XRP Rebounds Past $1.50 Following Reported Shareholder Approval for Evernorth Merger

Key Facts

1XRP price recovered above $1.50 following reports that shareholders voted in favor of Evernorth's merger with Armada Acquisition Corp. II.

2The merger is intended to facilitate the Nasdaq listing of the Ripple-backed company Evernorth.

XRP price recovered above $1.50 following reports from crypto.news that shareholders voted in favor of Evernorth's merger with Armada Acquisition Corp. II. The merger is intended to facilitate the Nasdaq listing of the Ripple-backed company Evernorth, a move viewed as a fundamental catalyst for the XRP ecosystem.

NDAQ closed at $91.85 on September 29, 2026, while XRPN closed at $12.90 on the same date. According to reports, XRP traded around $1.51, up approximately 1.89%, as news of the vote circulated, following intraday volatility that saw the token dip below $1.47 before the recovery.