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

October 12 is shaping up as an important day for Ripple’s cross-border token as Evernorth begins trading on Nasdaq with a treasury of roughly 473 million tokens. Meanwhile, analysts are watching whether the asset can stabilize around $1.40 and reclaim the next key level at $1.50 before it can aim at even higher targets. CryptoPotato reported over the weekend that Evernorth officially completed its business combination with Armada Acquisition Corp. II on Friday, clearing the way for XRPN to begin trading on Nasdaq today, October 12.