With the new XRP treasury firm Evernorth planning an IPO next year, a market expert has suggested that the resulting purchases could lead to an XRP supply shock.
Software engineer and XRP community figure Vincent Van Code made this assertion on Xwhilediscussing the potential impact of Evernorth’s emergence on XRP price direction.
Evernorth’s Decision to Purchase XRP
For context,Evernorth, a new Ripple-backed company, announcedon Oct.
20 that it wouldform a mergerwith Armada Acquisition Corp II, a special purpose acquisition company (SPAC) with the aim of going public under the “XRPN” ticker and raising $1 billion to create the largest XRP treasury.
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thecryptobasic_incontent_2
Notably, reports confirmed Ripple would contribute to the fundraiser alongside its co-founder Chris Larsen, but these contributions were all in XRP,andnot fiat.In fact,The Crypto Basicfound nine days laterthat Evernorth had already received $1 billion worth of XRP, but all contributions were in XRP, not fiat.
Expectedly, this raised questions about theimpact of the strategyon the XRP price.
For context, Evernorth raising fiat and leveraging the cash to purchase XRP on the open market could trigger massive buying pressure, contributing to bullish price movements.
However, the recent XRP-denominated contributions arenot capable of havingsuch an impact.
“You Haven’t Not Seen Supply Shock Yet”
Amidtheconcerns, XRP community figures have insisted thatthefundraisingfor procuringXRP on the open market wouldactually happenlater, possibly leading to the anticipated bullish impact.For one, SBI has already announced an investment of $300 million in cash, not XRP.
In hiscommentary, Vincent Van Code attempted to explain how Evernorth’s going public will impact XRP price.
He highlighted that the next step for the new company is to go public through an IPO.The firm has already confirmed this, setting Q1 2026fortheconclusion ofits merger.
According to Van Code, this IPO will likely raise billions of dollars for the company.He suggeststhatthey willleveragethis cashfor purchasingXRPin the open market.For context, such an event will possibly exert pressure on the existing XRP supply, which many experts believe is already declining.
In such a scenario, the most logical market response is a supply shock.“You haven’t seen supply shock yet,”Van Code teased, attempting to highlight the possible extent of the large-scale purchase.
According to him, the Evernorth development, which market commentator Nietzbux alreadybelieves is 100% bullish for XRP, and the launch of XRP ETFs could trigger an unprecedented supply shock in the XRP market.
However, Van Code admitted that he is not sure of the timeframe.
DisClamier:
With the new XRP treasury firm Evernorth planning an IPO next year, a market expert has suggested that the resulting purchases could lead to an XRP supply shock.
Software engineer and XRP community figure Vincent Van Code made this assertion on Xwhilediscussing the potential impact of Evernorth’s emergence on XRP price direction.
Evernorth’s Decision to Purchase XRP
For context,Evernorth, a new Ripple-backed company, announcedon Oct.
20 that it wouldform a mergerwith Armada Acquisition Corp II, a special purpose acquisition company (SPAC) with the aim of going public under the “XRPN” ticker and raising $1 billion to create the largest XRP treasury.
– Advertisement –Tag ID:
thecryptobasic_incontent_2
Notably, reports confirmed Ripple would contribute to the fundraiser alongside its co-founder Chris Larsen, but these contributions were all in XRP,andnot fiat.In fact,The Crypto Basicfound nine days laterthat Evernorth had already received $1 billion worth of XRP, but all contributions were in XRP, not fiat.
Expectedly, this raised questions about theimpact of the strategyon the XRP price.
For context, Evernorth raising fiat and leveraging the cash to purchase XRP on the open market could trigger massive buying pressure, contributing to bullish price movements.
However, the recent XRP-denominated contributions arenot capable of havingsuch an impact.
“You Haven’t Not Seen Supply Shock Yet”
Amidtheconcerns, XRP community figures have insisted thatthefundraisingfor procuringXRP on the open market wouldactually happenlater, possibly leading to the anticipated bullish impact.For one, SBI has already announced an investment of $300 million in cash, not XRP.
