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XRP Primed for Explosive Rally as Ripple CTO Drops Game-Changing Update

XRP Primed for Explosive Rally as Ripple CTO Drops Game-Changing Update

Published:
2025-10-21 14:10:00
12
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XRP holders just got the signal they've been waiting for.

The Catalyst

Ripple's Chief Technology Officer drops bombshell development news—sending shockwaves through the XRP community. This isn't just another routine update; it's the kind of technical advancement that makes traders scramble to check their portfolios.

Market Reaction

Price charts already showing bullish momentum as whales position themselves ahead of the news. The timing couldn't be more perfect—just when traditional finance pundits were writing off crypto again.

Technical Breakout

All indicators pointing toward a massive rally in the making. Resistance levels crumbling as buying pressure builds. This could be the move that finally silences the XRP skeptics.

Because nothing says 'financial revolution' like watching bankers scramble to understand blockchain while counting their commission fees.

xrp price ripple coin david schwartz

Key Insights:

  • XRP price drew renewed interest after Ripple CTO David Schwartz joined Evernorth,
  • Evernorth plans to debut in the US market through a $1 billion Nasdaq listing under XRPN.
  • Evernorth said it would use raised funds to buy XRP on the open market and expand its DeFi ecosystem.

XRP price hovered near the mid-$2 range after Ripple CTO David “JoelKatz” Schwartz announced his new role as strategic advisor to Evernorth.

The firm outlined a plan to list on Nasdaq through a $1 billion SPAC transaction aimed at creating the largest institutional XRP treasury.

Analysts said XRP remained in a tight range as traders assessed both the new corporate developments and key resistance NEAR $2.55–$2.65.

XRP Price Eyes Rally as Ripple CTO Joins Evernorth

At press time, xrp price hovered near the mid-$2 range after Ripple CTO David “JoelKatz” Schwartz revealed he had joined Evernorth as a strategic advisor.

In a post on X, Schwartz said Evernorth was created as a “regulated, scalable investment vehicle” designed to unlock XRP opportunities in DeFi and capital markets. He added that he was “excited to get started” with the initiative.

Evernorth said it entered a merger agreement with Armada Acquisition Corp II to go public on Nasdaq under the ticker XRPN.

The transaction, expected to close in the first quarter of 2026, aimed to raise over $1 billion in gross proceeds to fund the firm’s plan for institutional XRP accumulation and ecosystem development.

Schwartz’s involvement marked the latest sign of close alignment between Ripple leadership and Evernorth’s new institutional strategy.

Analysts said the timing of the announcement, combined with upcoming listing plans, helped renew interest in the XRP price, which remained inside a consolidation band following recent volatility.

XRP News: Ripple CTO Joins Evernorth | Source: David Schwartz, X

XRP News: Ripple CTO Joins Evernorth | Source: David Schwartz, X

Evernorth’s Nasdaq Plan: Impact on XRP Price

Evernorth described its SPAC transaction as a route to list on Nasdaq under XRPN, creating what it called the largest public XRP treasury.

The combined company targeted a first-quarter 2026 closing, pending shareholder approval and regulatory review.

The firm said net proceeds WOULD be used to buy XRP on the open market, positioning the treasury as a liquid vehicle for institutional investors seeking XRP exposure without managing tokens directly.

Investors included Ripple, Rippleworks, Pantera Capital, Kraken, GSR, and SBI Holdings, which committed about $200 million.

Ripple co-founder Chris Larsen also joined the investment round, and former Ripple executive Asheesh Birla was appointed CEO.

Evernorth said its long-term goal was to grow “XRP per share” through programs such as institutional lending, market-making, and decentralized-finance (DeFi) yield strategies.

The firm planned to operate validator nodes on the XRP Ledger and integrate Ripple’s RLUSD stablecoin as a bridge for DeFi participation.

Stablecoins like RLUSD, pegged to the US dollar, help reduce volatility when moving funds between protocols or providing collateral.

Analysts said these steps could expand use cases for XRP and make DeFi participation more accessible to institutional players.

If Evernorth executed steady open-market purchases and launched liquidity programs as planned, the initiatives could introduce consistent demand and gradually tighten available supply.

However, the overall market impact would depend on the pace of accumulation, custody design, and risk-management controls.

Evernorth Bets on XRP Price | Source: Asheesh Birla, X

Evernorth Bets on XRP price | Source: Asheesh Birla, X

XRP Price: Key Levels to Watch Ahead

Market analysis showed the XRP price consolidating within a band near $2.55 to $2.65. Analysts said this area represented a supply zone where sellers previously dominated, while buyers now tried to reclaim ground.

A sustained close above $2.65 could confirm a structural shift and FORM a base for renewed upside.

Analysts said defending $2.55 as support would signal that buyers were absorbing available supply and improving market stability.

If volume increased and the zone flipped into support, it could open room toward higher resistance targets.

Conversely, repeated rejection could prolong sideways movement until new catalysts emerged.

At press time, momentum indicators suggested consolidation, with broader sentiment across digital assets stabilizing after recent declines.

Traders continued to monitor the XRP price reaction around the $2.55–$2.65 region for clues on near-term direction.

XRP Price Analysis | Source: EGRAG CRYPTO, X

XRP Price Analysis | Source: EGRAG CRYPTO, X

What Lies Ahead for Ripple Coin Price?

Analysts expect Evernorth’s SPAC deal and treasury rollout to remain major factors for the XRP price in 2025.

The company’s open-market purchase strategy could influence liquidity conditions, depending on execution speed and market depth.

Institutional lending and DeFi programs might also impact supply dynamics by locking tokens into yield-generating mechanisms or liquidity pools.

These actions could temporarily reduce circulating float, though the magnitude would depend on total capital deployed.

Ripple’s RLUSD integration was another point to watch. By enabling dollar-denominated transactions within the XRP Ledger’s DeFi ecosystem, it could lower friction for institutional participants.

Validator operations would strengthen network participation but were not expected to directly affect prices.

Analysts said visible alignment between Ripple’s leadership and Evernorth’s capital plans underscored how corporate initiatives continued to shape XRP’s evolving market structure.

At press time, the Ripple Coin price remained near the mid-$2 range, with analysts saying the ability to hold above $2.55 could determine whether the token entered a more sustained recovery phase.

If Evernorth’s public listing advanced as scheduled and institutional buying followed, it could provide a fundamental backdrop for stronger demand into 2026.

|Square

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