Key Highlights Evernorth is moving closer to completing its merger with Armada Acquisition Corp. II after shareholders approved the transaction on October 1. The company expects to hold approximately 473 million $XRP at the merger closing, compared with approximately 347 million $XRP currently. XRPN is expected to begin trading on Nasdaq on October 8, giving ...
Key Highlights: Ripple unlocked 1 billion $XRP from escrow accounts at the start of October. The tokens were released through four transfers worth approximately $1.49 billion in total. Market supply pressure will depend on how many tokens Ripple relocks after the release. Ripple Unlocks 1 Billion $XRP Through Monthly Escrow Process Ripple unlocked 1 billion ...
Key Highlights XRP posted its strongest third-quarter performance since 2022 with a +48.1% return, closing at $1.54 and erasing first-half losses. Historical CryptoRank data shows October is statistically XRP’s worst month, averaging a -5.14% return with the token closing lower in both 2024 and 2025. Analysts warn the futures market is overloaded with leverage, making ...
Key Highlights Evernorth plans a community-focused campaign ahead of its proposed Nasdaq listing under ticker XRPN, featuring apparel, serialized storytelling, and a potential Times Square event. The campaign recognizes XRP community members who supported the ecosystem through the SEC lawsuit, citing attorney John Deaton’s submission of roughly 3,800 holder affidavits. The merger with Armada Acquisition ...
Key Highlights Veteran trader Peter Brandt reiterated his long-standing skepticism toward XRP, labeling it a “dumb coin” and questioning its tokenomics despite Ripple’s expanding bank partnerships. Brandt draws a sharp fundamental distinction between Bitcoin as a “store of value” and XRP as a transaction-focused asset, arguing utility alone does not drive token price appreciation. The ...
Key Highlights Ripple CEO Brad Garlinghouse proposes a simple five-year “buy and hold” strategy focusing on the top five cryptocurrencies by market capitalization: Bitcoin, Ethereum, Tether, BNB, and XRP. Garlinghouse emphasizes he is not an “XRP maximalist,” reveals he personally holds a small amount of Solana, and argues different blockchain projects can succeed simultaneously without ...
Key Highlights Spot XRP ETFs have attracted roughly $1.75 billion in cumulative net inflows across 10 consecutive positive weeks, with new filings from T. Rowe Price and Exchange Listed Funds Trust signaling expanding institutional appetite. Whales accumulated over 1.54 billion XRP tokens in approximately 96 hours following the CLARITY Act’s failure, viewing the resulting pullback ...
Key Highlights XRP plunged 8.18% in 24 hours after a failed breakout above $1.65, triggering a 1,522% long-liquidation imbalance totaling $29.54 million. The selloff coincided with broader crypto market declines driven by surging Treasury yields and renewed Federal Reserve rate-hike expectations. On-chain data from Santiment shows XRP’s 365-day MVRV at -11.75%, signaling long-term holders remain ...
Key Highlights Bitcoin’s share of US banks’ cryptocurrency exposure dropped sharply from 75.8% to 44.2%, according to new Basel Committee on Banking Supervision data cited by Ledger Insights. Ethereum’s allocation surged to 38.5%, while Solana (7.8%) and XRP (5.6%) entered bank portfolios as notable holdings. Client-driven crypto transaction volumes at American banks jumped 93% to ...
Key Highlights Coinbase Markets data shows XRP one-week call/put implied volatility skew hit 9.3 volatility points, placing it in the top 5% of readings over the past year, signaling heightened bullish derivative demand. XRP futures open interest surged to $4.1 billion, with CME Group overtaking Binance as the leading venue, indicating growing institutional participation in ...
Key Highlights XRP ETFs recorded their strongest single-day inflows since September began, with over $20 million flowing into the market during the latest trading session. Bitwise dominated the inflows, purchasing $19.17 million worth of XRP in one day — its largest acquisition in recent months — bringing its total XRP holdings to approximately $615 million ...
Key Highlights Binance XRP reserves recorded a net negative flow of approximately 102,912 tokens as outflows dropped 25.96% versus a 20.37% decline in inflows, signaling holders are moving supply off-exchange during the price rally. Whale inflows to Binance surged to 1.6 billion XRP over the prior 30 days—the highest since March—yet exchange reserves rose only ...