In hiscommentary, Vincent Van Code attempted to explain how Evernorth’s going public will impact XRP price.
He highlighted that the next step for the new company is to go public through an IPO.The firm has already confirmed this, setting Q1 2026fortheconclusion ofits merger.
According to Van Code, this IPO will likely raise billions of dollars for the company.He suggeststhatthey willleveragethis cashfor purchasingXRPin the open market.For context, such an event will possibly exert pressure on the existing XRP supply, which many experts believe is already declining.
In such a scenario, the most logical market response is a supply shock.“You haven’t seen supply shock yet,”Van Code teased, attempting to highlight the possible extent of the large-scale purchase.
According to him, the Evernorth development, which market commentator Nietzbux alreadybelieves is 100% bullish for XRP, and the launch of XRP ETFs could trigger an unprecedented supply shock in the XRP market.
However, Van Code admitted that he is not sure of the timeframe.
DisClamier:
With the new XRP treasury firm Evernorth planning an IPO next year, a market expert has suggested that the resulting purchases could lead to an XRP supply shock.
Software engineer and XRP community figure Vincent Van Code made this assertion on Xwhilediscussing the potential impact of Evernorth’s emergence on XRP price direction.
Evernorth’s Decision to Purchase XRP
For context,Evernorth, a new Ripple-backed company, announcedon Oct.
20 that it wouldform a mergerwith Armada Acquisition Corp II, a special purpose acquisition company (SPAC) with the aim of going public under the “XRPN” ticker and raising $1 billion to create the largest XRP treasury.
– Advertisement –Tag ID:
thecryptobasic_incontent_2
Notably, reports confirmed Ripple would contribute to the fundraiser alongside its co-founder Chris Larsen, but these contributions were all in XRP,andnot fiat.In fact,The Crypto Basicfound nine days laterthat Evernorth had already received $1 billion worth of XRP, but all contributions were in XRP, not fiat.
Expectedly, this raised questions about theimpact of the strategyon the XRP price.
For context, Evernorth raising fiat and leveraging the cash to purchase XRP on the open market could trigger massive buying pressure, contributing to bullish price movements.
However, the recent XRP-denominated contributions arenot capable of havingsuch an impact.
“You Haven’t Not Seen Supply Shock Yet”
Amidtheconcerns, XRP community figures have insisted thatthefundraisingfor procuringXRP on the open market wouldactually happenlater, possibly leading to the anticipated bullish impact.For one, SBI has already announced an investment of $300 million in cash, not XRP.
In hiscommentary, Vincent Van Code attempted to explain how Evernorth’s going public will impact XRP price.
He highlighted that the next step for the new company is to go public through an IPO.The firm has already confirmed this, setting Q1 2026fortheconclusion ofits merger.
According to Van Code, this IPO will likely raise billions of dollars for the company.He suggeststhatthey willleveragethis cashfor purchasingXRPin the open market.For context, such an event will possibly exert pressure on the existing XRP supply, which many experts believe is already declining.
In such a scenario, the most logical market response is a supply shock.“You haven’t seen supply shock yet,”Van Code teased, attempting to highlight the possible extent of the large-scale purchase.
According to him, the Evernorth development, which market commentator Nietzbux alreadybelieves is 100% bullish for XRP, and the launch of XRP ETFs could trigger an unprecedented supply shock in the XRP market.
However, Van Code admitted that he is not sure of the timeframe.
DisClamier:
With the new XRP treasury firm Evernorth planning an IPO next year, a market expert has suggested that the resulting purchases could lead to an XRP supply shock.
Software engineer and XRP community figure Vincent Van Code made this assertion on Xwhilediscussing the potential impact of Evernorth’s emergence on XRP price direction.
Evernorth’s Decision to Purchase XRP
For context,Evernorth, a new Ripple-backed company, announcedon Oct.
20 that it wouldform a mergerwith Armada Acquisition Corp II, a special purpose acquisition company (SPAC) with the aim of going public under the “XRPN” ticker and raising $1 billion to create the largest XRP treasury.
