“Real supply shortage is coming”...XRP, 7 billion units waiting to be bought

▲ XRP

In the XRP market, the possibility of a supply shortage has been raised with Evernorth's initial public offering (IPO) and a demand signal of 7 billion units being detected.

According to U.Today, a virtual asset media outlet, on April 24 (local time), Evernorth, a virtual asset management company supported by Ripple and SBI, is pursuing a listing through a merger with a special purpose acquisition company (SPAC). Evernorth plans to invest the funds raised through the listing into buying XRP in the market. Analysts predicted that this process could absorb circulating supply, leading to a supply shock.

The XRP demand signal confirmed by market data is for 7 billion units, indicating institutional investors' intent to buy. Evernorth has currently secured over 388.7 million XRP, building assets worth $1 billion. With additional capital inflow, market supply absorption is expected to accelerate. This is part of a strategy to increase asset holdings through institutional lending and liquidity provision.

Ripple co-founder Chris Larsen invested 50 million XRP from his wallet into Evernorth. This large-scale transfer of assets lowers market liquidity and limits the supply accessible to individual investors. Evernorth's activities, combined with expectations for XRP spot ETF approval, are analyzed as major variables that will affect the asset's value.

Institution-led supply and demand changes are transforming XRP's price structure. Evernorth's direct buying method increases the proportion of long-term holdings, strengthening price rigidity downwards. Experts diagnose that, considering the current accumulation speed and demand signals, XRP could show an independent price trend compared to the overall market, including Bitcoin (BTC).

The XRP ecosystem has entered a new phase through the inflow of institutional capital and supply control. When Evernorth's listing process is complete and fund execution begins, a buy-dominant market is expected to strengthen. Investors are closely watching when the 7 billion demand signal will be reflected in actual supply and demand, and the impact of the supply shortage on prices.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*