XRP Soars as Evernorth Snaps Up $1B XRP Ahead of Nasdaq Listing

XRP rockets upward as healthcare giant Evernorth makes massive crypto move

The Institutional Floodgates Open

Evernorth just dropped a billion-dollar bet on XRP—sending shockwaves through crypto markets. This healthcare titan's massive acquisition positions them perfectly before Nasdaq's anticipated XRP listing.

Market Momentum Builds

Traders are scrambling as XRP gains serious traction. The timing couldn't be more strategic—getting in before traditional finance fully wakes up to crypto's potential. Wall Street's still figuring out blockchain while the smart money moves.

Another day, another institution realizing digital assets beat watching their cash evaporate through inflation.

TLDR

• The XRP price is exhibiting a bullish pattern similar to its 2017 breakout, with analysts predicting a potential surge beyond $10.
• Evernorth has acquired $1 billion worth of XRP tokens, signaling growing institutional confidence in Ripple’s ecosystem.
• XRP price has bounced from key support levels, establishing a higher low pattern and suggesting a trend reversal.
• The recent MACD bullish crossover and rising RSI indicate increasing buying pressure, reinforcing a positive outlook for XRP price.
• Evernorth’s $1B purchase comes after XRP’s 355% annual gain, highlighting the asset’s strengthening position in the market.

The broader crypto market has regained optimism, with increasing focus on the XRP price. Analysts have highlighted the similarities between XRP’s current chart and its 2017 breakout pattern. Ripple-backed Evernorth recently acquired $1 billion worth of XRP, bolstering confidence in the cryptocurrency.

XRP Price Shows Bullish Pattern Resembling 2017 Breakout

Analysts have observed a strong resemblance between XRP’s current price movement and its 2017 breakout cycle. They point out that the chart now mirrors the two-wave breakout pattern from that year. This structure suggests a potential continuation setup, which could propel the xrp price beyond $10 if confirmed.

$XRP history doesn’t repeat, but it rhymes.

After its major trend breakout in 2017, XRP initiated a two stage parabolic run, Wave 1st, followed by Re-accumulation, and then Wave 2nd.

Today, the picture looks surprisingly similar.
Some cycles don't just repeat…they are reborn. pic.twitter.com/iZxcHgPu8b

— EᴛʜᴇʀNᴀꜱʏᴏɴᴀL 💹🧲 (@EtherNasyonaL) October 24, 2025

The analyst further notes that XRP’s first wave appears to be complete, followed by a re-accumulation phase. In this phase, buyers are gradually overpowering short-term sellers, leading to a more solid foundation for price growth. Between the price range of $2.20 and $2.60, weak hands have exited, while long-term buyers continue to accumulate.

As the market rebounds from this zone, growing buying pressure is evident. Each upward movement reflects a tighter supply and greater conviction among buyers. These signs suggest the preparation phase for a breakout, similar to what occurred in 2017.

XRP Breaks Key Levels, Sets Up for Potential Surge

At the time of writing, the XRP price stands at $2.64, edging closer to the upper boundary of its descending channel. This movement follows a decisive bounce from the lower boundary, forming a higher low pattern. This is a technical signal often associated with trend reversal.

Around $2.28, buying pressure has emerged consistently, supporting the recent rebound. This level now serves as a demand base, helping to stabilize the price. As the price approaches $2.40, sellers attempt to cap the upside, but buying pressure remains strong.

At $3.13, analysts expect a potential liquidity pocket where profit-taking may occur. However, the strong buy orders could turn this level into a new base if bullish momentum continues. The MACD’s bullish crossover confirms that buying volume outweighs selling pressure, supporting the positive outlook for XRP price.

Evernorth Acquires $1B in XRP, Reinforcing Institutional Confidence

Evernorth Holdings, backed by Ripple, recently acquired 388.7 million XRP tokens worth over $1 billion. This transaction took place between October 20 and 27, 2025. With this acquisition, Evernorth has nearly reached its acquisition target, owning 95% of the planned XRP tokens.

This large-scale acquisition follows XRP’s 355% annual gain after the SEC dismissed its lawsuit against Ripple Labs. The timing of Evernorth’s purchase demonstrates increasing institutional interest in XRP. The acquisition further solidifies trust in Ripple’s ecosystem and the potential for continued growth.

As Evernorth prepares for its Nasdaq debut, the purchase strengthens XRP’s credibility in the market. Institutional demand is playing a key role in shaping the direction of XRP. This growing interest from corporate entities signals a decisive vote of confidence in XRP’s long-term prospects.