– Advertisement –Tag ID:
thecryptobasic_incontent_2
Notably, reports confirmed Ripple would contribute to the fundraiser alongside its co-founder Chris Larsen, but these contributions were all in XRP,andnot fiat.In fact,The Crypto Basicfound nine days laterthat Evernorth had already received $1 billion worth of XRP, but all contributions were in XRP, not fiat.
Expectedly, this raised questions about theimpact of the strategyon the XRP price.
For context, Evernorth raising fiat and leveraging the cash to purchase XRP on the open market could trigger massive buying pressure, contributing to bullish price movements.
However, the recent XRP-denominated contributions arenot capable of havingsuch an impact.
“You Haven’t Not Seen Supply Shock Yet”
Amidtheconcerns, XRP community figures have insisted thatthefundraisingfor procuringXRP on the open market wouldactually happenlater, possibly leading to the anticipated bullish impact.For one, SBI has already announced an investment of $300 million in cash, not XRP.
In hiscommentary, Vincent Van Code attempted to explain how Evernorth’s going public will impact XRP price.
He highlighted that the next step for the new company is to go public through an IPO.The firm has already confirmed this, setting Q1 2026fortheconclusion ofits merger.
According to Van Code, this IPO will likely raise billions of dollars for the company.He suggeststhatthey willleveragethis cashfor purchasingXRPin the open market.For context, such an event will possibly exert pressure on the existing XRP supply, which many experts believe is already declining.
In such a scenario, the most logical market response is a supply shock.“You haven’t seen supply shock yet,”Van Code teased, attempting to highlight the possible extent of the large-scale purchase.
According to him, the Evernorth development, which market commentator Nietzbux alreadybelieves is 100% bullish for XRP, and the launch of XRP ETFs could trigger an unprecedented supply shock in the XRP market.
However, Van Code admitted that he is not sure of the timeframe.
DisClamier:
With the new XRP treasury firm Evernorth planning an IPO next year, a market expert has suggested that the resulting purchases could lead to an XRP supply shock.
Software engineer and XRP community figure Vincent Van Code made this assertion on Xwhilediscussing the potential impact of Evernorth’s emergence on XRP price direction.
Evernorth’s Decision to Purchase XRP
For context,Evernorth, a new Ripple-backed company, announcedon Oct.
20 that it wouldform a mergerwith Armada Acquisition Corp II, a special purpose acquisition company (SPAC) with the aim of going public under the “XRPN” ticker and raising $1 billion to create the largest XRP treasury.
– Advertisement –Tag ID:
thecryptobasic_incontent_2
Notably, reports confirmed Ripple would contribute to the fundraiser alongside its co-founder Chris Larsen, but these contributions were all in XRP,andnot fiat.In fact,The Crypto Basicfound nine days laterthat Evernorth had already received $1 billion worth of XRP, but all contributions were in XRP, not fiat.
Expectedly, this raised questions about theimpact of the strategyon the XRP price.
For context, Evernorth raising fiat and leveraging the cash to purchase XRP on the open market could trigger massive buying pressure, contributing to bullish price movements.
However, the recent XRP-denominated contributions arenot capable of havingsuch an impact.
“You Haven’t Not Seen Supply Shock Yet”
Amidtheconcerns, XRP community figures have insisted thatthefundraisingfor procuringXRP on the open market wouldactually happenlater, possibly leading to the anticipated bullish impact.For one, SBI has already announced an investment of $300 million in cash, not XRP.
In hiscommentary, Vincent Van Code attempted to explain how Evernorth’s going public will impact XRP price.
He highlighted that the next step for the new company is to go public through an IPO.The firm has already confirmed this, setting Q1 2026fortheconclusion ofits merger.
According to Van Code, this IPO will likely raise billions of dollars for the company.He suggeststhatthey willleveragethis cashfor purchasingXRPin the open market.For context, such an event will possibly exert pressure on the existing XRP supply, which many experts believe is already declining.
