Ripple IPO Coming Soon? Lawyer Deaton Shocks with $100 Billion Valuation

The likelihood of Ripple's IPO ( has increased over time, and the company is moving towards fully resolving its SEC lawsuit. With growing expectations for the IPO, valuations may have started to soar as the company is one of the largest cryptocurrency firms. Notably, XRP supporter and community member John Deaton has suggested that Ripple's IPO could value the company at over $100 billion. Deaton Values Ripple At $100 Billion Comments and valuations from lawyer John Deaton were made after Circle, the company behind the stablecoin USDC, successfully completed its Initial Public Offering )IPO(. So far, this cryptocurrency company has achieved significant success in the market, soaring from an initial valuation of 5 billion dollars to over 63 billion dollars after the IPO. Deaton responded to a post on X ) previously known as Twitter(, highlighting this achievement, pointing out how Ripple could succeed further in this regard. He explained that although Ripple's CEO Brad Garlinghouse stated that the company is not in a hurry to go public, the IPO should be timed precisely to have the right impact. Pointing out the current market context, he noted that if Circle could grow to a valuation of 63 billion dollars, it would mean that Ripple could rise even higher. With XRP's position in the market as the 4th largest cryptocurrency, ranking above Circle's USDC, which is currently in 7th place, Deaton believes that Ripple's valuation after the IPO could increase to 100 billion dollars. Deaton wrote: "If Circle can reach a market capitalization of 62 billion-75 billion dollars, then Ripple, with nearly 40 billion XRP, currently valued at 2 dollars ), which is 80 billion dollars (, can certainly reach a market capitalization of 100 billion dollars in this context." According to Bitcoinist, Ripple has launched a public offering worth $700 million at a share price of $175. This currently brings the company's equity valuation to $25 billion with 141 million shares outstanding as investors have a positive outlook on this cryptocurrency company. How High Can XRP Prices Go? Market experts have speculated that if Ripple's IPO takes place and the valuation skyrockets, the price of XRP will also rise. Cryptocurrency investor Dennis Liu shared a video suggesting that a successful IPO would have a positive impact on the price of XRP. He pointed out that the symbiotic relationship of the XRP coin related to Ripple's stock would be a dream for investors. Other market experts have argued that the price of XRP will double to above $10 if this happens. In some cases, the price of XRP has been valued as high as $100 if Ripple completes its IPO and starts trading as a publicly listed company.