in long positions closed, suggesting that some traders are taking profits, which could limit upward momentum.
While technical indicators suggest a bullish outlook for XRP, the real catalyst for a significant price increase could be the confirmation of a partnership between Ripple and SWIFT. If such an announcement occurs, analysts speculate that XRP’s price could exceed $3.00. Some even suggest that, based on historical trends, XRP could eventually reach $45 in the long term.
As the cryptocurrency market continues to evolve, Ripple has been making strides beyond its potential SWIFT partnership. The company recently expanded its collaborations with Revolut and Zero Hash, aiming to compete with established stablecoins like USDT and USDC. Additionally, Ripple is working with Unicâmbio to facilitate instant payments between Portugal and Brazil using digital assets. In South Korea, BDACS will utilize Ripple Custody to secure XRP and RLUSD, while Ripple expects Japanese banks to adopt the XRP Ledger for cross-border payments by 2025.
Moreover, Ripple is collaborating with Chainlink to integrate its stablecoin, RLUSD, into Ethereum-based platforms within the DeFi space. This diversification of partnerships and technological advancements positions Ripple as a significant player in the digital asset sector.
In summary, while the rumors surrounding a potential Ripple-SWIFT integration continue to generate excitement, the reality remains that these claims are largely speculative at this stage. The potential benefits of such a partnership are clear, but until there is official confirmation, XRP enthusiasts and investors should approach the situation with cautious optimism. The coming days could be pivotal for Ripple and XRP, with the possibility of major developments on the horizon.
