XRP Faces a Major October 12 Catalyst as Evernorth Debuts on Nasdaq

🚀 Evernorth begins trading on Nasdaq on October 12, holding approximately 473 million XRP and $300 million in cash, marking a significant milestone for the token's institutional adoption.

📈 Analysts are closely monitoring XRP's price, with a critical resistance level at $1.50; reclaiming this could trigger a rally towards new local peaks.

💡 Evernorth plans to actively manage its XRP treasury, focusing on institutional yield strategies and other activities within the XRP ecosystem, rather than just holding the token.