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Ripple's rising private share value boosts XRP price action amid IPO anticipation.

Market News
29 May 2026
UToday
View Source
Bullish
pluang ai news

XRP's price has started responding to fundamental news after Ripple Labs' private shares surged to $136.90, reflecting a 376% increase and signaling strong institutional interest ahead of a potential 2026 IPO. This surge follows a $750 million share buyback that valued Ripple at $50 billion, alongside positive legislative developments like the CLARITY Act and growing XRP ETF inflows. Despite XRP's moderate price movement in 2026, these factors have aligned market sentiment with Ripple's IPO prospects, marking a shift from previous sideways trading.

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