Water can move faster in a pipe with higher pressure but electric charges and electrons can't move faster with voltage. Voltage increases the concentration of electrical charge and allows to move them with less friction instead of increasing its speed. By contrast, you can't concentrate water in a pipe with more pressure. Also water doesn't heat the pipe but transmits its pressure to it, causing it to blow if the pressure is too high.
Current heats whatever it crosses. The electric energy is therefore converted into heat. Eventually melting the wire if the current is too high. Voltage reduces this heating by allowing more energy to move freely.
500V is like sending a box with 500 balls in it. 5V is sending the same box (same box size and same box weight) with only 5 balls inside. The energy wasted to move 500 balls with 100 boxes will be much higher than with one box.