XRP Price Prediction: $1 Billion Treasury Sparks Bullish Momentum

A major milestone for XRP came with the creation of the large-scale investment vehicle, the Evernorth Treasury. The entity, supported by Ripple executives and strategic partners, plans to raise over $1 billion to acquire and hold XRP as a primary asset. The goal is to establish one of the largest publicly held XRP treasuries.

This treasury initiative includes participation from major financial backers, including large institutional investors and crypto-focused funds. Reports indicate that Japanese banking giant SBI Holdings has spent $200 million, while other purchases have come from veteran investment companies and crypto exchanges.

Evernorth has already accumulated approximately 261.8 million XRP, marking significant progress toward its $1 billion goal. These holdings are not merely speculative; the treasury plans to use its XRP reserves for institutional lending, liquidity provision, and the decentralized finance (DeFi) ecosystem. This means the treasury will play an active role in XRP’s ecosystem rather than simply holding the asset passively.

The creation of such a treasury could tighten XRP’s circulating supply. By moving large amounts of tokens into institutional custody, the amount of XRP available on exchanges could decline, potentially increasing price sensitivity to demand spikes. This structural shift in supply could make XRP more reactive to bullish market sentiment in the months ahead.