Ripple and XRP Weekly Wrap: Evernorth Nasdaq Debut, RLUSD Partnerships, Price Slump
- —Evernorth debuted on Nasdaq on Oct. 12, opening near $16.7 and closing Friday at $15.45
- —Standard Chartered launched institutional custody for RLUSD via its DIFC branch in Dubai
- —Cross River will integrate RLUSD and XRP Ledger settlement into its banking infrastructure
- —XRP slid to $1.27 in a flash crash, with analysts eyeing $1.25 as a buying zone
Why it matters: Institutional rails around XRP keep expanding, but the token isn't reacting — the market wants proof of real RLUSD demand.
Source: CryptoPotato