Evernorth, a company backed by Ripple, SBI Group, Pantera Capital, and Kraken, will list on Nasdaq on October 8, 2026 under ticker XRPN with 473 million XRP in treasury, the largest legally held XRP pool among publicly traded companies worldwide. This listing, resulting from a merger with SPAC Armada II that attracted over $1 billion in combined investments, will remove large volumes of tokens from circulation to deploy in an active DeFi treasury. XRP is currently trading around $1.50, squeezed between support at $1.26-$1.45 and technical resistance near $1.63, against a historically favorable backdrop: the fourth quarter shows average returns of +80.2% in November and +63.1% in December.
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