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The XRP community is rife with speculation after Ripple’s CEO, Brad Garlinghouse, stated that Ripple’s goal is not to integrate with SWIFT but to outpace the traditional network and capture its trillion-dollar cross-border payments industry. If this happens, the XRP price would record an explosive rally, but how high would it rise? Let’s explore.

XRP Price Today

XRP value today trades at $2.28, with a daily high of $2.35 and a low of $2.25. The second-largest altcoin recently formed a higher high, which may have kickstarted an uptrend, with traders eagerly watching whether it will overcome the uncertainty in the broader market and push higher.

However, despite XRP price remaining at weekly range highs, trading volumes had declined by 4% to $3.9 billion at press time per data from CoinMarketCap, suggesting that the recent buying pressure driven by ProShares XRP ETF news might be fading. Nevertheless, Garlinghouse’s comments on Ripple’s plans to overtake SWIFT may spark the next XRP bull run.

Ripple Wants To Capture SWIFT’s Trillion-Dollar Cross-Border Payments Industry

Ripple’s CEO was speaking during an interview with Fox Business, where he stated that there was a “massive” opportunity for the company in the cross-border payments industry. Despite SWIFT dominating this sector, Ripple notes there is a gap that can be filled by modernising it to achieve more efficiency and boost value for XRP price. He said,

“The market opportunity here is massive. You have trillions of dollars flowing across borders globally. It’s still dominated by the SWIFT network, and that’s a technology architecture that was developed 50 years ago. There is an opportunity to modernise.”

This statement suggests that Ripple plans to leverage blockchain technology to boost efficiency in the cross-border payments industry by replacing SWIFT’s old technology. If Ripple successfully taps this trillion-dollar market, it could spark massive gains for the XRP price.

How High Can XRP Price Rise?

XRP price will make an explosive rally if Ripple manages to capture the global cross-border payments industry, which is valued at more than $194 trillion and estimated to reach $320 trillion by 2032. However, considering that SWIFT has been operational for decades, replacing it could take several years.

However, even if Ripple captures just a fraction of this industry, say $20 trillion, the XRP price could explode. Grok3 uses liquidity and XRP’s 58 billion circulating supply to estimate that,

“If XRP captures $20 trillion of the $194 trillion global cross-border payments industry, its price could rally to approximately $48.89 per token based on utility-driven demand.”

Meanwhile, DeepSeek projects that Ripple capturing SWIFT’s trillion-dollar industry would also spark adoption from banks and other payment providers, in which case the XRP price could skyrocket to $34.

Considering the above XRP price prediction, it is clear that if Ripple were to capture even a small fraction of SWIFT’s cross-border payments, this token could register over 15x gains within a short time. This indicates that cross-border payments is one of the major industries that Ripple needs to tap into to derive value for XRP.

Summary

XRP price will make explosive gains if Ripple is successful in overtaking SWIFT and dominating the cross-border payments industry. If Ripple taps a tiny fraction of this industry and processes around $20 trillion payments annually, XRP could soar nearly 15 times, which will result in a surge in market cap and see the token dominate the crypto market.

The post How High Can XRP Price Rise as Ripple CEO Wants to Capture SWIFT’s Trillion-Dollar Share of Cross-Border Payments? appeared first on CoinGape.

FTX has taken legal action against two token issuers in a valiant attempt to recover its assets. The embattled exchange says it will begin lawsuits against entities in possession of its assets that refuse to cooperate in a last-ditch attempt to fulfill bankruptcy obligations.

FTX Rolls Out Full Legal Armada Against Token Issuers

According to a press release, FTX says it has opened lawsuits against token issuers with its assets that have avoided negotiations. Per the release, FTX’s latest legal case targets NFT Stars Limited and KUROSEMI for failing to engage with FTX to resolve the issue.

FTX says the decision to head to the courts is a last-ditch effort to bring unresponsive token issuers to the negotiation table. The exchange claims that the duo of NFT Stars Limited and KUROSEMI owes the bankrupt exchange contractually entitled tokens.

Per the statement, the exchange notes that previous attempts to seek an amicable resolution with the duo have gone unanswered.

“Our team continues to work tirelessly to maximize recoveries for the FTX Estate and return funds to creditors including by filing two complaints against issuers who have repeatedly ignored our attempts to engage,” said FTX.

