**XRP Could Surge Dramatically if IoT Devices Utilize Its Platform for 100 Million Daily Transactions**
*Written by: Sam Wisdom Raphael | Follow TheCryptoBasic*
XRP holds significant potential to reach much higher prices, especially if Internet of Things (IoT) devices begin leveraging its platform. Industry experts speculate that such integration could lead to as many as 100 million transactions daily on the XRP Ledger (XRPL). Currently, XRP trades around $2.43, but many investors argue that it is undervalued and still has tremendous room to grow as adoption and utility expand.
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### What Are IoT Devices?
For those new to the term, IoT devices are physical objects embedded with sensors, software, and network connectivity, enabling them to collect and exchange data over the internet. Examples include:
– Smart thermostats
– Wearable health trackers
– Industrial sensors
– Connected vehicles
These devices help automate processes, enhance monitoring capabilities, and improve efficiency across various sectors such as homes, industries, healthcare, and smart cities. Despite their many benefits, IoT networks grapple with security and privacy concerns—issues that blockchain technology could help address.
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### The Growth of IoT
As of 2025, there are approximately 19.8 billion connected IoT devices worldwide. Analysts project this number will soar to over 31 billion by 2030 and exceed 40 billion by 2034. This rapid growth suggests not just more devices but also a corresponding increase in global transaction volume.
Individual devices can send hundreds of messages per day; for example, in Microsoft’s Azure IoT Hub, a single device may publish up to 300 messages daily. Collectively, IoT systems generate hundreds of millions of terabytes of data every day.
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### How Could Blockchain Enhance IoT?
Blockchain technology offers a secure, decentralized way for IoT devices to conduct transactions. These could include:
– Financial payments
– Automated smart contracts
– Trusted data sharing and authentication
For instance, IoT devices could autonomously pay for electricity right after consumption through smart contracts. Supply chain tracking benefits from tamper-proof, verified data sharing on blockchains. Connected cars might make instant micropayments for tolls or charging sessions with digital currencies. Blockchain-based identity verification can strengthen network security by ensuring only authorized devices participate.
While networks like IOTA’s Tangle are already exploring these possibilities, the XRP Ledger’s scalability and low transaction fees position it as a promising platform to power IoT transactions.
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### What If IoT Devices Run 100 Million XRPL Transactions Daily?
To explore the impact on XRP’s price, we consulted Google Gemini about the effects of IoT devices executing 100 million daily transactions on the XRPL, using XRP as the gas token. At the time, XRP traded around $2.43.
Gemini suggested that such a surge in network activity could cause an unprecedented demand shock for XRP, potentially driving a dramatic price increase. The price impact would stem from two key effects linked to XRPL’s fee mechanism:
1. **Accelerated Token Burning**
2. **Higher Utility-Driven Demand**
Gemini calculated that at 100 million daily transactions, with a minimum burn rate of 0.00001 XRP per transaction, approximately 1,000 XRP would be burned every day, totaling 365,000 XRP annually. While this burn rate is modest relative to the 59 billion XRP currently in circulation, the real driver would be increased utility.
Corporations and institutions would likely need to acquire large volumes of XRP to facilitate these machine-to-machine payments, creating liquidity shortages on exchanges and intensifying buying pressure. Ultimately, this could lead to an exponential rise in XRP’s market price.
In a bullish projection, Gemini estimated XRP could reach between **$150 and $500 per token** if it became a core component of a global IoT payment network handling 100 million daily transactions.
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### Disclaimer
This content is for informational purposes only and should not be considered financial advice. The views expressed are the author’s personal opinions and do not reflect those of The Crypto Basic. Readers are encouraged to conduct thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses incurred.
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### About the Author
**Sam Wisdom Raphael** is a seasoned crypto news writer and journalist with five years of experience covering blockchain, DeFi, and crypto developments. His active involvement in the crypto community enhances his ability to provide clear price analysis and explain complex blockchain concepts.
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