XRP Ends Q3 With 48% Gain After Armada-Evernorth Merger Approval
- —XRP rose 1.89% to $1.51 after Armada shareholders approved the Evernorth merger
- —The deal involves more than 473 million XRP; the merged company will trade on Nasdaq as XRPN
- —XRP gained 48% in Q3 2026, its best third quarter in four years
- —Exchange balances fell from 12.9 billion to 11 billion XRP since April
Why it matters: The approval creates a large publicly traded XRP treasury, while shrinking exchange balances tighten available supply.
Source: CoinCentral