Rapid technological changes and disruptive innovations have resulted in a significant shift in people’s behavior and requirements. Electronic gadgets, including smartphones, notebooks, and other devices, are indispensable to everyday routines. Consequently, the demand for high-capacity batteries has surged, which has enabled extended device autonomy. An alternative approach to address this demand is battery swapping, which can potentially extend the battery life of electronic devices. Although battery sharing in electric vehicles has been well studied, smartphone applications still need to be explored. Crucially, assessing the batteries’ state of health (SoH) presents a challenge, necessitating consensus on the best estimation methods to develop effective battery swap strategies. This paper proposes a model for estimating the SoH curve of lithium-ion batteries using the state of charge curve. The model was designed for smartphone battery swap applications utilizing Gated Recurrent Unit (GRU) neural networks. To validate the model, a system was developed to conduct destructive tests on batteries and study their behavior over their lifetimes. The results demonstrated the high precision of the model in estimating the SoH of batteries under various charge and discharge parameters. The proposed approach exhibits low computational complexity, low cost, and easily measurable input parameters, making it an attractive solution for smartphone battery swap applications.