FTX is racing to recover its assets to fulfill its obligations to creditors after its implosion in 2022. After its bankruptcy filing, the exchange uncovered a trail of misappropriation with a sizable amount of its assets helped by third-party token issuers.

To fulfill its obligations, FTX unlocked $21M SOL as part of its creditor repayment plans, but the troubled exchange faces an uphill climb.

Beleaguered Exchange Issues Warning To Issuers

In the press release, FTX notes that it will not be resting on its laurels after commencing legal action against KUROSEMI and NFT Stars Limited. The firm says it will double its efforts to recover its assets, urging entities to respond to correspondence on the matter.

“We urge token and coin issuers to return assets that rightfully belong to FTX, and are willing to initiate litigation barring adequate engagement,” read the press release.

FTX is receiving legal representation from Sullivan & Cromwell, while Alvarez & Marsal North America is serving as financial advisor. In other news, sport apparel brand Nike is the subject of a $5M lawsuit alleging a rugpull, following its closure of NFT marketplace RTFKT.

Despite the heightened activity, the FTX token continues its steep descent, losing nearly 3% over the last day. Bitcoin price climbing above $95K failed to trigger a similar rally for FTT as bankruptcy proceedings reach a fervent pitch.

The post FTX Launches Lawsuit Against Token Issuers To Recover Assets appeared first on CoinGape.

The post FTX Takes Legal Action Against Token Issuers Over Unprovided Assets appeared first on Coinpedia Fintech News

FTX has launched legal action against NFT Stars Ltd. and KUROSEMI INC. (d/b/a Delysium) for failing to deliver tokens it is entitled to under contract. This step follows numerous attempts to resolve the issue without litigation. FTX plans to reach out to other token and coin issuers with outstanding assets and will file additional lawsuits against those who remain unresponsive. The company urges these parties to engage promptly to avoid further legal action.

The post FTX Takes Legal Action Against Token Issuers Over Unprovided Assets appeared first on Coinpedia Fintech News
FTX has launched legal action against NFT Stars Ltd. and KUROSEMI INC. (d/b/a Delysium) for failing to deliver tokens it is entitled to under contract. This step follows numerous attempts to resolve the issue without litigation. FTX plans to reach out to other token and coin issuers with outstanding assets and will file additional lawsuits …

The post Gate Dubai Secures Full Operational Licence from VARA for Crypto Exchange Services appeared first on Coinpedia Fintech News

Gate Group has officially announced that its subsidiary, Gate Technology FZE (“Gate Dubai”), has been granted a full Virtual Asset Service Provider (VASP) license by Dubai’s Virtual Asset Regulatory Authority (VARA). The license allows Gate Dubai to offer exchange services to institutional, qualified, and retail investors, reinforcing Gate Group’s commitment to regulatory compliance and global expansion.

A Major Milestone for Global Strategy

Dr. Han, CEO and founder of Gate Group, described the full VARA license as a significant achievement for the company. He noted that Dubai is one of the most forward-looking markets for crypto, and securing this license moves Gate Group closer to its goal of becoming a fully compliant global platform. Dr. Han emphasized that the company remains focused on building a secure, transparent platform designed to protect its users.

Gate Dubai is now preparing for its full launch. The team is expanding rapidly, and the platform will soon allow users to trade cryptocurrencies with each other or swap crypto for fiat currencies — all under the strict regulatory framework set by VARA.

Gate Dubai to Boost Local Crypto Market

The Head of Gate Dubai stated that the company plans to combine its global expertise with the local market’s needs. By aligning with Dubai’s fast-growing crypto ecosystem, Gate Dubai aims to deliver safe, fast, and professional services, fully compliant with local regulations. The company sees Dubai as a critical part of its future expansion plans.

Growing Global Compliance Network

Dubai’s rise as a crypto hub played a key role in Gate Group’s decision to enter the Middle East market. The Group’s compliance-first strategy has already secured regulatory approvals across Lithuania, Argentina, Malta, Italy, Gibraltar, the Bahamas, and Hong Kong.

Gate Group also expanded its global footprint last year by acquiring Coin Master, a licensed exchange in Japan. These efforts further strengthen its position among leading players focused on regulatory compliance and global reach.

