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Ripple’s David Schwartz Update Triggers Massive Bullish Signals Amid XRP Whale Buying Spree ⋆ ZyCrypto

The XRP community is buzzing with excitement following a major announcement from Ripple’s Chief Technology Officer, David “JoelKatz” Schwartz. Schwartz revealed that he will be taking on a strategic advisor role with Evernorth, a newly formed investment vehicle focused on expanding XRP’s presence across decentralized finance (DeFi) and capital markets. This move could mark a significant turning point for XRP’s market trajectory.

Evernorth is led by former Ripple executive Asheesh Birla and aims to become the largest publicly traded XRP treasury on the Nasdaq under the ticker “XRPN.” The company recently confirmed plans to go public through a business combination with Armada Acquisition Corp II. This deal is expected to raise more than $1 billion in gross proceeds, providing Evernorth with both regulatory credibility and substantial financial resources to accumulate XRP and develop liquidity, lending, and yield infrastructure around the asset.

Schwartz’s involvement underscores Ripple’s deepening ties to Evernorth’s strategic vision and bolsters confidence in XRP’s institutional potential. Analysts widely interpret this announcement as a clear sign that Ripple is positioning XRP for mainstream capital market integration—potentially mirroring how MicroStrategy significantly boosted Bitcoin’s exposure in traditional finance.

Market momentum appears to be reflecting this optimism. Data from Santiment shows XRP climbed back above $2.50 after briefly dipping below $1.90 just ten days earlier. Despite widespread fear and uncertainty among retail traders, prices have surged, moving counter to crowd sentiment.

On-chain data also highlights strong buying activity, with whales accumulating more than 30 million XRP within a 24-hour period between October 20th and 21st. This signals growing confidence among deep-pocketed investors.

Adding to the positive outlook, technical analysts have identified a bullish “inverse head and shoulders” pattern forming on XRP’s chart, targeting a potential move toward the $3.10 resistance level.

With whale accumulation, improving market sentiment, and Ripple’s top engineer joining forces with Evernorth’s billion-dollar expansion, the stage seems set for another upward leg in XRP’s price action.
https://bitcoinethereumnews.com/tech/ripples-david-schwartz-update-triggers-massive-bullish-signals-amid-xrp-whale-buying-spree-%e2%8b%86-zycrypto/?utm_source=rss&utm_medium=rss&utm_campaign=ripples-david-schwartz-update-triggers-massive-bullish-signals-amid-xrp-whale-buying-spree-%25e2%258b%2586-zycrypto

Can XRP Price Hit New Highs In 2025? Analysts Say Traders More Inclined To Look At Remittix

**Decentralization and Token Accessibility: XRP vs Remittix**

Decentralization has always centered on placing more tokens directly into the hands of users and the community. While investment products like ETFs tend to make these tokens accessible primarily to institutional traders—bringing some stability to token prices—they may also limit broader user participation.

Ripple appears to be taking its offerings toward the institutional market a bit too aggressively. The XRP project is aiming to build a billion-dollar treasury called Evernorth, designed to serve similar functions to Bitcoin and Ethereum ETFs. However, this strategy may not be ideal for retail traders and future investors in the Ripple project. As a result, many in the community are considering supporting the Remittix project during this bullish cycle. Unlike XRP, Remittix coins are viewed as a must-have investment for 2025.

Here’s a closer look at how both tokens differ.

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### XRP Plans: Why Evernorth?

Ripple’s leadership is keen on launching Ripple ETFs. Yet, the U.S. Securities and Exchange Commission (SEC) has been delaying a final decision on these ETFs, leaving XRP holders waiting since Q2. The latest deadline set by the SEC was October, but XRP isn’t holding its breath until then.

The Evernorth treasury is already underway, and Ripple is making bold moves to attract institutional investors. Evernorth is Ripple’s equivalent of an ETF— a vehicle for institutional traders to acquire and hold XRP tokens with ease.

Given Ripple’s solid footprint in traditional finance, onboarding institutions through Evernorth could be just the catalyst needed for XRP’s price to surge in the near future. Indeed, since investments in Evernorth started, XRP’s price has risen by approximately 8.01%.

Notably, Ripple co-founder Chris Larsen has invested around 50 million XRP coins into Evernorth, signaling strong corporate commitment to activate Ripple’s presence in the decentralized finance (DeFi) space. While some speculated that Larsen was simply taking profits last week, recent transactions appear linked to strategic corporate decisions rather than personal profit-taking.

