The upcoming week offers two key events for Ripple (XRP), as the cross-border altcoin continues to expand its utility list in a major way.

The upcoming week offers two key events for Ripple (XRP), as the cross-border altcoin continues to expand its utility list in a major way.

The upcoming week holds two key events for Ripple (XRP) as the cross-border altcoin continues to expand its utility list in a major way. SWIFT, the financial behemoth, is set to make an announcement on April 21, 2025, which could touch upon the topic of XRP Ledger testing to make the SWIFT transactions instantaneous rather than 3-4 business days.

Is SWIFT Mulling XRP For Immediate Payments?

The financial conglomerate of SWIFT is known to serve over 11,000 financial institutions around the globe. Standing for Society for Worldwide Interbank Financial Telecommunications (SWIFT), the XRP integration would open doors to a $150 trillion market for the OG altcoin.

Sponsored

According to Alisa DiCaprio, the HEad of Industry Engagement at SWIFT, most merchants are expecting to see transactions settled in less than an hour by 2027. Besides, Ripple, the parent company of XRP token, had participated in compatibility testing programs with SWIFT in 2023.

April 16 and April 21 could become the two most important dates in XRP’s history.And I’m not saying this for hype. I’m saying it because of context, data, and a narrative that’s been building for years.Let’s start with April 16:It’s the deadline for Ripple to submit its…

This made XRP a top candidate for SWIFT integration, competing against another Distributed Ledger Technology (DLT) powered altcoin, Hedera Hashgraph (HBAR). Aside from the awaiting update from SWIFT, XRP price could be heavily impacted by the closure of Ripple vs. SEC case. Indeed, the 6-year old high-profile lawsuit presumably ended in Ripple’s favor, but April 16, 2025 remains the last day to submit a response to the SEC in regards to the settlement.

XRP Price Won’t Bend The Knee To The Bears

Meanwhile, the popular altcoin Ripple (XRP) has been gobbling up massive trading volumes on Spot, registering $3.32 billion over the past 24 hours. Digging deeper into the XRP price charts, it’s crucial to note that XRP price broke through the mid-tier Bollinger Band (BOLL) depicted in blue color in the chart below.

Going forward, the red-label Bollinger Band at the $2.22 XRP price range is a must-watch level for crypto market observers. In case of XRP breaking through this level on the daily close, a retest of $2.52, or mid March levels, could solidify XRP’s efforts to restore $3, last seen in January, 2025.

Luckily, key on-chain metrics like the True Strength Index (TSI) and the large money tracking Chaikin Money Flow (CMF) are both flashing positive values. With a 21.7% uptick in 7 days, XRP price is still 10.9% down from where it was 30 days ago as major-cap altcoins lost some dominance against Bitcoin (BTC) after Donald Trump’s baseline tariffs kicked into effect.

On The Flipside

Why This Matters

Through integrations like XRP on SWIFT, this would create a massive liquidity backbone for crypto in the long term, unleashing a market worth $150 trillion.

Discover DailyCoin’s top crypto news:

Pi Coin Price Soars 45% As Pi Network Integrates ChainlinkMANTRA Crashes 90%, Founder Points To CEX Liquidations