- Ripple’s 40 billion XRP reserve is now valued at around $80 billion, creating speculation over a potential IPO strategy.
- Circle’s recent IPO is influencing Ripple’s valuation comparisons, especially given Ripple’s significantly larger crypto treasury.
- Despite IPO interest, Ripple shows no urgency to raise capital, relying instead on its substantial XRP-based financial cushion.
Ripple is drawing renewed attention after fresh speculation around a possible Initial Public Offering (IPO) gained traction. The company currently holds close to 40 billion XRP tokens. At a market price of $2.15 per token, Ripple’s reserves are valued at approximately $80 billion. This substantial figure has raised fresh debate over Ripple’s financial strength and how it might position itself on the public markets.
Crypto lawyer John E. Deaton recently pointed to Circle’s public market debut as a turning point for valuing digital asset companies. Circle, the company behind USDC, has reached a significant valuation following its IPO. This development has set a precedent that many believe could pave the way for Ripple. Deaton emphasized that if Circle can achieve such valuation levels, Ripple’s larger token reserve could justify a market value nearing $100 billion.
Ripple sees no immediate need for a capital raise
Despite the renewed speculation, Ripple has not expressed urgency in pursuing a public listing. Its sizable XRP holdings give it considerable financial flexibility. This allows the company to choose an opportune moment for any potential IPO without pressure to raise funds. Its strong balance sheet enables Ripple to stay agile in a volatile crypto market.
Besides corporate valuation talk, trading activity around XRP remains strong. XRP Futures Open Interest has stayed elevated in recent sessions. This continued trader engagement suggests confidence in the token’s long-term outlook. Analysts note that such patterns often reflect underlying investor belief in positive momentum.
Technical indicators hint at shifting price direction
Up-to-date technical indicators prove that XRP is approaching a potential transition. Relative Strength Index (RSI) is reaching the oversold area which possibly could mean that there is a possible stabilization in prices. In the meantime, the Moving Average Convergence Divergence (MACD) indicator indicates a possible relief in the bears. All of this, combined with the continued attention over XRP futures, speaks of a stable price outlook in the future.
