Evernorth has agreed to issue $30 million in 4% convertible notes due 2031 to finance XRP purchases and ecosystem activities, contingent on its merger with Armada Acquisition Corp. II closing in Q4 2026. The proceeds will support Evernorth's strategy to build a public XRP treasury and expand its role in XRP's financial infrastructure, including liquidity provision and tokenized markets. The notes carry payment-in-kind interest and can be converted into Evernorth shares after one year post-merger. Shareholder approval of the merger is required before the financing can proceed, with the combined company expected to trade on Nasdaq under the ticker XRPN if successful.
XRP trades at Rp25.045 on Pluang as of Sep 19, 2026, 09:21 WIB, rising 8.17% in one day. Its market cap stands at Rp1.566,93 trillion with a 24-hour volume of Rp87,14 trillion. Buy orders dominate at 60%, and typical holding time is 71 days, showing active investor interest during this period.
The XRP Ledger recorded a new high of 858 million XRP transferred in a single day, approaching the significant milestone of 1 billion daily transactions. Although the current 30-day average stands at 674.5 million, this surge indicates growing adopti...
On October 8, the total cryptocurrency market capitalization dropped by 4.39% to $2.80 trillion, with Bitcoin falling 1.59% to $82,216. Other major coins also declined: Ether decreased 1.55% to $2,527, XRP fell 3.53% to $1.39, and Solana dropped near...
A debate has emerged between Ripple CTO Emeritus David Schwartz and Flare CEO Hugo Philion over the potential size of XRP Ledger lending, a new feature allowing users to lend and borrow assets directly on the blockchain. While validators are still vo...
Cardano (ADA) recently fell 10.68% after a post-quantitative-tightening pullback, trading between its 20-week and 50-week moving averages. Analyst Dan Gambardello notes this pattern resembles early 2020 before the COVID-19 crash but cautions the curr...
XRP is showing signs of a weekly recovery, trading around $1.41 and holding about 9% above its key support at $1.275. The price pattern suggests an inverse head-and-shoulders formation, with a potential breakout above $1.575 that could push XRP towar...
