[LIVE] XRP Price Tracker, October 21: Live News and Price Updates for Ripple’s XRP As $1B Evernorth Raise Sparks Excitement

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Ripple-backed firm announces $1B+ Nasdaq listing to create first publicly traded XRP treasury as six spot ETF applications await SEC approval with 95% odds.
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Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

XRP is trading at $2.48 as of October 21, 2025, gaining 4.15% in the past 24 hours as the cryptocurrency recovers from recent volatility while the market digests a landmark institutional development.

On October 20, Ripple-backed Evernorth Holdings announced a business combination with SPAC Armada Acquisition Corp II to create the world’s first publicly traded XRP treasury company, raising over $1 billion and positioning to trade on Nasdaq under ticker symbol “XRPN” in Q1 2026.

This represents a watershed moment for XRP—similar to MicroStrategy’s Bitcoin treasury strategy—as major institutional investors, including SBI Holdings ($200 million), Pantera Capital, Kraken, and Ripple co-founder Chris Larsen ($120 million in XRP), commit capital to accumulate XRP through open-market purchases, creating sustained institutional buying pressure that could significantly impact supply dynamics.

Stay informed with the latest price movements, breaking news, and market analysis—follow this live blog for real-time updates throughout the day.

XRP Price Tracker Today, October 21: Live News and Price Updates

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XRP
XRP
$2.10
0.42 %

2M+

Active Monthly Users Around the World

250+

Guides and Reviews Articles

8

Years on the Market

70

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