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How Could a Ripple IPO Impact the Crypto Market?

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6 months ago

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A Ripple IPO prospect has been the talk of the crypto market for several months. Such an IPO would add to Ripple’s legitimacy and provide a route for more mainstream investors to join in. An IPO could increase Ripple’s financial resources, but above all, the price of XRP may rise because increased visibility would engender investor confidence.

Amidst numerous speculations, a business consultant and Web3 expert, Jake Claver, commented that an IPO would significantly affect Ripple Labs. His statement explained that such an IPO for Ripple Labs may shake the world like Amazon’s IPO did in 1997.

On the other hand, the company’s CEO, Brad Garlinghouse, explained that while a public listing has been discussed, Ripple has little to no need to pursue such an IPO. He added that the company is strong in cash and is optimistic regarding its ongoing case with the United States SEC. 

Ripple IPO Could Transform Fintech, Just Like Amazon Did

There has been much speculation in the cryptocurrency community over a Ripple IPO, which business consultant Jake Claver claims would perhaps not have a different effect from that wrought by Amazon’s IPO in 1997.  

Going public in the wake of the Ripple case against the SEC could be even more significant validation for the company and a differentiation factor from other crypto companies. This is similar to how the Coinbase IPO drew attention to the industry in 2021. It may also incite other crypto companies to follow suit, which would signify greater maturity in the market.

First and foremost, Claver said this will position the company better in both the blockchain and fintech verticals. To this end, Ripple has been, in his words, “an award-winning company that provides cross-border payment solutions to over 300 financial institutions of all kinds all over the world”. Like Amazon, once Ripple IPO happens, the company can easily venture into other spaces.

He noted that when Amazon went public, it raised $54 million to expand its book offerings into electronic goods, clothing, and cloud computing services. Drawing from the example of Ripple, Claver cited that funds gathered from an IPO could achieve function expansion and entry into new markets for blockchain.

He also said that Ripple might use the proceeds from a potential IPO to make strategic acquisitions of companies, similar to Amazon’s acquisition of Whole Foods and Twitch. Claver pointed to Ripple’s acquisition of Metaco, which extends its institutional-grade digital asset custody services, as one that would put it on its way to making a more decisive play for significant market share.

Will Ripple IPO Drive Blockchain Adoption?

Money from a Ripple IPO might also further accelerate the company’s research and development, leading to advancements on the XRP Ledger recently mentioned even by Elon Musk. The IPO would also help new uses such as smart contracts, tokenized assets, and CBDCs—a strategic move that could place Ripple at the heart of considerable growth and innovation in the changing face of finance.

Claver underlined how such a direct listing or IPO would provide another strong foothold for Ripple in the blockchain and fintech sectors, alluding to Ripple’s “more than 300-strong network of financial institutions currently leveraging its cross-border payment solutions.”

He added that a Ripple IPO would finally give the company the war chest to scale business operations, expand into more markets, and execute strategic acquisitions, just as Amazon had done by buying Whole Foods and Twitch to diversify its portfolio further.

Garlinghouse: Ripple is Strong even without an IPO

Be that as it may, recently, CEO Brad Garlinghouse commented on the company’s future regarding the current regulatory landscape, crypto ETFs, and even a Ripple IPO. He firstly clarified that while a public listing has been discussed, Ripple has little to no need to pursue such an IPO given its strong cash positioning and ongoing case with the United States SEC.

He said that the challenges faced by the current SEC position on XRP downplayed the agency’s moves as overreaching despite the recent court ruling cemented that XRP itself was not a security. At the same time, he hinted that a change in leadership at the top of the SEC might lead to better regulations for the industry.

Garlinghouse was also very optimistic about the future of crypto-based ETFs He said such products, like the XRP ETF, would not be left in the backwater for long. Instead, they would come into the mainstream, much like Bitcoin ETFs have done. He cited rising interest in crypto-based ETFs as evidence of sector maturity and predicted further developments in this area.

Speaking about Ripple’s  stablecoin, he indicated that their frequent use of USDT and USDC influenced the launch of RLUSD. He also suggested that the SEC’s ongoing appeal against Ripple is a tactic to obstruct the approval of XRP ETFs.

While the company still relies on other stablecoins for on-demand liquidity services, it plans to transition towards using RLUSD. Part of the big vision is a deeper positioning of Ripple’s stablecoin within its chain of payments meant to further expand functionality and liquidity within the XRP ecosystem, including the Ripple IPO one day.

