XRP
Evernorth announces SPAC deal for $1 billion XRP treasury
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Evernorth Holdings, a newly formed Nevada company, has signed a business combination agreement with Armada Acquisition Corp II to go public on Nasdaq under the ticker XRPN. The deal aims to raise over $1 billion, primarily to purchase XRP on the open market and build the largest public XRP treasury. Backed by investors including Ripple and Kraken, Evernorth plans an active strategy involving lending, liquidity provision, and DeFi yields to grow XRP holdings.
Bitwise analyst forecasts rapid $1 billion growth for XRP ETF
Matt Hougan, chief investment officer at Bitwise, predicts that an XRP exchange-traded fund will easily reach $1 billion in assets within its first few months. He attributes this to the passionate 'XRP Army' community, despite bearish views from crypto insiders. Currently, about 20 XRP ETF filings are pending with the US Securities and Exchange Commission.
XRP cryptocurrency faces potential price correction
Despite a 355% gain over the past year, XRP is trading at $2.50 and may be overvalued, according to analysts. The recent surge followed U.S. election results and the dismissal of a long-running SEC lawsuit, but regulatory uncertainties persist. Expectations for broader adoption in global payments remain tempered by market realities.
Ripple acquires GTreasury for $1 billion in corporate treasury push
Ripple Labs announced on October 16, 2025, the acquisition of cloud-based treasury management platform GTreasury for $1 billion. The deal aims to integrate Ripple's cryptocurrency solutions, including XRP, into mainstream corporate finance workflows.
Crypto market rebounds as MAGACOIN FINANCE presale surpasses $15.5 million
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The cryptocurrency market has seen a strong rebound this week, with Bitcoin recovering to $123,000 and altcoins like XRP gaining momentum. Retail investors are increasingly flocking to the MAGACOIN FINANCE presale, which has raised over $15.5 million. This surge highlights shifting investor sentiment toward high-growth opportunities in the final quarter of 2025.
XRP and Solana options show bullish signals as bitcoin and ether lag
Options trading for XRP and Solana flashed renewed bullish sentiment following a market crash, contrasting with persistent gloom in bitcoin and ether. The 25-delta risk reversal gauge turned positive for XRP and SOL across near-term expiries on Deribit. This shift highlights diverging trader expectations in the cryptocurrency market.
Expert warns XRP supply may shrink from institutional holding
A market expert has cautioned that XRP's circulating supply could diminish as institutions and businesses increasingly hold the token for strategic purposes. This trend is driven by large investment funds and Ripple's recent acquisitions aimed at integrating XRP into corporate finance. On-chain data indicates a gradual shift toward long-term storage, potentially impacting market liquidity.