John, a respected market analyst and founder of the Wealth Group crypto trading community, believes XRP could see a major rally when Ripple goes public.
In a recent post, John said he would not be surprised to see Ripple hit the stock market with a “crazy high” valuation. Notably, such projections have often accompanied predictions of a massive bullish impact on XRP price.
John later followed up his initial commentary with a more elaborate disclosure. This time, he expressed confidence that Ripple could go public at an “insane valuation.” According to him, this would make XRP holders “win big.”
XRP Symmetrical Triangle Pattern
Interestingly, he shared a chart showing how XRP has been trading in a symmetrical triangle since its drop from the $3.4 high in January 2025. For five months now, the token has moved within that triangle, staying mostly around the $2 mark.
Data from the chart shows that XRP already attempted a breakout in March after Donald Trump announced plans to include XRP in a U.S. government crypto stockpile. XRP briefly spiked to $3 but quickly dropped back into its usual range.
XRP Symmetrical Triangle
Now that XRP is nearing the tip of the triangle, John and other analysts believe a breakout could happen soon, with his projections hinting at an initial launch above the $3 price region.
Anticipation of a Successful Ripple IPO
The analyst thinks Ripple going public could be the catalyst that sends XRP higher, especially with momentum building around the idea of a possible IPO. John’s comments come as more analysts and investors compare Ripple’s potential to the recent success of Circle.
For context, Circle’s stock more than tripled from its IPO target of $7 billion, eventually reaching over $25 billion. Following this massive leap, market commentators expect something similar from Ripple, especially since the company has cleared major regulatory hurdles.
Dennis Liu, another analyst, recently highlighted this. He believes a Ripple IPO could open the “floodgates” to serious gains for XRP. Meanwhile, in 2023, attorney John Deaton suggested Ripple might aim for an IPO with a $100 billion valuation within a year after its case with the SEC ends.
Ripple IPO Prospects
Still, Ripple’s top executives have ruled out any plans to go public this year. In April 2025, President Monica Long told CNBC that Ripple doesn’t need outside capital. She explained that, with billions in reserves, the company sees more value in expanding through acquisitions.
For context, Ripple recently acquired Hidden Road, a global prime brokerage firm, for $1.25 billion, after acquiring Metaco two years back. These deals help Ripple strengthen its offerings in global payments, token custody, and asset tokenization.
CEO Brad Garlinghouse has explained why an IPO doesn’t make sense just yet. He said Ripple does not need to raise funds. Even though he sees an IPO as a natural future step, he believes Ripple should first focus on growth and acquisitions.
Despite the current pause on IPO plans, Ripple continues to make moves that suggest long-term preparation. In November 2023, the company began hiring for important roles in corporate development and shareholder relations.
Also, this month, Ripple launched a $700 million share buyback offer at $175 per share, giving the company an implied valuation of around $25 billion. This marked a sharp rise from its $11.3 billion valuation in January 2024.
Read the full article here
