This year’s plan is to DCA and “buy the dip” in 4 coins: XRP, AAVE, UNI, ENA
On August 28, the US spot XRP ETF saw net inflows of $26.2 million, marking the 9th consecutive trading day with positive capital flows.
From August 24 to 28, total inflows for the week amounted to $110.49 million—this is the strongest week for the XRP spot ETF since 2026.
At the same time, however, XRP has continued to fall from around $1.66 and is now down to roughly $1.35.
ETF buying is ongoing, but the price isn’t rising in tandem, which suggests the ETF capital is getting absorbed while profit-taking sellers are also offloading.
It’s even possible that the ETF is creating new demand that’s providing exit liquidity for earlier profit-takers.
Another piece of news comes from Evernorth: the SEC has declared the effectiveness of its S-4 registration statement related to the merger with Armada Acquisition Corp. II.
Next, Armada shareholders will vote on September 30. If the deal is approved, successfully completed, and meets Nasdaq listing requirements, the merged company is expected to list on Nasdaq under the stock symbol:
XRPN.
Evernorth is expected to hold at least:
473,276,430 XRP at the time of listing.
At $1.35, that’s worth approximately $639 million.
This portion of XRP is about:
🔹0.473% of XRP’s total supply
🔹approximately 0.75% of the current circulating supply
The significance of Evernorth is that it adds a stock-market gateway to the XRP ecosystem. It’s a bit like holding BTC via Strategy, or holding ETH via BitMine.
US stock investors don’t need to hold tokens directly; they can indirectly gain XRP exposure through a publicly listed company.
Evernorth is not planning to simply hoard coins.
It plans to increase the amount of XRP represented per share through institutional lending/borrowing, liquidity provision, on-chain yield strategies, and capital-market operations.
This brings potential returns, but it also increases corporate governance complexity, strategy execution risk, valuation premium factors, and counterparty risk.
On August 28, the US spot XRP ETF saw net inflows of $26.2 million, marking the 9th consecutive trading day with positive capital flows.
From August 24 to 28, total inflows for the week amounted to $110.49 million—this is the strongest week for the XRP spot ETF since 2026.
At the same time, however, XRP has continued to fall from around $1.66 and is now down to roughly $1.35.
ETF buying is ongoing, but the price isn’t rising in tandem, which suggests the ETF capital is getting absorbed while profit-taking sellers are also offloading.
It’s even possible that the ETF is creating new demand that’s providing exit liquidity for earlier profit-takers.
Another piece of news comes from Evernorth: the SEC has declared the effectiveness of its S-4 registration statement related to the merger with Armada Acquisition Corp. II.
Next, Armada shareholders will vote on September 30. If the deal is approved, successfully completed, and meets Nasdaq listing requirements, the merged company is expected to list on Nasdaq under the stock symbol:
XRPN.
Evernorth is expected to hold at least:
473,276,430 XRP at the time of listing.
At $1.35, that’s worth approximately $639 million.
This portion of XRP is about:
🔹0.473% of XRP’s total supply
🔹approximately 0.75% of the current circulating supply
The significance of Evernorth is that it adds a stock-market gateway to the XRP ecosystem. It’s a bit like holding BTC via Strategy, or holding ETH via BitMine.
US stock investors don’t need to hold tokens directly; they can indirectly gain XRP exposure through a publicly listed company.
Evernorth is not planning to simply hoard coins.
It plans to increase the amount of XRP represented per share through institutional lending/borrowing, liquidity provision, on-chain yield strategies, and capital-market operations.
This brings potential returns, but it also increases corporate governance complexity, strategy execution risk, valuation premium factors, and counterparty risk.
