Ripple is projected to rank as the ninth-largest IPO in 2026 with an estimated valuation of $50 billion, according to Investing Visuals. This valuation marks a 25% increase from its recent private valuation of $40 billion following a $500 million funding round in Q4 2025. The potential IPO could impact XRP's market performance, with Google Gemini suggesting a bullish price range of $8 to $15 for XRP, driven by increased institutional interest. Despite these projections, Ripple executives, including CEO Brad Garlinghouse and President Monica Long, have downplayed the urgency of an IPO. They emphasize that Ripple's growth strategy currently focuses on acquisitions rather than going public, with no immediate plans for an IPO in 2025 or 2026.