Ripple’s potential public offering is facing a crossroads, spurred by both its competitor’s success and the ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). Recent comments from Ripple advocate Pentoshi have fueled speculation about an IPO, potentially exceeding $10 billion in valuation. However, the timing of this IPO hinges on resolving the SEC lawsuit, which has been a major roadblock for Ripple. Circle’s successful debut on the New York Stock Exchange is seen as a precedent that could encourage other cryptocurrency firms to follow suit. This increased demand from institutional investors and regulatory entities signals potential growth in the sector. However, some experts believe Ripple’s public listing may not significantly affect XRP’s price trajectory. The critical question for Ripple lies in navigating this complex environment while ensuring its unique position as a payment solution is maintained. Whether or not Ripple decides to go public will depend heavily on the outcome of the ongoing legal proceedings with the SEC and their potential impact on the cryptocurrency industry.