$XRP Ripple IPO Countdown: 2026 Expectations for the Largest Private Company Listing
Ripple continues to top the list of potential IPO candidates for 2026, with an estimated valuation exceeding $50 billion, which would make it the largest private-company listing in the crypto industry.
Several positive factors support this outlook: the SEC lawsuit has been fully resolved, a $2.7 billion acquisition has significantly expanded Ripple’s business footprint, RLUSD now ranks among the top five stablecoins, and XRP ETF AUM has surpassed $1 billion, signaling growing institutional interest.
That said, challenges remain. XRP futures open interest has dropped to a two-year low, and overall derivatives market sentiment remains subdued. If the IPO moves forward, it could give XRP a traditional financial valuation anchor, potentially unlocking broader institutional allocation.
All eyes are now on possible S-1 filings in Q2 2026.
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