All Time High
XRP Hits Wall Street
Evernorth Holdings, a company formed by merging Armada Acquisition Corp. II with XRPN, began trading on October 12. XRPN, the company's stock, peaked at $19.39 and settled around $17.49. The company raised over $1 billion in funding, including support from notable investors like Ripple and Kraken. Despite the initial success, XRP remains under pressure, trading 46% lower than a year ago, affecting investors in the newly public company.