In such a scenario, the most logical market response is a supply shock.“You haven’t seen supply shock yet,”Van Code teased, attempting to highlight the possible extent of the large-scale purchase.
According to him, the Evernorth development, which market commentator Nietzbux alreadybelieves is 100% bullish for XRP, and the launch of XRP ETFs could trigger an unprecedented supply shock in the XRP market.
However, Van Code admitted that he is not sure of the timeframe.
DisClamier:
With the new XRP treasury firm Evernorth planning an IPO next year, a market expert has suggested that the resulting purchases could lead to an XRP supply shock.
Software engineer and XRP community figure Vincent Van Code made this assertion on Xwhilediscussing the potential impact of Evernorth’s emergence on XRP price direction.
Evernorth’s Decision to Purchase XRP
For context,Evernorth, a new Ripple-backed company, announcedon Oct.
20 that it wouldform a mergerwith Armada Acquisition Corp II, a special purpose acquisition company (SPAC) with the aim of going public under the “XRPN” ticker and raising $1 billion to create the largest XRP treasury.
– Advertisement –Tag ID:
thecryptobasic_incontent_2
Notably, reports confirmed Ripple would contribute to the fundraiser alongside its co-founder Chris Larsen, but these contributions were all in XRP,andnot fiat.In fact,The Crypto Basicfound nine days laterthat Evernorth had already received $1 billion worth of XRP, but all contributions were in XRP, not fiat.
Expectedly, this raised questions about theimpact of the strategyon the XRP price.
For context, Evernorth raising fiat and leveraging the cash to purchase XRP on the open market could trigger massive buying pressure, contributing to bullish price movements.
However, the recent XRP-denominated contributions arenot capable of havingsuch an impact.
“You Haven’t Not Seen Supply Shock Yet”
Amidtheconcerns, XRP community figures have insisted thatthefundraisingfor procuringXRP on the open market wouldactually happenlater, possibly leading to the anticipated bullish impact.For one, SBI has already announced an investment of $300 million in cash, not XRP.
In hiscommentary, Vincent Van Code attempted to explain how Evernorth’s going public will impact XRP price.
He highlighted that the next step for the new company is to go public through an IPO.The firm has already confirmed this, setting Q1 2026fortheconclusion ofits merger.
According to Van Code, this IPO will likely raise billions of dollars for the company.He suggeststhatthey willleveragethis cashfor purchasingXRPin the open market.For context, such an event will possibly exert pressure on the existing XRP supply, which many experts believe is already declining.
In such a scenario, the most logical market response is a supply shock.“You haven’t seen supply shock yet,”Van Code teased, attempting to highlight the possible extent of the large-scale purchase.
According to him, the Evernorth development, which market commentator Nietzbux alreadybelieves is 100% bullish for XRP, and the launch of XRP ETFs could trigger an unprecedented supply shock in the XRP market.
However, Van Code admitted that he is not sure of the timeframe.
DisClamier:
With the new XRP treasury firm Evernorth planning an IPO next year, a market expert has suggested that the resulting purchases could lead to an XRP supply shock.
Software engineer and XRP community figure Vincent Van Code made this assertion on Xwhilediscussing the potential impact of Evernorth’s emergence on XRP price direction.
Evernorth’s Decision to Purchase XRP
For context,Evernorth, a new Ripple-backed company, announcedon Oct.
20 that it wouldform a mergerwith Armada Acquisition Corp II, a special purpose acquisition company (SPAC) with the aim of going public under the “XRPN” ticker and raising $1 billion to create the largest XRP treasury.
– Advertisement –Tag ID:
thecryptobasic_incontent_2
Notably, reports confirmed Ripple would contribute to the fundraiser alongside its co-founder Chris Larsen, but these contributions were all in XRP,andnot fiat.In fact,The Crypto Basicfound nine days laterthat Evernorth had already received $1 billion worth of XRP, but all contributions were in XRP, not fiat.
