Pundit Says You’re Still Not Bullish Enough On XRP, Here’s Why

Crypto market watcher Stedas has said that many investors are still not bullish enough on XRP even with all the developments happening around the ￰0￱ a new post on X the popular pundit pointed to a project that could push the altcoin further into the ￰1￱ explained that the project which involves leading names connected to Ripple

shows how strong the long-term belief in XRP has ￰2￱ post has also started new conversations in the community about what this means for the future of the coin and its role in global ￰3￱ Points To XRP Treasury Company’s Massive $1.1 Billion Backing In his post titled “You are still not bullish enough on $XRP,” Stedas highlighted the rise of Evernorth a company that plans to manage over 560 million ￰4￱ to him this makes Evernorth the largest publicly listed XRP treasury company so ￰5￱ scale of the move indicates that major players are building serious projects around the altcoin

not just trading it for short-term ￰6￱ shared that Evernorth has raised $1.1 billion to support its operations and long-term ￰7￱ post explained that the funding includes $300 million from Ripple $200 million from SBI Holdings and another $645 million from institutional ￰8￱ Stedas this level of investment proves that XRP’s growth story is far from ￰9￱ suggested that many people might still be underestimating how large the ecosystem could become as more firms adopt it for payments and ￰10￱ point is that if so much institutional money is entering the space

then the general market sentiment might still be too ￰11￱ him this is a reason to be even more optimistic about its ￰12￱ Executives Join Evernorth As Advisors And Board Members Stedas also noted that Evernorth’s leadership team is full of key names from Ripple which adds another layer of strength to the ￰13￱ pointed out that Ripple’s CEO Brad Garlinghouse

and CTO David Schwartz are serving as strategic advisors for ￰14￱ are well-known figures in the crypto world and have been central to Ripple’s efforts to expand blockchain use in global ￰15￱ with them Asheesh Birla and Stu Alderoty both senior Ripple executives are part of Evernorth board of ￰16￱ experience gives the company strong connections to Ripple’s existing network and ￰17￱ mix of funding and leadership explains why Stedas believes the market is still not bullish enough on ￰18￱ support and direct involvement from top Ripple figures could make Evernorth one of the most essential XRP-related projects so ￰19￱ investors and community members

Stedas’ post could serve as a reminder that the cryptocurrency continues to attract primary backing from serious players and that the story may be just getting started.