XRP Falls 7% as Evernorth’s $380M Paper Loss Tests Ripple’s 2026 Roadmap
XRP slid about 7% with the token trading around $1.33, leaving Evernorth — which holds roughly 473 million XRP — with an estimated $380 million in unrealized losses. Ripple’s 2026 roadmap frames the XRPL as moving beyond payments toward a broader financial infrastructure layer, with XRP positioned as a bridge asset and settlement layer.
New features highlighted include permissioned markets, confidential transfers, tokenized collateral, and a native lending protocol. “[The ledger is growing into] an end-to-end operating system for real-world finance, with XRP playing a central role in payments, liquidity, and credit markets,” read an excerpt from the blog.
The XRPL Lending Protocol (XLS-66) is attracting attention for its potential to create pooled liquidity through Single-Asset Vaults, introduce fixed-term lending structures, and automate repayments, aiming to mirror traditional credit markets while preserving blockchain transparency and efficiency.