XRP trades around $1.34 with little price movement after Evernorth, holding 473 million XRP worth about $657 million, began trading on Nasdaq. The listing did not create new buying pressure since the tokens were acquired before trading started. Evernorth's cash reserves could enable future XRP purchases, but no such plans have been announced. For investors, tax implications differ between holding XRP coins directly and owning Evernorth shares, especially in Germany. The market remains range-bound between $1.2827 and $1.3521, with no clear price breakout yet.
The XRP forecast and Evernorth treasury are the subjects of this update. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Oct 16, 2026 22:02 WIB: out of 50 major cryptocurrencies priced on Pluang, 41 rose and 8 fell. Notable movers include XNO (Nano) at Rp6.302 with a 1-day change of +9.03%, EOS (EOS.IO) at Rp12.649 with +8.13%, and MANA (Decentraland) at Rp1.622 with +6.15%.
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