Ripple CEO Brad Garlinghouse’s recent statements have reignited discussions about the company’s IPO. While there is speculation about a potential IPO by the end of 2025, no official date has been set.
Post a successful buyback, Ripple’s valuation dropped to 11.3 billion USD from 15 billion USD in 2022. Analysts predict a strong rise in XRP value with estimates suggesting it could soar to between 10.00 USD and 222.00 USD once the public offering takes place.
Post-IPO, Ripple aims to enhance its global payments network and may see XRP adoption increase. However, concerns exist that investor interest may pivot towards Ripple’s stock, potentially affecting XRP’s market dynamics.