Markets· ★★★· bearish·

XRP Wipes Out $61 Billion in Market Value a Year After Wall Street's Biggest XRP Treasury Plan

  • —XRP market cap fell from $143.38 billion to $82.27 billion over 12 months
  • —Evernorth holds 473 million XRP; the $1 billion plan was announced a year ago
  • —XRP open interest rose 17% in 24 hours to $13.53 billion
  • —XRP bottomed near $1 in June 2026, then rallied 43% in Q3
Why it matters: The one-year performance shows institutional treasury plans have yet to support XRP's price, despite rising derivatives activity.
#XRP
Source: Finbold
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