XRP Sees Busy Week with Four Major Events

XRP is set for a busy week in October, with four major events that could shape its next move. The first event is XRP Seoul on October 3, which brings together banks, financial institutions, and Ripple teams to discuss using the XRP Ledger (XRPL) for cross-border payments and other financial services.

Ripple's stablecoin RLUSD has recently crossed a $2 billion market cap, and discussions around XRPL's automated market makers (AMMs) and compliance features could increase interest from Asian financial institutions.

The planned acquisition of Evernorth by Ripple-linked entities is scheduled to reach completion on October 7. This integration could add institutional custody and real-world asset (RWA) infrastructure to the broader ecosystem, further connecting XRP with traditional financial services.

On October 8, XRPN will begin trading on the Nasdaq, adding another investment route for XRP investors. Meanwhile, technical analyst Dark Defender sees heavy resistance near $1.60, where around 2.5 billion XRP could act as a seller wall. A break above it could open targets at $1.88 and $2.90.