Evernorth has revised its private placement terms to tie the number of shares issued at closing to the market value of XRP, replacing the previous fixed reference price of $2.36. This change, agreed upon by over 95% of investors including major backers like Ripple and Pantera Capital, aims to better reflect the value of Evernorth's XRP holdings in its capital structure. The revised terms could reduce the total shares issued if XRP's price is favorable, increasing the XRP exposure per share. The merger with Armada Acquisition Corp. II is expected to close in late Q3 or early Q4 2026, pending SEC approval and standard conditions, with Evernorth maintaining its XRP treasury strategy unchanged.
Ripple co-founder Chris Larsen highlighted XRP's longevity and strong community as key factors that help it stay relevant over time, sparking renewed debate on whether XRP could eventually overtake Bitcoin. Larsen emphasized XRP's decade-long presenc...
Peter Brandt, a well-known market analyst, has projected that XRP could eventually reach $5.40, implying a potential 265% increase from its current price of around $1.53. This forecast is based on a long-term chart analysis showing XRP's descending r...
On September 11, large XRP holders moved over $165 million worth of tokens off major exchanges like Binance, Bybit, and OKX, marking the largest daily withdrawal since February. Binance led withdrawals with 85.4 million XRP (~$115 million), but also ...
The cryptocurrency market briefly surpassed a $3 trillion valuation, driven by Bitcoin reaching around $86,000, its highest since late January. Major altcoins like DOGE, XRP, and Solana also saw significant gains, while nearly $920 million in short p...
The total cryptocurrency market capitalization surpassed $3 trillion on September 22, 2026, fueled by a U.S. Treasury move to expand long-dated bond buybacks and nearly $1 billion in Bitcoin ETF inflows. Bitcoin led the rally, reaching nearly $87,000...
