XRP surges from $1.00 to $1.38 after short squeeze and ETF inflows

  • XRP rose from around $1.00 to $1.38 after a short squeeze.
  • XRP ETFs recorded a $28 million inflow during the rally.
  • Evernorth cleared an SEC hurdle for a Nasdaq listing.

XRP climbed from around $1.00 to $1.38 after a short squeeze followed a break from a tight price range and $28 million flowed into XRP ETFs. The developments also included Evernorth clearing an SEC (U.S. securities regulator) hurdle for a Nasdaq listing. The source additionally says the XRP Ledger reached 5 billion, but the supplied text is truncated before specifying the metric.

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