Deaton Predicts Ripple IPO May Reach $100 Billion Valuation

The potential for a Ripple Initial Public Offering (IPO) has increased as the company nears resolution of its SEC lawsuit. Valuation expectations are rising, with pro-XRP lawyer John Deaton suggesting Ripple could exceed a $100 billion valuation post-IPO.

Key Points

Ripple is one of the largest cryptocurrency companies.
John Deaton's valuation follows Circle's successful IPO, which surged from $5 billion to over $63 billion.
Deaton believes Ripple, currently valued at $25 billion, could achieve a market cap of $100 billion due to its position ahead of Circle's USDC.
Ripple issued a $700 million tender offer with shares priced at $175, resulting in 141 million outstanding shares.
Market experts speculate that an IPO could positively impact the XRP price, with projections suggesting it could rise above $10 or even reach $100.

XRP price chart