XRP's Wall Street Debut: Evernorth's XRPN Trades 1.29M Shares on Nasdaq Launch
Evernorth's XRPN token debuted on Nasdaq with 1.29 million shares traded, while XRP's volume surged 107%.
Evernorth's XRPN token debuted on Nasdaq with 1.29 million shares traded, while XRP's volume surged 107%. XRP (XRP) is trading at $1.37. This is an original Token Times brief synthesising 3 outlets (CryptoPotato, U.Today, CoinDesk), plus live market data, as of Tue, 13 Oct 2026 22:45:01 UTC.
The Nasdaq listing of Evernorth's XRPN token marks a significant step in bringing cryptocurrencies to traditional financial markets, potentially increasing institutional adoption and mainstream visibility for XRP and blockchain-based assets.
- Evernorth's XRPN token debuted on Nasdaq with 1.29M shares traded.
- XRP's daily trading volume spiked 107% to $2.17B during the debut.
- Despite the XRPN listing, XRP underperformed the broader crypto market.
CryptoPotato and U.Today both report that Evernorth's XRPN token debuted on Nasdaq with 1.29 million shares traded. They also agree that XRP's daily trading volume increased by 107% to approximately $2.17 billion during the same period. However, U.Today emphasizes that XRP is underperforming the broader cryptocurrency market, while CryptoPotato focuses on the trading volume surge as the key metric.
- Evernorth's XRP-Backed Nasdaq Listing Follows SPAC Merger Amidst Investor Exodus
- XRP's Wall Street Debut: Evernorth's XRPN Trades 1.29M Shares on Nasdaq Launch — this brief
Evernorth, a Ripple-backed entity, launched its XRPN token on the Nasdaq exchange, marking a significant milestone for cryptocurrency adoption in traditional financial markets. The debut session saw 1.29 million shares of XRPN traded, according to multiple outlets.
During the same period,
XRP's daily trading volume experienced a significant increase, rising by 107% to approximately $2.17 billion. This surge in volume indicates heightened market activity and interest in XRP following the XRPN listing.
Despite the XRPN listing and the increase in XRP's trading volume, the cryptocurrency is underperforming the broader crypto market. This suggests that while the Nasdaq debut has attracted attention, it has not yet translated into significant price gains for XRP.
The listing of XRPN on Nasdaq is part of a larger trend of traditional financial institutions embracing blockchain-based assets. This move could pave the way for increased institutional adoption and mainstream acceptance of cryptocurrencies.
In the current market context, the total cryptocurrency market cap stands at $2.87 trillion, with the overall market remaining relatively flat.
Bitcoin has seen a modest 24-hour increase of 0.49%, while XRP is trading at $1.37, up 0.37% in the last 24 hours but down 8.90% over the past week. The Fear & Greed Index is at 57, indicating a state of 'Greed' in the market.
Since this brief published about 15 hours ago, XRP (XRP) has moved from $1.37 to $1.37 — +0.00%.
The chart plots XRP's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 XRP ≈ ₹141.79 (about $1.37), up 1.3% over 24 hours. The rupee itself trades about 7.9% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
XRP's Wall Street Debut: Evernorth's XRPN Trades 1.2 — questions & answers
What is Evernorth's XRPN token?
XRPN is a token launched by Evernorth, a Ripple-backed entity, and it debuted on the Nasdaq exchange.
How much did XRP's trading volume increase during the XRPN debut?
XRP's daily trading volume rose by 107% to approximately $2.17 billion.
Why is XRP underperforming the broader crypto market?
Despite the XRPN listing and increased trading volume, XRP has not seen significant price gains, causing it to underperform the broader market.
How much is 1 XRP worth in rupee today?
About ₹141.79 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1.37. The rupee price moves with both XRP's US-dollar price and the USDT/INR rate; use our XRP in rupee page for any amount.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from CryptoPotato, U.Today, CoinDesk, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.