The post Ripple’s David Schwartz Update Triggers Massive Bullish Signals Amid XRP Whale Buying Spree ⋆ ZyCrypto appeared com. The XRP community is on fire after Ripple’s Chief Technology Officer, David “JoelKatz” Schwartz, announced a major new role that could mark a turning point for XRP’s market trajectory. In a post on X, Schwartz revealed that he will serve as a strategic advisor to Evernorth, a newly formed investment vehicle dedicated to expanding XRP’s reach across defi and capital markets. The company, helmed by former Ripple executive Asheesh Birla, aims to become the largest publicly traded XRP treasury on the Nasdaq under the ticker “XRPN.” Evernorth recently confirmed its plans to go public through a business combination with Armada Acquisition Corp II, a deal expected to raise more than $1 billion in gross proceeds. The move will give Evernorth both regulatory credibility and significant financial firepower to accumulate XRP and develop liquidity, lending, and yield infrastructure around it. Advertisement Schwartz’s involvement points to Ripple’s deepening ties to Evernorth’s strategy and reinforces confidence in XRP’s institutional potential. Analysts have widely interpreted his announcement as a sign that Ripple is positioning XRP for mainstream capital market integration, potentially similar to how MicroStrategy amplified Bitcoin’s exposure in traditional finance. Market momentum appears to reflect that 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 in the opposite direction of crowd sentiment. On-chain data also shows that whales accumulated more than 30 million XRP over 24 hours between 20th and 21st October, signaling growing confidence among deep-pocketed investors. Adding to the excitement, technical analysts are now spotting a bullish “inverse head and shoulders” pattern on XRP’s chart, targeting a potential move toward the $3. 10 resistance level. With whale accumulation, improving sentiment, and Ripple’s top engineer joining.