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### XRP Price: Effects of Evernorth

With Evernorth operational, XRP’s price movements are expected to become less influenced by retail traders. Smaller investors won’t hold enough tokens to significantly impact the token price in either direction. While this may benefit Ripple’s long-term growth, it sidelines retail traders—potentially discouraging new individual investors.

For many retail participants, Remittix is emerging as the next best opportunity for gains this year. RTX coins are selling quickly across the crypto market, attracting attention from those eager to participate in a user-centered project.

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### Remittix: DeFi That Is User-First and User-Friendly

While most DeFi projects claim to be user-focused—offering utilities primarily for their communities—few match the user-centric features found in Remittix.

The innovative PayFi platform is building a crypto-to-fiat bridge that allows users to transfer assets directly from crypto wallets into bank accounts anywhere globally as fiat currency. This seamless bridging between crypto and traditional financial systems fulfills a long-standing dream for many crypto users, reducing reliance on centralized exchanges.

Unlike many projects still in their Initial Coin Offering (ICO) phases, Remittix already has key utilities ready for launch. The Remittix Web3 wallet is currently available in beta, with the full version expected later this year. In the meantime, early buyers are already seeing profits from their investments.

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### RTX Tokens: The Next Ethereum?

The upcoming bull cycle is expected to favor Remittix, with RTX tokens currently available at attractive discounted rates—though only for a limited time.

Secure your RTX tokens now at $0.1166, invite your friends, and earn 15% off their RTX purchases!

Discover the future of PayFi by exploring Remittix’s project:

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### Disclaimer

This publication is sponsored. Coindoo does not endorse or assume responsibility for the content, accuracy, quality, advertising, products, or any other materials presented here. Readers are strongly encouraged to conduct their own research before engaging in any cryptocurrency-related activities.

Coindoo will not be liable, directly or indirectly, for any damages or losses resulting from the use of or reliance on any content, goods, or services mentioned.

**Always do your own research.**

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### About the Author

**Krasimir Rusev** is a seasoned journalist with extensive experience covering cryptocurrencies and financial markets. Specializing in analysis, news, and digital asset forecasts, he provides readers with in-depth, reliable insights into the latest trends shaping the crypto world. Krasimir’s expertise makes him a trusted source for investors, traders, and enthusiasts alike.
https://coindoo.com/can-xrp-price-hit-new-highs-in-2025-analysts-say-traders-more-inclined-to-look-at-remittix/

In 2016, she made gut-healthy drinks in her kitchen. 9 years on, she sold her soda brand to PepsiCo for $2 billion

In 2015, Allison Ellsworth was in her kitchen experimenting with different gut-healthy drink recipes, trying to make apple cider vinegar taste good. Little did she know that the concoctions she was mixing would eventually become a billion-dollar business.

Today, the 38-year-old is the co-founder of the prebiotic soda brand Poppi, which she started alongside her husband, Stephen Ellsworth. Almost a decade after her kitchen experiments, in May 2025, Ellsworth sold the business to PepsiCo for $1.95 billion. The deal includes $300 million in anticipated cash tax benefits for a net purchase price of $1.65 billion.

### Entrepreneur by Nature

Ellsworth has always been a hustler. “I just knew I never wanted to work for anyone. I was good at, like, hacking systems and… I always had this really great gift to be visionary [and] see through cracks,” Ellsworth told CNBC Make It.

While in college, she took a full year off to travel and still managed to graduate in four years. During her studies, she also worked several jobs where she figured out how to execute more efficiently than expected.

“I worked at a call center, and I learned really early working there, that if I did certain things, I could double, triple, 5x the sales of everybody else,” Ellsworth said.

### From Oil and Gas Research to Healthy Living

After college, Ellsworth spent years on the road working in oil and gas research. She traveled all around the United States by herself, which eventually began to weigh on her health.

“I did that for seven years, working all over the U.S. I’ve driven through every single state by myself, stayed in teeny, little towns and motels and ran huge, multi-million dollar projects in my 20s. It was crazy,” she said.

Since she was always on the road, she had trouble accessing nutritious food. “I felt ill. So my face started breaking out, my stomach was hurting. I was allergic to all sorts of different things,” she revealed.

### A Love for Apple Cider Vinegar

“I just fell in love with apple cider vinegar, and the way it made me feel, but I wanted to make it taste better,” said Allison Ellsworth, co-founder and Chief Brand Officer of Poppi.

Her passion for gut health and desire to create a tasty, healthful beverage ultimately led to the birth of Poppi—a brand that has transformed how people enjoy prebiotic soda.

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https://www.cnbc.com/2025/10/17/poppi-went-from-kitchen-experiment-to-2-billion-deal-with-pepsico.html