Ripple CEO Brad Garlinghouse has officially shut down speculation surrounding a potential initial public offering in 2025, delivering a firm response that caught many in the crypto community off guard. While Ripple has been the subject of IPO rumors in recent months, Garlinghouse made it clear during a public appearance that the company has no intention of going public this year.
Garlinghouse confirmed that Ripple maintains sound finances that exceed its current needs. In his view public offering exists for capital raisings yet Ripple has no such requirement.
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During his discussion Garlinghouse analyzed the current regulatory situation in the United States. According to him the historical environment seems hostile so he questioned why the company would pursue a public listing. Ripple faces fundamental challenges in regulatory understanding because of its legal dispute against the U.S. Securities and Exchange Commission.
At a direct question about an IPO for 2025 Garlinghouse stated it is completely off the company’s agenda. The company has internally discussed an IPO yet this proposal is not among their active priorities according to Garlinghouse. The company does not actively seek changes in regulatory leadership since the current leadership protects public discussion of an IPO in the future.
XRP Price Movement Continues to Draw Attention
Despite the announcement, the market continues to speculate on how a potential IPO might impact the XRP token in the long term. According to crypto analyst Ali Martinez, a public listing by Ripple could push XRP’s price to as high as $15, though that scenario remains distant.
At present, XRP is trading around $2.08, remaining in a consolidation phase. Analysts tracking the chart patterns have identified key resistance levels at $2.22 and $2.30. Support is currently seen at $1.88 and $1.63.
Source: @DefendDark
Crypto analyst DarkDefender labeled this ongoing price action as the “Final Consolidation” phase before its possible breakaway. Short-term price projections for XRP suggest that it would reach $3.75 and $5.85 in case it breaks through resistance levels.
The continued investor interest in XRP persists despite the fact that Ripple has no future plans for public listing in 2025. Market observers continuously examine regulatory changes alongside technical market signs to track potential expansion within the system.
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