Ripple CEO Brad Garlinghouse has confirmed that the company's treasury operations, including its acquisition of gTreasury, now handle an annual payment volume of $13 trillion. This massive scale has led analysts to project a potential price range for XRP between $10 and $40, based on its potential role as a settlement asset in corporate treasury operations.
The price projection stems from a simple formula that factors in Ripple's total annual payment volume, the circulating supply of XRP, and the token's transaction velocity—a measure of how often it changes hands in a year. Under optimistic assumptions where XRP circulates 10 to 20 times annually, the calculation suggests a price of $10 to $40 per token.
A key driver of this potential is Ripple's $1 billion acquisition of gTreasury in October 2025. gTreasury operates within the massive $120 trillion corporate treasury market, which handles payments for large companies globally. Ripple plans to leverage blockchain technology to make these transactions faster, more secure, and transparent, with XRP positioned as a central settlement asset in this strategy.
Garlinghouse sees XRP as integral to this vision. As more corporations adopt Ripple's platform for treasury management and cross-border payments, the token's utility and value as a settlement instrument are expected to strengthen.
However, the projections come with significant caveats. The model assumes widespread adoption of XRP as a settlement asset within corporate treasuries. Analysts warn that adoption risks and regulatory hurdles could impact the outcome. Companies need to trust Ripple's systems for large-scale implementation, and stricter regulations in key markets like the U.S. or Europe could limit adoption. If adoption is slower than anticipated or regulatory headwinds intensify, the token's price may fall short of the upper end of the forecast.
For investors, the $10-$40 range illustrates XRP's potential value derived from real-world business utility in corporate payments, moving beyond retail speculation. Despite the optimistic forecasts, Ripple's integration with gTreasury and its established scale in global payments make XRP a digital asset to watch closely in 2026.
