XRP Price Tests $1.48 Support Following Evernorth Shareholder Approval of Treasury Deal

Key Facts

1XRP price slipped below $1.50 to test support levels near $1.48.

2Evernorth shareholders voted to approve a proposed 473 million XRP treasury deal.

XRP price slipped below the $1.50 threshold to test support levels near $1.48. According to crypto.news, this price action followed a vote by Evernorth shareholders to approve a proposed treasury deal involving 473 million XRP tokens.

The token experienced downward pressure, trading between $1.4744 and $1.5103 on October 1, 2026, marking a session decline of approximately 0.78%. The move comes as voting records confirmed 19.3 million votes in favor of the Evernorth business combination, which is expected to bring the company's treasury balance to at least 473.2 million XRP.