Big news for the $XRP ecosystem. Evernorth has officially completed its SPAC merger and is entering the public markets with approximately 473 million XRP in its treasury and around $300 million in gross cash proceeds. Its shares are expected to begin trading on Nasdaq on October 12 under the ticker $XRPN . This could open another route for traditional investors to gain exposure to XRP through a publicly traded company. But the real question is what comes next. Can Evernorth turn this massive XRP treasury into long-term growth and stronger utility for the ecosystem? Institutional access is growing, but the impact on $XRP price remains to be seen.