Crypto
XRP Eyes Reclaim of Key Resistance Zone Amid Nasdaq Listing and ETF Demand
XRP has gained 1.1% over the past 24 hours to trade near $1.42 on August 28, as progress towards Evernorth's planned Nasdaq listing and continued spot ETF inflows have supported demand.
CoinGecko data shows XRP has also risen 8.7% over the past seven days, although the token has pulled back from an intraday high near $1.47.
The main XRP-specific catalyst came from Evernorth Holdings after the US Securities and Exchange Commission declared the Form S-4 registration statement tied to its proposed merger with Armada Acquisition Corp. II.