
Evernorth to Build World’s Largest Institutional XRP Treasury via $1B SPAC Merger
Evernorth Holdings will merge with Armada Acquisition Corp II to build the world’s largest XRP treasury, backed by $1 billion in proceeds and strategic investors.
Evernorth Holdings will merge with Armada Acquisition Corp II to build the world’s largest XRP treasury, backed by $1 billion in proceeds and strategic investors.
XRP experienced one of its sharpest derivatives market resets this month as billions in open interest were wiped out within days.
Ripple purchased treasury management software firm GTreasury for $1 billion, marking its third major acquisition in 2025 following Hidden Road and Stellar Rail deals.
XRP price plunged as much as 42% to an intraday low of $1.54 during the recent crypto market crash, but has rebounded to $2.46 amid whale buying.
XRP fell 3% on October 9, testing $2.78 as Bitcoin’s retreat triggered market-wide liquidations. Despite the downturn, trading data shows bulls defending critical support levels.
XRP price approaches a critical technical junction. A strong daily close above the wedge pattern potentially triggers a rally toward $4.
XRP price rises above $3 as speculation about Ripple’s banking license fuels community optimism and institutional long positioning builds.
Ripple (XRP) price rebounds above $2.80 as Kalshi prediction markets and a $48.9 million whale inflow signal a positive outlook among investors.
Despite a 5% weekly correction, analysts remain bullish on the XRP price outlook, with projections of a rally to $10–$20.
Ripple’s XRP reached $3.10 following the launch of the first US XRP ETF by Rex Shares and Wednesday’s Fed rate cut. Derivatives trading metrics indicate potential for significantly larger market movements.
Ripple maintains price stability above $3 despite market uncertainty over Federal Reserve decisions, while boosting community sentiment through a major $25 million RLUSD charitable commitment.
Ripple (XRP) price consolidates above $3 despite a considerable decline in trading volumes over the weekend. Can bullish expectations on Rabby Wallet integration of XRPL EVM contracts nullify US inflation jitters?
Ripple (XRP) climbed toward the $3 mark on September 7 as ETF speculation fueled leveraged demand ahead of October deadlines.
XRP price is trading within a bull flag pattern, facing resistance around $3, with analysts eyeing a breakout toward $5, representing a potential 77% gain.
XRP kicked off September under pressure, slipping below key averages to $2.80, yet whales are betting nearly a billion dollars on its comeback.
Ripple token or XRP is an independent digital asset, native to the Ripple Consensus Ledger. Ripple is a real-time gross settlement system (RTGS), currency exchange and remittance network by Ripple. Also called the Ripple Transaction Protocol (RTXP) or Ripple protocol, it is built upon a distributed open source Internet protocol, consensus ledger and native currency (XRP).
Released in 2012, Ripple purports to enable “secure, instant and nearly free global financial transactions of any size with no chargebacks.” It supports tokens representing fiat currency, cryptocurrency, commodity or any other unit of value such as frequent flier miles or mobile minutes. At its core, Ripple is based around a shared, public database or ledger, which uses a consensus process that allows for payments, exchanges and remittance in a distributed process.