Markets· ★★★· bearish·

Ether drops to $2,614 as XRP and Solana slide ahead of Evernorth's Nasdaq debut

  • —Ether fell 3.3% to $2,614 after over $400 million in longs were liquidated
  • —XRP dropped 2.6% to $1.47; Solana slipped 1.5% to $118
  • —Dogecoin and Cardano led top-20 losses, down 5.3% and 5.7%
  • —Evernorth to debut on Nasdaq on October 8 with 473 million XRP in treasury
Why it matters: Evernorth's Nasdaq listing will test demand for XRP treasury companies and could set the tone for the broader altcoin market.
Source: Journal du Coin