What changed
II rose about 270% last week, leaving the thinly traded shell at nearly four times its roughly $10 An XRP treasury SPAC surges nearly 300% ahead of Evernorth merger 50 trust value before merging with Evernorth, an XPR treasury company
Why it matters
Regulatory risk around XRP can change volatility, liquidity, or sentiment. The concrete detail to watch is II rose about 270% last week, leaving the thinly traded shell at nearly four times its roughly $10
Trading lens
Use this as watchful context from coindesk.com. Watch whether an XRP treasury SPAC surges nearly 300% ahead of Evernorth merger confirms momentum, invalidates active bias, or changes timing.