A significant development has occurred within the XRP ecosystem, with a strategic move worth nearly $1 billion unfolding behind the scenes. This accumulation could redefine XRP’s institutional trajectory.
Evernorth’s Massive XRP Accumulation
Blockchain data has confirmed that Evernorth Holdings, a digital asset treasury company backed by Ripple, has purchased approximately 388 million XRP tokens. This acquisition is valued at roughly $1 billion and was tracked across multiple on-chain transactions over the past 24 hours, marking one of the largest single-entity XRP acquisitions in recent history.
Evernorth’s strategy appears to extend beyond speculative trading. The firm is currently preparing for a Nasdaq SPAC listing, positioning itself as a key player in crypto-based treasury infrastructure. Its deepening connection with Ripple further amplifies the significance of this purchase, suggesting it is an integral part of a long-term liquidity and infrastructure plan rather than a short-term investment.
Crypto Commentator Austin Hilton Breaks the News
Crypto commentator Austin Hilton brought this development to light in a video shared on X, describing it as “a big deal” for the XRP community. Hilton stated, “Evernorth just bought one billion dollars’ worth of XRP,” emphasizing that this move aligns with Ripple’s broader efforts in acquisition and treasury building.
XRP – $1,000,000,000 Today!
— Austin Hilton (@austinahilton) October 28, 2025
Hilton explained that while the news is substantial, its immediate impact on XRP’s price might not be apparent. He noted, “XRP isn’t moving right now because the entire crypto market is in the red.” His analysis points to a common pattern observed in institutional activity: quiet accumulation occurring even when market sentiment appears weak.
Ripple’s Strategic Infrastructure Expansion
Ripple continues to strategically shift its focus from speculation towards systemic integration within the global financial landscape. The company’s recent expansions in treasury management, enterprise liquidity, and prime brokerage services are all components of a comprehensive global payments framework built upon XRP. The Evernorth acquisition fits seamlessly into this overarching blueprint.
By anchoring $1 billion in XRP within its corporate treasury, Evernorth significantly strengthens Ripple’s liquidity network. This move effectively lays the groundwork for institutional-grade settlement, advanced stablecoin operations, and efficient cross-border finance. As Austin Hilton reminded, Ripple’s objective is “not just about token price—it’s about building a global financial engine.”
Market Reaction and Political Undercurrents
Despite the substantial billion-dollar acquisition, XRP’s price has remained relatively steady, trading near $2.60. This stability reflects a broader caution within the market, particularly in anticipation of the upcoming Trump–Xi summit, where discussions on global trade and cryptocurrency policy could significantly influence market sentiment.
Hilton also touched upon a potential political dimension to Ripple’s growing momentum, suggesting that the company “is connected politically to the current administration.” Ripple’s confirmed contributions to U.S. economic programs and its increasing advisory influence in Washington further solidify its institutional standing.
The Bigger Picture
The $1 billion Evernorth acquisition underscores an accelerating trend toward the institutional adoption of XRP. This development signifies a strong confidence not in achieving quick profits, but in XRP’s foundational role in the future of global finance. As Evernorth progresses toward its public debut, the Ripple ecosystem gains a deeper and more strategic anchor.
For the XRP community, the message is evident. While market participants may be focused on short-term price fluctuations, the more significant narrative is unfolding within corporate balance sheets. As Austin Hilton aptly summarized, “Ripple is building infrastructure, not chasing price—and that’s how empires are made.”