Gate News Bot news, on October 28, according to CoinMarketCap data, as of the time of writing, XRP (XRP) is currently priced at $2.65, with a fall of 0.34% in the last 24 hours, reaching a high of $2.69 and a low of $2.34. The 24-hour volume has reached $496 million. The current market capitalization is approximately $15.875 billion, a decrease of about $537 million compared to yesterday. Important news about XRP recently: 1️⃣ **Evernorth Holdings is accumulating XRP on a large scale** Evernorth Holdings has accumulated 388,710,606.03 XRP, worth approximately $994 million, becoming one of the major institutional investors in XRP. The company plans to collaborate with Armada Acquisition

Key Points - XRP has experienced approximately 400% growth over the past year, potentially leading to overvaluation. - 16 fund managers have submitted applications for XRP ETFs, with SEC decisions delayed until mid-October. - Significant global regulatory challenges persist, including

XRP traded above $2.50 on Monday, as buyers positioned themselves ahead of a possible technical breakout, with the coin consolidating after hitting a session high of $2.668. The digital asset now faces a critical resistance level at $2.680 that could