Will XRP Price Rally After XRPN Nasdaq Listing Today

XRP price hovered near $1.40 on Monday, with a potential bullish move in focus before Evernorth’s expected Nasdaq debut today. 

Bitcoin traded above $83,000, while Ethereum price held near $2,500 and cryptocurrency market capitalization totaled $2.81 trillion. Evernorth expects its shares to start trading Monday under XRPN, following an earlier administrative delay.

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XRPN Set to Bring Evernorth’s XRP Treasury to Public Markets

The XRP treasury company Evernorth expects to begin Nasdaq trading Monday, October 12, under the ticker XRPN. The company confirmed its merger with Armada Acquisition Corp. II closed on October 9.

Evernorth reported holdings of approximately 473 million XRP and roughly $300 million in gross cash proceeds before transaction expenses. The listing offers investors exposure to XRP through company shares available in brokerage accounts.

🚨 TOMORROW IS A HUGE DAY FOR AS $XRP HITS THE NASDAQ!

Evernorth will officially begin trading on the Nasdaq under $XRPN, bringing a massive treasury of 473 MILLION $XRP and $300 MILLION in cash to public markets!

The largest publicly traded XRP treasury is arriving on Wall Street. Institutional adoption is accelerating! 🔥

— ALLINCRYPTO (@RealAllinCrypto) October 11, 2026

Chief executive Asheesh Birla said Evernorth plans to fund infrastructure and applications supporting wider XRP use. The company also aims to increase XRP holdings per share through its treasury strategies.

Its investors include Ripple, SBI Group, Pantera Capital, Kraken and GSR, which participated in the financing. Evernorth expects to ring Nasdaq’s closing bell on October 14.

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XRP Price Eyes $1.50 as MACD Signals Early Momentum Recovery

The XRP price traded at $1.4160 on October 11, with its latest four-hour candle down 0.66%. The XRP price remained above the $1.40 support after recovering from the sharp decline recorded earlier this week.

The price of XRP faced initial resistance at $1.45, where a sustained four-hour close above that level could support further gains. A successful breakout would bring $1.50 into focus, matching another resistance level marked in the source

If XRP price reclaimed $1.50 and maintained momentum, the next potential target would be the previous trading region near $1.60. 

The MACD line stood at -0.0089, above its -0.0146 signal line, while the histogram remained positive at 0.0057.  The Chaikin Money Flow measured 0.03, slightly above zero, suggesting modest accumulation during the indicator’s 20-period window.

On the downside, a sustained move below $1.40 would weaken the recovery and expose the recent lows. 

XRP ETFs See No Net Inflows as Trading Hits $26.33 Million

The five XRP spot ETFs reported zero net flows on October 9, according to SoSoValue data. Total net assets stood at $1.57 billion, equivalent to 1.80% of XRP’s market capitalization.

Trading volume totaled $26.33 million, while net inflows since launch stood at $1.80 billion. Bitwise led with $581.33 million in assets, followed by Franklin’s $413.96 million and Canary’s $339.78 million.

XRP Options Volume Surges as Derivatives Activity Picks Up

The XRP derivatives market experienced more trading, with a volume of 3.71% to $1.51 billion. There was a 0.37% decline in open interest to $3.08 billion with only a little less exposure in open positions of the derivatives.

There was a significant rise in options trading, with options volume up 302.85% to $6.90 million. The available interest increased 2.35%. to 66.04 million, and this is on top of the substantial growth in volume of options.