XRP Is Reaching a 1990s-Style Turning Point, Says Evernorth CEO
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Evernorth CEO Asheesh Birla (former Ripple exec) says XRP is reaching a 1990s‑style turning point as US regulatory clarity and growing institutional adoption push crypto toward real financial rails and settlement. He frames XRP's move as a shift from speculative token to utility-driven infrastructure for institutional settlement and adoption. Market context: XRP trading near $1.2994 after a prolonged decline from 2025 highs, highlighting short-term price weakness amid longer-term adoption narratives.
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- Asheesh Birla asserts that XRP is approaching a pivotal moment akin to the digitization of the stock market in the 1990s.
- He ties that shift to new US regulatory clarity and growing institutional adoption.
- The latest XRP chart shows the price near $1.2994 after a long decline from the 2025 highs.
According to Asheesh Birla, CEO of Evernorth and a former Ripple executive, XRP is approaching a pivotal moment similar to the stock markets in the 1990s. In posts on X, Birla says Washington has finally delivered the kind of regulatory movement the digital asset industry has waited for, and he argues that XRP is now shifting from a speculative phase into a utility-driven phase tied to real financial infrastructure.
Birla says the market is moving away from hype and toward rails, settlement, and institutional use. He compares that shift to electronic trading in US equities…
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