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Teuta

Teuta is a seasoned writer and editor with over 15 years of experience in macroeconomics, technology, and the cryptocurrency and blockchain industries. Starting her career in 2005 as a lifestyle writer for Cosmopolitan in Croatia, she expanded into covering business and economy for several esteemed publications like Forbes and Bloomberg. Influenced by figures like Don Tapscott and Bruce Dickinson, Teuta embraced the blockchain revolution, believing crypto to be one of humanity’s most crucial inventions. Her fintech involvement began in 2014, focusing on crypto, blockchain, NFTs, and Web3. Known for her excellent teamwork and communication skills, Teuta holds a double MA in Political Science and Law, enjoys punk rock, chablis, and has a passion for shoes.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Solana’s Fartcoin Jumps 20% Despite Market Selloff

Published

2 hours ago

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April 8, 2025

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The rout in the broader digital currency ecosystem did not impact some assets like Fartcoin, the memecoin linked to the Solana blockchain. As against the more than 8% drawdown in the combined market cap at the peak of the selloff on April 7, Fartcoin price maintained a more than 20% uptick.

Per the token’s performance, the speculation of a memecoin-driven market recovery is gaining momentum.

Fartcoin Price and Decoupling Trends

Despite the strong correlation that most digital currencies maintain with Bitcoin, the Fartcoin price displayed rare decoupling today. At the time of writing, the memecoin was changing hands for $0.5482, up by more than 20% in the past 24 hours per CoinMarketCap data.

Beyond the Solana memecoin’s price, other important metrics are also green. For instance, the coin saw its trading volume jump by more than 159% to over $370 million. This proof of engagement has helped the memecoin maintain a steady price above $0.5 amid volatility.

An earlier Fartcoin price analysis explored the prospect of the token soaring to $1.4. Historically, the token has always outperformed the broader market. The currently staged uptick might trigger its sustained rebound in the coming weeks in its bid to hit new heights.

Solana Memecoin Revival: Fartcoin To Lead?

Finding one token to serve as an outlier within a functioning blockchain ecosystem is not uncommon. While top tokens like BONK and Dogwifhat are underperforming, Fartcoin may be geared to lead the broader Solana revival.

The pivot to memecoins is already gaining traction with the rebranding of PumpFun. As reported earlier by CoinGape, the meme launchpad recently launched PumpSwap as a decentralized exchange to power its supported tokens. Shortly after, PumpFun launched PumpFi, a liquidity boost protocol for its users.

PumpFun helped push Solana’s price to a high of $294 before community backlash forced it to take the backstage. However, if the rebrand efforts and the relaunch of the PumpFun livestream turbocharge interest, Solana, Fartcoin, and associated assets may skyrocket further in due course.

Market Outlook to Watch

The headwind suppressing the price of most risk-on assets is the Donald Trump-fueled tariff war. While this is temporary, many digital currencies are poised to regain their lost valuations.

With the stock market correlation with digital currencies, protocols like Solana may pick on other bullish attractions within their ecosystems to stage a rebound. The growing push for a SOL ETF from Fidelity Investments and other asset managers creates a tailwind for the underlying asset.

If all the bullish factors around Solana play out, tokens like Fartcoin may see a retest of $2 in the long term.

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Godfrey Benjamin

Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture.

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Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Programmer Reveals Reason To Be Bullish On Pi Network Despite Pi Coin Price Crash

Published

3 hours ago

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April 8, 2025

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While the PiCoreTeam (PCT) has endured a barrage of criticisms, Pi Network node runner John Lang has expressed optimism over the future of Pi Network. He hinges his belief on several initiatives by the PCT while urging investors not to sell their Pi Coins in the face of extended bearish sentiments.

Lang Says Pi Network Is Building Behind The Scenes

After enduring a torrid week that saw Pi Network price tumble to $0.58, John Lang is kindling bullish sentiments for Pi Coin holders. According to a post on X, the Pi Network node runner revealed that the price correction is only a small blip in the grand scheme of things for Pi.

His optimism stems from a series of behind-the-scenes activities by the PiCoreTeam which he says will usher a range of positives for the network. Per Lang, Pi community members should be patient with the PCT in view of the mountain of work before the development team.

“Guys, be patient with the PiCoreTeam. They keep working, building meticulously behind the scenes,” said Lang. “Their task is not easy and there are so much things to do.”

His comments come on the heels of scathing criticism against the PCT revolving around delays for KYB approvals for community projects. Things reached a head after PiDaoSwap launched NFTs on BSC as a temporary fix to the lengthy delays by the PCT.

Furthermore, Lang wants investors not to capitulate despite the pervading bearish conditions. Pi price has slipped 13% and is in free fall toward $0.3 with all eyes on the PCT for a short-term fix.

“Just trust the process and whatever the market condition is, never sell your Pi cheap,” said Lang.

PiCoreTeam Releases Technical Conditions For Ecosystem Developers

In a recent update, the PCT has released technical conditions for developers keen on building applications on the Pi Network. The conditions focus on a mobile-first strategy spelling out development language and framework while rolling out a software development kit.

Per the announcement, developers must pass KYC certification, and apps on the network must indicate a way of value exchange. The PCT’s pragmatic suggestions include apps for virtual goods, service decentralized applications (DApps), and mini-game platforms.

