Recently, news has emerged suggesting a rise in the price of XRP to 4,80094507655894 and surpassing the price of Ethereum (Ethereum-ETH), but skeptics see it as something not out of reach, as this potential rise could diminish the importance of the current price levels of Bitcoin (Bitcoin-BTC).

However, Ripple has contributed to this possibility when its CEO Brad Garlinghouse hinted at the potential for an Initial Public Offering (IPO) of the company’s shares, with speculation about it happening by the end of this year. The transformation of Ripple into a public joint-stock company could increase the popularity of the company and its currency XRP worldwide, which could lead to the significant price movements that Garlinghouse predicted.