Ripple’s CTO David Schwartz has joined Evernorth, a new firm aiming to unlock XRP’s potential through DeFi and capital markets. This strategic move is driving renewed interest in the cryptocurrency, with analysts anticipating XRP price movements to follow. 1 Billion dollar listing via SPAC on Nasdaq will position Evernorth as the largest public XRP treasury. Schwartz’s involvement signifies strong alignment between Ripple’s leadership and Evernorth’s institutional strategy. The firm plans to buy XRP on the open market and expand its DeFi ecosystem, leveraging funds from a $1 billion investment raised through a SPAC merger with Armada Acquisition Corp II, expected to list on Nasdaq under XRPN in early 2026. This move could impact price volatility as Evernorth aims to generate XRP demand for institutional investors seeking exposure without managing tokens directly. Experts are watching key levels around the $2.55 – $2.65 area for potential shifts in market direction, with sustained above-the-zone close potentially signaling a shift towards bullish momentum and stronger upside.