Markets
Ripple-Backed Evernorth Secures Major Deal Ahead of Nasdaq Listing: Why Is XRP Price Still Down?
U.Today·October 10, 2026·1 min read
Evernorth, backed by Ripple, completed its SPAC merger and is preparing to list on Nasdaq with approximately 473 million XRP and $300 million in cash proceeds. Despite this major deal, XRP's price continues to decline. The listing could boost XRP's visibility, but market sentiment remains bearish.
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