The post Gate Dubai Secures Full Operational Licence from VARA for Crypto Exchange Services appeared first on Coinpedia Fintech News
Gate Group has officially announced that its subsidiary, Gate Technology FZE (“Gate Dubai”), has been granted a full Virtual Asset Service Provider (VASP) license by Dubai’s Virtual Asset Regulatory Authority (VARA). The license allows Gate Dubai to offer exchange services to institutional, qualified, and retail investors, reinforcing Gate Group’s commitment to regulatory compliance and global …

The post Altcoin Season 2025 Has Arrived, Santiment Data Shows appeared first on Coinpedia Fintech News

Traders are convinced the altseason is either here or just about to explode. After Bitcoin’s massive surge last week, profits are flooding into riskier assets, setting the stage for altcoins to take the spotlight.

Bitcoin has held strong above $94,000 despite macro uncertainty. While altcoins have remained relatively neutral today, they have posted gains of 5-13% over the past week.

The latest Santiment analysis shows a rise in both price action and the social media volume across the crypto market in the past week. Bitcoin leads the way with a 23.21% rise in social volume, followed by Ethereum, XRP, and meme coins like TRUMP and PEPE seeing notable attention. 

Wrapped TRON, TRUMP Tokens Surge 150%

On the price side, several altcoins outperformed, with Wrapped TRON and Trump-themed tokens posting massive gains of over 150%. Sui, UGold, and PEPE were among the top gainers. The total market cap grew over 10% to $3.81 trillion, and the trading volume surged 21.38%, which shows growing momentum in the market. 

The TRUMP token spiked both in price and social volume around April 23, driven by strong community hype before slightly cooling off. There has been a rising interest in altcoins over the past month. The increase in social volume and BTC price strongly hints at an upcoming altseason.

Altcoins Gain Attention as Social Volume Peaks

The social volume for altcoins has also steadily increased, peaking around April 23-26. Altcoins’ share of total discussions rose after April 17, which shows that market participants are shifting focus to higher-risk, higher-reward assets. 

Bitcoin’s price has also been rising, which creates a favorable condition for an altcoin rally. Although there was a slight pullback in volume and dominance, it could be a temporary sign to stay cautious in the short term. It is also important to note that there has been a big jump in discussions around memecoins like Doge. 

Analyst Ash Crypto, in his recent X post, warned users against selling altcoins at a 50% loss, suggesting that holding them could lead to gains (5x-20x) in the next year. Despite the challenges of the 2022 bear market and the possible future crash due to tariffs, he believes that trillions in new crypto investments will flow in 2025 through Quantitative Easing.

The post Altcoin Season 2025 Has Arrived, Santiment Data Shows appeared first on Coinpedia Fintech News
Traders are convinced the altseason is either here or just about to explode. After Bitcoin’s massive surge last week, profits are flooding into riskier assets, setting the stage for altcoins to take the spotlight. Bitcoin has held strong above $94,000 despite macro uncertainty. While altcoins have remained relatively neutral today, they have posted gains of …

The post BlackRock Bitcoin ETF Inflow Explodes to Nearly $1 Billion in a Day appeared first on Coinpedia Fintech News

BlackRock’s iShares Bitcoin Trust (IBIT) just posted one of its biggest days since launch, pulling in nearly $1 billion in a single day. The $970 million inflow on Monday marks a powerful comeback in investor interest, particularly among institutions looking to add Bitcoin to their portfolios.

Selective Appetite for Bitcoin ETFs

While IBIT saw massive gains, other Bitcoin ETFs struggled. Fidelity’s FBTC posted about $87 million in outflows, while Grayscale’s GBTC lost $42 million. Ark Invest’s ARKB had the roughest day, seeing over $226 million in outflows.

This growing divergence suggests that while investors are returning to crypto, they are being highly selective — and BlackRock seems to be winning their trust.

The spike in BlackRock Bitcoin ETF inflow also comes alongside a broader uptick in Bitcoin sentiment. As stock markets wobble and economic uncertainty builds, many are turning to Bitcoin again — viewing it as a hedge much like gold. Supporters argue that Bitcoin’s relatively steady performance in recent weeks makes it an attractive place to park capital during turbulent times.

Politics, Fed Policy, and Market Mood

Adding to the improving market sentiment, Unity Wallet’s COO James Toledano noted that easing fears around tariffs and a more optimistic Federal Reserve outlook have helped lift investor confidence.

