News View Non-AMP

Wall Street Predicts $150B Valuation for Ripple IPO; XRP Price to Hit New ATH?

Published by
Qadir AK

Wall Street veteran Linda Jones delves into Ripple’s potential Initial Public Offering (IPO). Comparing it to tech giants like Nvidia, Apple, and Amazon, Jones envisions Ripple setting a record valuation if its native cryptocurrency, XRP, hits its all-time high (ATH) of $3.84.

Jones’ analysis combines Ripple’s legal issues with the U.S. Securities and Exchange Commission (SEC) and the chance of XRP reaching a new ATH. If XRP does so, Jones sees a substantial $150 billion valuation for Ripple’s escrowed XRP, considering its 40.5 billion tokens in escrow.

Wall Street’s Optimism

Despite a market dip, Wall Street experts share Jones’ optimism, predicting Ripple’s IPO to establish a groundbreaking benchmark with a $150 billion XRP valuation. Ripple’s shares are estimated at $350 billion, marking a significant moment in cryptocurrency IPOs. However, everyone wants to know how Ripple will respond when it goes public via IPO.

Does its native token, flat at $0.50 for months, recover and reach a new ATH?

Stock and Crypto Connection

Jones suggests that a rise in Ripple’s stock could positively impact XRP. Similar to Bitcoin’s influence on mining companies, she believes a thriving Ripple stock may increase interest in XRP, potentially raising its value. Though unconventional, Bitcoin’s history shows such dynamics in the crypto world.

Yet, the journey to Ripple’s IPO success involves regulatory hurdles, particularly the SEC’s approval process. Jones notes potential delays unless Ripple considers moving abroad. While the clarity on XRP’s status is enticing, she advises against expecting rapid moves from the company.

Read More: XRP on the Verge of a Mega-Surge? Analysts See 2017 Echo in Charts

XRP to Hit New ATH?

Dark Defender predicts XRP could reach $5.85, indicating a substantial increase. Recent positive price movements hint at a short-term test at $0.66, with $0.55 as a crucial milestone for a potential bullish trend. Despite recent underperformance, XRP holds the fifth-largest market value at $27.9 billion, currently trading at $0.523. If Ripple’s stock hits the projected level, XRP may experience a significant rally, but it’s a unique situation. Changes in Ripple’s stock may impact XRP, and it calls for investor caution.

What’s your bold prediction for XRP’s price after the IPO? 

Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

Recent Posts

XRP ETF News: Brazil World’s First Spot XRP ETF – XRPH11 is Now Live!

XRP News Today, April 26th : Brazil has officially launched the world’s first spot XRP…

April 26, 2025

DeFi Development Corp Files Form S-3 With U.S. SEC to Raise $1B To Purchase Solana (SOL)

DeFi Development Corp follows a similar approach to SOL Strategy to issue debt securities to…

April 26, 2025

Kraken Exchange to List Cardano-based Memecoin Snek on April 28: SNEK Price Gains Over 16%

The listing of SNEK on Kraken is a massive gain for the wider Cardano ecosystem.…

April 26, 2025

Uniswap (UNI) Price Forecast: Dead Cat Bounce or Momentum Shift Ahead?

UNI price has largely followed Ethereum price action in the ongoing wider crypto recovery. The…

April 26, 2025

Sui’s Skyrocketing Trend Now Eyes $5 Breakout: What’s Next for SUI Price?

Sui’s token price has been on a strong rally over the past few days. While…

April 26, 2025

SEC’s Atkins Signals Change in Crypto Policies, Says Agency Can Act Alone

At his first public event as SEC chairman, Paul Atkins made it clear he’s backing…

April 26, 2025