XRP faces three major catalysts, but price barely reacts
- —Evernorth to begin Nasdaq trading as XRPN on October 8, deal closes October 7
- —Evernorth expects to hold about 473 million XRP and raise roughly $300 million
- —PermissionDelegationV1_1 and BatchV1_1 could activate October 8-9 if validators back them
- —Binance XRP open interest at $516.6 million, far below $1.3 billion a year earlier
Why it matters: The listing and upgrades improve institutional access to XRP, but without fresh demand and rising open interest the price reaction may stay muted.
Source: Invezz