Ripple, despite facing regulatory challenges, remains a dominant force in the crypto industry. CEO Brad Garlinghouse revealed that Ripple holds $100 billion worth of XRP, underscoring the undervaluation of the company compared to its Net Asset Value (NAV) in private markets.
š Rippleās True Valuation vs Market Perception
Garlinghouse dismissed the $11 billion valuation from early 2024 as outdated. He emphasized that Rippleās substantial XRP reserves should play a key role in determining its actual valuation, suggesting a massive market discount.
š¦ IPO Plans on Hold Amid SEC Challenges
Rippleās plans for an IPO have been hindered by regulatory hurdles under the leadership of SEC Chair Gary Gensler. However, with Paul Atkins, a pro-crypto executive, set to replace Gensler after Trumpās inauguration, speculation about Rippleās IPO revival is heating up.
š¼ Ripple USD (RLUSD) Sparks Market Excitement
Rippleās custody solutions and blockchain products are gaining traction, with RLUSD stablecoin driving significant market enthusiasm. Experts predict Ripple could emerge as a leading provider of blockchain infrastructure for financial institutions.
š XRP Market Performance
In the past seven days, XRP has surged by 19.8%, and its six-month growth exceeds 457%āoutpacing most top-tier cryptocurrencies. Even in the last 24 hours, XRP climbed 0.85%, signaling sustained investor confidence.
š The Road Ahead for Ripple
With $100 billion in XRP holdings, a potential IPO, and increasing institutional demand, Ripple is strategically positioned to solidify its dominance in the blockchain space.
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