[LIVE] XRP Price Tracker, October 21: Live News and Price Updates for Ripple’s XRP As $1B Evernorth Raise Sparks Excitement

XRP is trading at $2.48 as of October 21 2025 gaining 4.15% in the past 24 hours as the cryptocurrency recovers from recent volatility while the market digests a landmark institutional ￰0￱ October 20 Ripple-backed Evernorth Holdings announced a business combination with SPAC Armada Acquisition Corp II to create the world’s first publicly traded XRP treasury company

raising over $1 billion and positioning to trade on Nasdaq under ticker symbol “XRPN” in Q1 ￰1￱ represents a watershed moment for XRP—similar to MicroStrategy’s Bitcoin treasury strategy—as major institutional investors including SBI Holdings ($200 million) Pantera Capital Kraken

and Ripple co-founder Chris Larsen ($120 million in XRP) commit capital to accumulate XRP through open-market purchases creating sustained institutional buying pressure that could significantly impact supply ￰2￱ informed with the latest price movements breaking news

and market analysis—follow this live blog for real-time updates throughout the ￰3￱ Price Tracker Today October 21: Live News and Price Updates