Evernorth’s XRP Holdings Surge Past $1 Billion, Driving Ripple Price Hike

Evernorth, a company focused on XRP, has reached a significant milestone as its XRP holdings surpassed $1 billion. This rapid growth is driving the price of XRP up by 4% today, following recent transfers from Ripple and increasing institutional interest in the cryptocurrency. 388.7 million XRP now constitute Evernorth’s substantial treasury, exceeding the $1 billion mark according to XRPScan data. A recent transfer of 126.8 million XRP from Ripple bolstered Evernorth’s reserves, contributing to this surge.