XRP erases $61 billion in market value one year after Wall Street’s biggest XRP treasury plan

As Evernorth Holdings Inc. (Nasdaq: XR P N ) reached its one-year anniversary of the initial deal structure and announcement that set the entire Wall Street XRP treasury plan into motion on October 19, 2026, XRP has wiped out more than $61 billion during the same period. Over the past 12 months, XRP saw its market capitalization plummet by $61.11 billion, or a 42.62% decline, down from $143.38 billion on October 19, 2025 to $82.27 billion at press time, according to crypto data Finbold retrieved from CoinMarketCap . The token faced heavy selling pressure during the first half of 2026, as it bottomed around $1 in June. At the time of publication, XRP traded at approximately $1.30, after its 43% rally during the third quarter.

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