Circle’s $10B IPO Ambition Over Ripple’s $5B Bid Signals Strong XRP Market Confidence

In a bold move underscoring its growth trajectory, Circle has reportedly turned down a $5 billion acquisition offer from Ripple, choosing instead to pursue an independent IPO targeting a $10 billion valuation. The decision, highlighted by legal expert John E. Deaton, reflects Circle’s confidence in the stablecoin market’s potential amid favorable regulatory shifts and rising institutional crypto demand. The company filed its S-1 registration with the SEC on April 1, 2025, with JPMorgan as a key partner, signaling a major milestone in its public market ambitions. This development not only reinforces Circle’s position as a leader in the digital asset space but also hints at broader Optimism for XRP and the crypto ecosystem as institutional adoption accelerates.

Circle IPO Aims for $10B Valuation After Rejecting Ripple’s $5B Offer

Circle has reportedly rejected Ripple’s $5 billion acquisition bid, opting instead to pursue an independent public offering. Legal expert John E. Deaton suggests the stablecoin issuer sees greater potential in an IPO, targeting a valuation nearing $10 billion amid favorable regulatory trends and growing institutional crypto demand.

The company filed its S-1 registration with the SEC on April 1, 2025, selecting JPMorgan Chase and Citigroup as lead underwriters for its NYSE listing under the ticker "CRCL." The offering, expected this summer, could value Circle between $4 billion and $5 billion—a strategic move reflecting confidence in its standalone growth prospects.

XRP Surges Toward $2.50 After Breakout from Symmetrical Triangle

XRP trades at $2.21 with a 0.4% gain, as 71% of Binance traders maintain long positions. Open interest has ballooned to $3.75 billion, signaling both heightened market participation and escalating risk appetite.

A decisive break above $2.24 could propel the token toward $2.50, with interim resistance expected at $2.30. Despite a marginal 0.7% dip in the past 24 hours, bullish sentiment dominates the market.

Bitwise Predicts XRP to Reach $29.30 by 2030 Amid ’XRP 2.0’ Speculation

Bitwise Asset Management has sparked market interest with a bold prediction that XRP could hit $29.30 by 2030. The forecast, based on anticipated institutional adoption and stablecoin market growth, suggests a 13x appreciation from current levels.

Traders are now weighing this projection against rumors of a next-generation payments protocol dubbed ’XRP 2.0.’ The speculative alternative has emerged as a potential disruptor, though XRP maintains its dominance with a current market valuation approaching $100,000 per token.

Market activity shows XRP trading volume at $2.14 billion, down 18% from the previous day. The Bitwise report, published April 26, emphasizes Ripple’s growing role in cross-border settlements as a key price driver.

Ripple Unlocks 1 Billion XRP from Escrow Amid Protocol Shift

Ripple Labs executed an unscheduled release of 1 billion XRP from escrow, diverging from its established monthly unlock pattern. Blockchain monitors detected three transactions totaling the amount—200 million, 300 million, and 500 million XRP—with the latter directly traceable to Ripple’s treasury.

The move coincides with newly implemented rules governing XRP’s managed supply, sparking speculation about strategic treasury management. Market observers note the absence of the customary escrow replenishment that typically follows such releases.