Recently, I noticed that Ripple again clearly stated it has no IPO plans, while its valuation has surged to $50 billion USD—quite an interesting contrast. Is it truly unnecessary to raise capital through an IPO, or is there another purpose?
As an observer of this ecosystem, I carefully examined the financial logic to understand the reasoning behind this decision. Ripple's current situation is straightforward—it simply doesn't lack capital. Having completed a $500 million financing round in 2025 with a valuation already reaching the $40 billion USD scale, plus recently completing 4 acquisitions, the company has robust cash flow on its balance sheet. Under such circumstances, why would there be any need to pursue an IPO? After all, financing channels are already wide open.
More importantly, the regulatory environment has shifted. Ripple's legal battle with the SEC has finally concluded, and policy expectations for this sector have become clearer. With legal risks significantly reduced, the company can now dedicate all its energy to business expansion. Put simply, this is a strategic choice to "hold off on going public and first optimize the ecosystem to its fullest potential."
Just look at what Ripple has been doing recently. RLUSD, its USD stablecoin, has already entered the top ten by market cap. Payment business transaction volumes are approaching the $100+ billion milestone. Partnerships with Mastercard are progressing. The enterprise reserve fund has reached $1.1 billion USD. The ecosystem layout is becoming increasingly substantial. Meanwhile, institutional capital continues to enter, with spot ETFs alone seeing $1.25 billion USD in net inflows—all signals that the ecosystem is truly creating value.
XRP's own performance reflects this shift. From a holder's perspective, returns are materializing. Major staking platforms frequently launch incentive programs offering 5%-10% additional rewards for staking coins, while referral mechanisms provide participants with extra income. Most importantly, as the ecosystem improves, XRP's role as Ripple's core asset becomes increasingly clear, directly supporting its long-term value.
From a price perspective, XRP is currently around $1.87 USD, while Standard Chartered Bank analysts see a potential price of $8 USD by 2026—implying over 3x upside potential. The logic supporting this expectation is clear: the regulatory environment has become friendlier, institutions are deploying real capital, declining exchange balances indicate increasing long-term holders, and supply-demand dynamics are clearly skewed positive.
Admittedly, market voices also warn of risks, such as influencers cautioning potential drops back to the $1 USD level. But if you believe in the ecosystem's development itself and trust institutional capital's judgment, then returning to the previous high of $3.65 USD should merely be a matter of time, and the possibility of reaching $8 USD is far from unrealistic.
Ripple's current approach is methodical and solidifies every link in the ecosystem. For participants, you simply need to follow the pace, enjoy the benefits brought by ecosystem improvement, and await the next market cycle. Under this model, your assets are relatively more risk-manageable.
Recently, I noticed that Ripple again clearly stated it has no IPO plans, while its valuation has surged to $50 billion USD—quite an interesting contrast. Is it truly unnecessary to raise capital through an IPO, or is there another purpose?
As an observer of this ecosystem, I carefully examined the financial logic to understand the reasoning behind this decision. Ripple's current situation is straightforward—it simply doesn't lack capital. Having completed a $500 million financing round in 2025 with a valuation already reaching the $40 billion USD scale, plus recently completing 4 acquisitions, the company has robust cash flow on its balance sheet. Under such circumstances, why would there be any need to pursue an IPO? After all, financing channels are already wide open.
More importantly, the regulatory environment has shifted. Ripple's legal battle with the SEC has finally concluded, and policy expectations for this sector have become clearer. With legal risks significantly reduced, the company can now dedicate all its energy to business expansion. Put simply, this is a strategic choice to "hold off on going public and first optimize the ecosystem to its fullest potential."
Just look at what Ripple has been doing recently. RLUSD, its USD stablecoin, has already entered the top ten by market cap. Payment business transaction volumes are approaching the $100+ billion milestone. Partnerships with Mastercard are progressing. The enterprise reserve fund has reached $1.1 billion USD. The ecosystem layout is becoming increasingly substantial. Meanwhile, institutional capital continues to enter, with spot ETFs alone seeing $1.25 billion USD in net inflows—all signals that the ecosystem is truly creating value.
XRP's own performance reflects this shift. From a holder's perspective, returns are materializing. Major staking platforms frequently launch incentive programs offering 5%-10% additional rewards for staking coins, while referral mechanisms provide participants with extra income. Most importantly, as the ecosystem improves, XRP's role as Ripple's core asset becomes increasingly clear, directly supporting its long-term value.
From a price perspective, XRP is currently around $1.87 USD, while Standard Chartered Bank analysts see a potential price of $8 USD by 2026—implying over 3x upside potential. The logic supporting this expectation is clear: the regulatory environment has become friendlier, institutions are deploying real capital, declining exchange balances indicate increasing long-term holders, and supply-demand dynamics are clearly skewed positive.
Admittedly, market voices also warn of risks, such as influencers cautioning potential drops back to the $1 USD level. But if you believe in the ecosystem's development itself and trust institutional capital's judgment, then returning to the previous high of $3.65 USD should merely be a matter of time, and the possibility of reaching $8 USD is far from unrealistic.
Ripple's current approach is methodical and solidifies every link in the ecosystem. For participants, you simply need to follow the pace, enjoy the benefits brought by ecosystem improvement, and await the next market cycle. Under this model, your assets are relatively more risk-manageable.