As usage grows, what must XRP be worth?

1. 1. A big order has to reach pricier offers

   Offers to sell XRP line up by price on the ledger: the order book. A big buy takes the cheapest offers first, then pricier ones, so the average price rises above the starting price. That gap is the cost, often called slippage. Today the ledger absorbs about $135K at once within 1% cost.

2. 2. The AMM pool gets pricier as you draw from it

   An AMM pool holds XRP and dollars together and swaps automatically. The more XRP you take out, the scarcer what remains and the higher the price. The pool holds 1.8M XRP today; with the order book, about 2.2M XRP sits on the ledger.

3. 3. The same XRP absorbs more when it is worth more

   The dollars the ledger can absorb equal the XRP sitting there times its price. With the same count, double the price absorbs double the amount. So sending $5M within 1% needs 37.2× today’s price. The other path is that many more XRP get locked on the ledger.

4. 4. A bridge trades twice

   A payment firm buys XRP with dollars at the origin and sells it right away at the destination. It crosses both sides of the book, so cost arises twice. XRP sits on the bridge for seconds.

5. 5. Split payments give the book time to refill

   When a big trade drains offers, arbitrageurs bring XRP from exchanges and refill the gap. This speed is called market resiliency. Across 32K XRP/RLUSD AMM transactions (2026-10-02–2026-10-27), the 32 moves over 0.5% halved in a median 8 seconds. The daily mode uses this by default. The refill comes from exchanges and the measured shocks were about 1%, so much larger flows may refill slower; 2 and 20 minutes are also available.

The order book and AMM are real values read from the ledger. Level amounts are assumptions set against the market sizes above, not any company’s real flow. Real large payments also use exchange liquidity, which is not included here.