Evernorth Holdings, preparing for its Nasdaq listing under the ticker XRPN, disclosed executive pay with 50% target bonuses and multimillion-dollar equity awards. Despite a $38 million impairment loss due to XRP price drops, the company holds 473 million XRP tokens valued at $640 million and is backed by major investors like Ripple and SBI Holdings. The listing aims to offer a regulated entry point into the XRP ecosystem, with management committed to long-term growth despite current market pressures.
Bitcoin and Ethereum saw modest price increases while their combined market dominance slightly declined, signaling a potential rotation of capital into major altcoins like BNB, Solana, and XRP. Despite a cautious market tone and a drop in derivatives...
Whale transfers of XRP on Binance have sharply declined, with inflows dropping to about 3.6 million XRP monthly, the lowest on record. This reduction in large transactions has eased selling pressure, helping XRP hold above $1.04 despite a 72% drop fr...
XRP and Solana spot ETFs attracted modest net inflows, signaling selective investor interest in these altcoins despite a broader market slowdown. XRP ETFs gained nearly $6 million over two sessions, with significant assets under management representi...
XRP's price remains range-bound due to a sharp drop in large whale transfers and Binance inflows, signaling reduced selling pressure but also weak buying demand. Large holders appear to be preserving liquidity rather than actively accumulating or dis...
Ripple has expanded its RLUSD stablecoin listings to South Korea's four largest cryptocurrency exchanges: Upbit, Bithumb, Coinone, and Korbit. This rollout provides direct access to the Korean won (KRW) market, increasing RLUSD's availability to a la...
