Ripple, the company behind XRP, is once again at the center of IPO speculation following Donald Trump’s 2024 presidential election victory and the potential resignation of SEC Chair Gary Gensler. Ripple CEO Brad Garlinghouse has hinted at reconsidering an IPO, previously dismissed due to regulatory uncertainties.
Market analysts and XRP community leaders are evaluating Ripple’s potential valuation. Attorney John Deaton and other commentators suggest Ripple could trade at three times the value of its XRP holdings, mirroring MicroStrategy’s valuation model. Analyst Peter Brandt estimates that if XRP breaks out of its current pattern, its market cap could hit $500 billion, raising its price to $8.72. This would make XRP the second-largest cryptocurrency after Bitcoin.
Ripple’s current holdings of 37 billion XRP could theoretically elevate the company’s valuation to over $1 trillion, using a valuation multiple similar to MicroStrategy’s. Despite recent buybacks of $285 million in Series C shares at an $11-12 billion valuation, experts, including Deaton, caution that these projections remain speculative.
Ripple may consider an IPO by late 2025 or early 2026, depending on market conditions and regulatory clarity.
Ripple’s IPO: A Potential Turning Point
Ripple’s potential IPO could mark a major milestone in its history:
- Regulatory Shifts: Trump’s presidency and Gensler’s possible departure may create a favorable environment.
- Valuation Insights: XRP’s projected price of $8.72 could drive Ripple’s market cap beyond $1 trillion.
- Strategic Moves: Ripple’s Series C buyback hints at strong investor confidence.
XRP’s Price Potential
XRP could see substantial growth under certain market conditions:
- Consolidation Breakout: A breakout could raise XRP’s price to $8.72.
- Market Cap Milestone: XRP’s valuation could surpass Ethereum’s, positioning it as the second-largest cryptocurrency.
- Ripple’s Holdings Impact: With 37 billion XRP, Ripple’s theoretical valuation could cross $1 trillion.
The Road Ahead for Ripple
Ripple’s journey to an IPO could include:
- 2025-2026 Timeline: Speculations point to a possible IPO by late 2025 or early 2026.
- Evolving Regulations: Regulatory clarity will play a crucial role.
- Community Expectations: XRP investors and analysts are closely monitoring developments.
Stay Updated With the Latest Crypto News
For the latest updates, stay connected with us!
👉 Connect with us on LinkedIn: Latest Crypto Update
👉 Follow us on Instagram: Latest Crypto Update
👉 Follow us on Twitter: LCU on Twitter
👉 Subscribe to Our Newsletter for the latest crypto news and market insights.
Disclaimer
The information provided on this website is for informational purposes only and may include third-party opinions or sponsored content. We do not offer financial advice. For more details, review our Terms & Conditions.