The PCT has released an update on Pi domain auctions, noting that bids have surpassed the 200,000 mark confirming rising on-chain metrics. Despite the rising PCT activity, market analyst Dr Altcoin has urged the PCT to burn billions of Pi Coins in its foundation wallets.

The pseudonymous Satoshi Nakamoto has urged community members to help stabilize the Pi price via a decentralized strategy. Nakamoto proposes a community-driven liquidity pool (CDLP) powered by investors committing to purchase a fixed amount of Pi each month.

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Aliyu Pokima

Aliyu Pokima is a seasoned cryptocurrency and emerging technologies journalist with a knack for covering needle-moving stories in the space. Aliyu delivers breaking news stories, regulatory updates, and insightful analysis with depth and precision. When he’s not poring over charts or following leads, Aliyu enjoys playing the bass guitar, lifting weights and running marathons.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Ripple Whale Moves $355 Million To Binance, XRP Price To Dip Further?

Published

4 hours ago

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April 7, 2025

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A large Ripple whale transaction has drawn attention across the crypto market. Early reports confirm that 200,000,000 XRP, worth approximately $355.6 million, was transferred from an unknown wallet to Binance. This movement has triggered concerns about possible price volatility in the near term.

The XRP price as a result of the Ripple whale dropped to around $1.61, sparking fears of a further dip.

Ripple Whale Major Transaction Sparks Worry

According to Whale Alert, a Ripple whale has moved 200 million XRP to Binance. The total value of this transfer stands at $355,576,574 based on the current XRP price. Such large movements often signal upcoming trading activity that could affect price behavior. Moreover, some optimism is building up brought by the NYSE Arca approval of listing and registration of Teucrium’s 2X Long Daily XRP ETF.

Post the Ripple whale action, analysts on social media have shared differing views on this development. Dark Defender commented, “There is no change in our XRP Monthly Frame. $1.8815 is holding firm.”

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While the origin of the Ripple whale remains unknown, historical data shows that similar movements have preceded corrections or temporary price drops. Meanwhile, crypto analyst Ali Charts has predicted that XRP price is breaking out of a head-and-shoulders pattern, setting the stage for a potential move to $1.30. This interpretation adds a short-term XRP bearish perspective if the pattern confirms lower levels before a potential rebound.

Will XRP Price Rally To $8 in April?

Concurrent with the Ripple whale, Casi Trades, reported that the $1.90 support level has broken down, turning it into a resistance point for XRP price. “This low made new extremes on the RSI,” they stated, referring to the market-wide price dip that took XRP to $1.61.

Casi also noted the next support at $1.55, which aligns with the .618 Fibonacci retracement level. This is a crucial area where many traders are setting alerts. According to the trader, “If we do bottom near $1.55, it actually strengthens the bullish case for those big April targets—$8 to $13 still stands.”

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CredibleCrypto echoed similar thoughts, noting that XRP finally moved below a range low that had held for over a month. They pointed to a key demand zone between $1.61 and $1.79, suggesting it offers a possible setup for a rebound. However, they also noted that “Ideally we bracket/range here for a bit to form a base before a full-on reversal.”

As of now, despite the Ripple whale move the XRP price is consolidating just above this zone. 

Analyst Outlines Key Resistance To Breach To Resume Bull Rally

Technical analysts have continued to monitor the Elliott Wave structure, suggesting that XRP price may be completing Wave 2 of a larger trend. This theory proposes that a strong Wave 3 could begin soon, which typically represents a strong upward movement.

The local resistance levels to watch include $1.97 and $2.17. A breakout above these points could lead to a move toward higher targets like $2.72 and possibly the previous all-time high of $3.70. However, a failure to hold above $1.61 could shift the focus to a deeper correction.

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According to Egrag, a potential double-bottom or inverse head-and-shoulders pattern forming, which could support a bullish reversal if confirmed. This pattern is forming within the demand zone, which is being viewed by some traders as an ideal long setup for XRP price.

Historical Market Cycles and Long-Term View

Egrag Crypto shared a long-term view, drawing from past market cycles. They compared the current XRP price movement with patterns from 2017 and 2021. According to Egrag, during both cycles, XRP price touched or dropped below the 200 MA (moving average) before making large gains.

“In 2017, XRP dropped 73% then pumped 2700%. In 2021, it dropped 78% then pumped 1000%,” Egrag stated. He emphasized that as long as the 50 MA hasn’t crossed below the 200 MA, the bullish trend remains valid.

Egrag pointed out that short-term price declines are part of larger patterns. “You buy the blood, even if it’s your own,” he wrote, referring to buying during market fear. 

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Kelvin Munene Murithi

Kelvin is a distinguished writer with expertise in crypto and finance, holding a Bachelor’s degree in Actuarial Science. Known for his incisive analysis and insightful content, he possesses a strong command of English and excels in conducting thorough research and delivering timely cryptocurrency market updates.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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