XRP in the spotlight: latest news

Evernorth is in the process of raising over $1 billion to acquire XRP, with financial backing from Ripple and support from its executives.

Ripple's XRP-USD has bounced back to $2.46, fueled by significant whale accumulation and growing speculation around an ETF. Additionally, Ripple's recent $1 billion treasury buyback has contributed to this upward momentum.

MoonBull ($MOBU) has emerged as the top cryptocurrency to purchase this week, offering 15% referral rewards and surpassing Ripple (XRP) and Hyperliquid (HYPE) in the October 2025 rankings.

Evernorth, supported by Ripple and SBI, is planning to go public through a $1 billion SPAC merger. This strategy aims to accelerate the adoption of XRP and increase institutional exposure to the digital asset market.

A firm that primarily holds the cryptocurrency XRP, associated with the Ripple payment network, is preparing to go public through a special purpose acquisition company (SPAC) and aims to raise over $1 billion.

Ripple's acquisition of GTreasury and its partnership with Absa have enhanced XRP's attractiveness to institutional investors as market sentiment shifts toward a bullish outlook.

Amazon.com Inc. is facing connectivity issues that are impacting its cloud computing services. Meanwhile, the Federal authorities are investigating Waymo, the self-driving vehicle company. Additionally, a Ripple-backed company is preparing to go public.

XRP is entering a new phase of growth as Ripple is reportedly spearheading a $1 billion initiative to establish a digital asset treasury, bolstered by partnerships with major banks.

Evernorth Holdings has announced a SPAC agreement with Armada Acquisition Corp II, planning to go public on Nasdaq under the ticker XRPN, pending regulatory approvals. The initiative aims to create a treasury valued at over $1 billion for XRP.

Ripple executives and prominent figures in the cryptocurrency space are supporting a $1 billion SPAC named Evernorth, aiming to establish the largest public treasury of XRP. Currently, XRP ranks as the fifth-largest cryptocurrency, boasting a market cap of nearly $150 billion and a fully diluted valuation of $246 billion.

Evernorth Holdings Inc. plans to go public, aiming to generate over $1 billion in gross proceeds. This transaction will establish the largest public treasury company for XRP.

Ripple is expanding its presence in mainstream finance, although the purpose of its most valuable asset, XRP, remains ambiguous. For over ten years, the company has accumulated significant amounts of XRP, frequently selling portions of it in the market.

Ripple's $1 billion acquisition of GTreasury enhances its role in treasury management and extends its influence beyond traditional payment services. This move has contributed to an increase in the value of XRP.

Ripple's XRP price has the potential to reach $5 by 2025, driven by the upcoming Remittix platform, which aims to revive interest in payment tokens.

XRP institutional investors have increasingly shifted towards long-term holdings since the beginning of the year, with inflows nearing $2 billion as market activity is heavily influenced by large holders.

Experts are highlighting a new cryptocurrency that they believe could be the next Ripple (XRP). The article provides guidance on how to purchase this token, emphasizing the importance of conducting personal research before making any investment decisions.

The XRP community engaged in a lively debate over the weekend, discussing whether the cryptocurrency and its underlying ledger should be evaluated exclusively in relation to Ripple.