Interestingly, he also pointed out that former President Trump’s recent silence on crypto, a departure from his typically market-moving comments, may have helped calm nerves — though he acknowledged it’s hard to directly connect the two.

Spot Bitcoin ETFs: Still Finding Their Footing

BlackRock’s IBIT belongs to a new generation of spot Bitcoin ETFs that debuted in January, allowing both regular and institutional investors to access Bitcoin through traditional market channels.

While the broader spot ETF market is still stabilizing, BlackRock’s overwhelming inflows show where momentum is clearly building.

Adding more perspective, a crypto analyst highlighted that the gap between BlackRock’s IBIT holdings and MicroStrategy’s Bitcoin stash is narrowing rapidly.Currently, IBIT holds 573,869 BTC, compared to MicroStrategy’s 553,555 BTC. With only a 20,000 BTC difference now, the competition between the two for the largest institutional Bitcoin treasury is heating up.

The post BlackRock Bitcoin ETF Inflow Explodes to Nearly $1 Billion in a Day appeared first on Coinpedia Fintech News
BlackRock’s iShares Bitcoin Trust (IBIT) just posted one of its biggest days since launch, pulling in nearly $1 billion in a single day. The $970 million inflow on Monday marks a powerful comeback in investor interest, particularly among institutions looking to add Bitcoin to their portfolios. Nearly *$1bil* into iShares Bitcoin ETF today…2nd largest inflow …

The post UAE Launches Dirham-Backed Stablecoin Under New Dubai Crypto Regulation Push appeared first on Coinpedia Fintech News

Abu Dhabi is moving closer to becoming a global fintech leader. Three major UAE organizations, International Holding Company (IHC), ADQ, and First Abu Dhabi Bank (FAB), have come together to launch a brand-new stablecoin backed by the UAE Dirham.

However, Abu Dhabi’s ambitious plan challenges the dominance of US dollar-backed stablecoins, as other countries also look to create their national alternatives.

Safe, Fast, and Global Payments

The stablecoin will be issued on the ADI blockchain, a homegrown technology. The goal is to make payments safe and easy for people, businesses, and organizations, both in the UAE and worldwide.

This stablecoin will help with everyday payments and more complex digital transactions. Since it’s backed by the local currency and follows the Central Bank’s rules, it will be safe and legal.

First Abu Dhabi Bank (FAB) will issue the coin once it gets approval from the Central Bank of the UAE. This partnership combines strong financial support, new technology, and official regulation.

UAE Going Beyond Payments

This stablecoin isn’t just for simple transactions. It’s also made for the future, supporting payments between machines and AI-powered transactions.

The goal is to create a digital currency that works in new areas like smart finance and the Internet of Things (IoT), helping the UAE stay ahead in these fast-growing fields.

Pushing UAE’s Fintech Vision

This step is part of the UAE’s larger goal to be a leader in digital finance. Last year, the country introduced its first official stablecoin, AE Coin. Recently, a local company, MGX, invested $2 billion in Binance, proving how committed the region is to crypto and blockchain.

Syed Basar Shueb, CEO of IHC, said the new stablecoin is an important step for digital finance. He is proud that IHC is using its blockchain skills in the project and that the partnership shows the UAE’s focus on leading digital currencies.

Even Mohamed Hassan Alsuwaidi, CEO of ADQ, believes this project will make the UAE’s digital systems stronger.

Countries Consider Stablecoins Not Backed by USD

As the UAE moves forward with its stablecoin, other countries like Russia are also exploring their own. Russia is considering a stablecoin backed by its currency after facing US sanctions.

Many countries are looking into stablecoins tied to their currencies or central bank digital currencies (CBDCs). 

However, a report from Citigroup suggests, US dollar-backed stablecoins still lead the market, with Tether holding 90% of the $230 billion market, a 54% increase from last year.

The post UAE Launches Dirham-Backed Stablecoin Under New Dubai Crypto Regulation Push appeared first on Coinpedia Fintech News
Abu Dhabi is moving closer to becoming a global fintech leader. Three major UAE organizations, International Holding Company (IHC), ADQ, and First Abu Dhabi Bank (FAB), have come together to launch a brand-new stablecoin backed by the UAE Dirham.However, Abu Dhabi’s ambitious plan challenges the dominance of US dollar-backed stablecoins, as other countries also look …