Expectedly, this raised questions about theimpact of the strategyon the XRP price.
For context, Evernorth raising fiat and leveraging the cash to purchase XRP on the open market could trigger massive buying pressure, contributing to bullish price movements.
However, the recent XRP-denominated contributions arenot capable of havingsuch an impact.
“You Haven’t Not Seen Supply Shock Yet”
Amidtheconcerns, XRP community figures have insisted thatthefundraisingfor procuringXRP on the open market wouldactually happenlater, possibly leading to the anticipated bullish impact.For one, SBI has already announced an investment of $300 million in cash, not XRP.
In hiscommentary, Vincent Van Code attempted to explain how Evernorth’s going public will impact XRP price.
He highlighted that the next step for the new company is to go public through an IPO.The firm has already confirmed this, setting Q1 2026fortheconclusion ofits merger.
According to Van Code, this IPO will likely raise billions of dollars for the company.He suggeststhatthey willleveragethis cashfor purchasingXRPin the open market.For context, such an event will possibly exert pressure on the existing XRP supply, which many experts believe is already declining.
In such a scenario, the most logical market response is a supply shock.“You haven’t seen supply shock yet,”Van Code teased, attempting to highlight the possible extent of the large-scale purchase.
According to him, the Evernorth development, which market commentator Nietzbux alreadybelieves is 100% bullish for XRP, and the launch of XRP ETFs could trigger an unprecedented supply shock in the XRP market.
However, Van Code admitted that he is not sure of the timeframe.
DisClamier:
With the new XRP treasury firm Evernorth planning an IPO next year, a market expert has suggested that the resulting purchases could lead to an XRP supply shock.
Software engineer and XRP community figure Vincent Van Code made this assertion on Xwhilediscussing the potential impact of Evernorth’s emergence on XRP price direction.
Evernorth’s Decision to Purchase XRP
For context,Evernorth, a new Ripple-backed company, announcedon Oct.
20 that it wouldform a mergerwith Armada Acquisition Corp II, a special purpose acquisition company (SPAC) with the aim of going public under the “XRPN” ticker and raising $1 billion to create the largest XRP treasury.
– Advertisement –Tag ID:
thecryptobasic_incontent_2
Notably, reports confirmed Ripple would contribute to the fundraiser alongside its co-founder Chris Larsen, but these contributions were all in XRP,andnot fiat.In fact,The Crypto Basicfound nine days laterthat Evernorth had already received $1 billion worth of XRP, but all contributions were in XRP, not fiat.
Expectedly, this raised questions about theimpact of the strategyon the XRP price.
For context, Evernorth raising fiat and leveraging the cash to purchase XRP on the open market could trigger massive buying pressure, contributing to bullish price movements.
However, the recent XRP-denominated contributions arenot capable of havingsuch an impact.
“You Haven’t Not Seen Supply Shock Yet”
Amidtheconcerns, XRP community figures have insisted thatthefundraisingfor procuringXRP on the open market wouldactually happenlater, possibly leading to the anticipated bullish impact.For one, SBI has already announced an investment of $300 million in cash, not XRP.
In hiscommentary, Vincent Van Code attempted to explain how Evernorth’s going public will impact XRP price.
He highlighted that the next step for the new company is to go public through an IPO.The firm has already confirmed this, setting Q1 2026fortheconclusion ofits merger.
According to Van Code, this IPO will likely raise billions of dollars for the company.He suggeststhatthey willleveragethis cashfor purchasingXRPin the open market.For context, such an event will possibly exert pressure on the existing XRP supply, which many experts believe is already declining.
In such a scenario, the most logical market response is a supply shock.“You haven’t seen supply shock yet,”Van Code teased, attempting to highlight the possible extent of the large-scale purchase.
According to him, the Evernorth development, which market commentator Nietzbux alreadybelieves is 100% bullish for XRP, and the launch of XRP ETFs could trigger an unprecedented supply shock in the XRP market.
However, Van Code admitted that he is not sure of the timeframe.
DisClamier:
