Evernorth has agreed to issue $30 million in convertible senior PIK notes, but this financing will only be completed if its SPAC merger with Armada Acquisition Corp. closes successfully. This means the funds intended for purchasing XRP depend entirely on the completion of the merger deal. Investors should watch the progress of the SPAC transaction to understand when or if the XRP purchases will be funded.
XRP holds a market cap of Rp1.701,17 trillion on Pluang as of Oct 02, 2026 01:21 WIB, with a 24-hour trading volume of Rp50,9 trillion. The token's price is Rp26.945, showing a 0.63% increase in the last day. Buy orders dominate at 64%, and typical holders keep XRP for about 71 days, indicating steady investor interest during the pending Evernorth SPAC merger and XRP treasury funding.
XRP trader sentiment has dropped to its lowest level since mid-August, with bearish views dominating social media despite a recent price rally. Data from Santiment shows the positive-to-negative comment ratio for XRP has fallen to 0.67, indicating st...
Ripple completed its October escrow routine by locking 700 million XRP worth over $1.4 billion back into escrow wallets shortly after unlocking 1 billion XRP. This regular monthly process aims to maintain predictable XRP supply flows and manage circu...
XRP price slipped to around $1.48 following shareholder approval of Evernorth’s proposed 473 million XRP treasury deal, advancing the plan to list XRP on Nasdaq. Despite the dip, XRP remains above its 20-day moving average, signaling some support. An...
The XRP Ledger has surpassed 10 million AI agent payments via the x402 protocol, marking rapid adoption driven by the AI boom. Despite a $1 billion XRP escrow release and market volatility triggered by US Treasury yields and a strong dollar, XRP hold...
The XRP Ledger has processed over 10 million x402 payments, reaching this milestone less than three months after hitting its first million. The x402 protocol, launched by Coinbase, enables automated payments via HTTP requests, primarily used by AI ag...
