A HOT WEEK IS COMING FOR XRP.
October started very briskly, and the first week for XRP promises to be interesting. Several powerful events are scheduled at once, and they could strongly shake up the market.
Today in Seoul, an event is taking place focused on using the network in the financial sector. On October 7, the Evernorth acquisition deal will be completed, which should deepen work with institutions. The next day, October 8, we’re expecting the launch of XRPN on Nasdaq, and this sequence will be capped off by an update to the XRPL mainnet scheduled for October 9.
Given the steady inflow of money into spot ETFs and such a dense news backdrop, institutional demand could very well push the coin toward the $2.90 area.
It will be interesting to see how all of this plays out in practice.
$XRP
October started very briskly, and the first week for XRP promises to be interesting. Several powerful events are scheduled at once, and they could strongly shake up the market.
Today in Seoul, an event is taking place focused on using the network in the financial sector. On October 7, the Evernorth acquisition deal will be completed, which should deepen work with institutions. The next day, October 8, we’re expecting the launch of XRPN on Nasdaq, and this sequence will be capped off by an update to the XRPL mainnet scheduled for October 9.
Given the steady inflow of money into spot ETFs and such a dense news backdrop, institutional demand could very well push the coin toward the $2.90 area.
It will be interesting to see how all of this plays out in practice.
$XRP