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TimesTabloid 2025-10-29 17:05:49

$1 Billion in XRP Today, Here’s What Just Happened

A silent but seismic shift just took place in the XRP ecosystem. While most traders watched prices stagnate, a strategic move worth nearly $1 billion unfolded behind the scenes—one that could redefine XRP’s institutional trajectory. Evernorth’s Massive XRP Accumulation Blockchain data confirmed that Evernorth Holdings, a Ripple-backed digital asset treasury company, has purchased about 388 million XRP tokens , worth roughly $1 billion. The on-chain transactions were tracked over the past 24 hours, revealing one of the largest single-entity XRP acquisitions in recent history. Evernorth’s strategy appears far from speculative. The firm is preparing for a Nasdaq SPAC listing, positioning itself as a major player in crypto-based treasury infrastructure. Its growing connection with Ripple adds another layer of significance, suggesting this purchase is part of a long-term liquidity and infrastructure plan rather than a short-term bet. Austin Hilton Breaks the News Crypto commentator Austin Hilton brought the story to light in a video shared on X, calling it “a big deal” for the XRP community. “Evernorth just bought one billion dollars’ worth of XRP,” Hilton said, emphasizing that the move aligns with Ripple’s broader acquisition and treasury-building push. XRP – $1,000,000,000 Today! pic.twitter.com/nkjn4s00h7 — Austin Hilton (@austinahilton) October 28, 2025 Hilton explained that while the news is massive, it may not reflect instantly on price action. “XRP isn’t moving right now because the entire crypto market is in the red,” he noted. His analysis highlights a familiar pattern in institutional activity—quiet accumulation while sentiment appears weak. Ripple’s Strategic Infrastructure Expansion Ripple’s focus continues to shift from speculation to systemic integration. The company’s recent expansions in treasury management , enterprise liquidity, and prime brokerage services are all part of a global payments framework built on XRP. The Evernorth acquisition fits neatly into that blueprint. By anchoring $1 billion in XRP within its corporate treasury, Evernorth strengthens Ripple’s liquidity network. It effectively sets the stage for institutional-grade settlement, stablecoin operations, and cross-border finance. Ripple’s goal, Hilton reminded, “isn’t just about token price—it’s about building a global financial engine.” We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Market Reaction and Political Undercurrents Despite the billion-dollar buy, XRP remains steady near $2.60, reflecting broader market hesitation. Traders are cautious ahead of the Trump–Xi summit, where global trade and crypto policy discussions could influence sentiment. Hilton also hinted at a political layer to Ripple’s momentum, noting that the company “is connected politically to the current administration.” Ripple’s confirmed donations to U.S. economic programs and its growing advisory influence within Washington strengthen its institutional footing. The Bigger Picture The $1 billion Evernorth acquisition underscores an accelerating shift toward institutional adoption of XRP. It represents confidence not in quick profits, but in the asset’s foundational role in future finance. As Evernorth moves toward its public debut, Ripple’s ecosystem gains a deeper, more strategic anchor. For the XRP community, the message is clear. While the market watches for short-term pumps, the real story is unfolding in corporate balance sheets. Or as Austin Hilton aptly put it, “Ripple is building infrastructure, not chasing price—and that’s how empires are made.” Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post $1 Billion in XRP Today, Here’s What Just Happened appeared first on Times Tabloid .

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