XRP Treasury Firm Evernorth Sits on $380 Million Loss as Price Struggles

Most Digital Asset Treasuries (DATs) are facing growing unrealized losses as the overall crypto market capitalization continues to fall. Companies that believe in XRP’s long-term value and hold it as a treasury asset, including Evernorth, are in a similar situation.

Despite these challenges, signals from retail investors and several positive developments within the Ripple ecosystem offer hope of a potential XRP recovery.

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Evernorth Faces a $380 Million Unrealized Loss.

Evernorth Holdings,…