Passing by here with an interesting analysis of the biggest IPOs expected for 2026, and Ripple appears in ninth position with a valuation of 50 billion dollars. I found it relevant to comment on this because it has generated quite a bit of speculation in the community.

To provide some context: SpaceX leads the list with 1.5 trillion, followed by OpenAI with 830 billion and ByteDance with 480 billion. Ripple would enter this ranking alongside Canva, both at 50 billion. If this happens, it would be a very interesting move considering the company closed a 500 million round in Q4 2025 that valued it at 40 billion. Going from 40 to 50 billion would represent a 25% growth.

Now, what really catches attention is the impact that an IPO at this level could have on XRP. We know that Ripple as a company and XRP as an asset are separate things, but the market has always connected the two. When Ripple expands partnerships, gains regulatory clarity, or attracts institutional investors, the sentiment around XRP naturally improves.

Regarding the price forecast of XRP in an IPO scenario: according to analyses I’ve seen circulating, a public offering of this magnitude could bring XRP to a range between 8 and 15 dollars. The logic behind this is that a successful IPO would signal to traditional finance that Ripple’s business model has matured. Some institutional analysts have already mentioned $8 as a possible target for 2026, assuming stable ETF flows and less regulatory risk. Currently, XRP is around $1.43, so we’re talking about a significant movement.

But here’s the detail: Ripple executives have downplayed the urgency of all this. Brad Garlinghouse, the CEO, said in 2024 that an IPO is just a step, not the ultimate goal. In March 2025, he told Bloomberg that an IPO was not a priority, as the company continues to grow without needing public capital. Monica Long, Ripple’s president, confirmed in April 2025 that there were no plans for an IPO in 2025, citing billions in cash reserves. Even in November 2025, at the Swell conference in New York, she reaffirmed that there is no IPO plan or set deadline.

So the situation is: while the market speculates with interesting price forecasts for XRP in case of an IPO, Ripple continues signaling that it’s in no rush. It could be a market strategy, or it could genuinely not be a priority for now. In any case, it’s worth keeping an eye on how this evolves in the coming months.