XRP Treasury Company Evernorth Just Went Public on Nasdaq. Here's How It Could Impact the Price of XRP.
New digital asset treasury companies, no matter how big they become, are unlikely to boost the price of XRP.
Evernorth Holdings, the largest publicly traded XRP treasury company, went public on Nasdaq on Oct. 12, 2026. The company holds 473 million XRP, which could positively influence the price of XRP. However, the impact may be minimal as Evernorth's holdings are less than 1% of all XRP in circulation. The emergence of other smaller XRP treasury companies did not significantly impact market demand in the past.
Additionally, new spot XRP ETFs, launched at the end of 2026, have had little to no effect on XRP's price. To see a substantial increase in XRP's value, a different catalyst will be needed.
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