Ripple Heads to Korea as XRP Firm Targets Nasdaq Listing

XRP is trading near $1.40 while the ecosystem prepares for the XRP Seoul 2026 conference. The event lineup includes major figures from the sector, such as Evernorth CEO Asheesh Birla. Birla is a former Ripple executive who is currently moving his firm toward a Nasdaq listing through a SPAC merger. The firm has stated plans to build a $1 billion XRP reserve, adding a fresh layer of institutional interest to the project.

Flare co founder Hugo Philion is also scheduled to speak at the event. His focus will be on smart contract utility for XRP and Bitcoin within decentralized finance. While these developments align with the long term goals of the Ripple network, they have not yet caused a significant price shift. Trading volume remains between $1.4 billion and $1.8 billion, suggesting that the market is still in a phase of indecision.

Technically, the coin faces resistance near $1.43 to $1.46. While it remains above its 50 day and 200 day moving averages, current momentum indicators are neutral to bearish. Traders are keeping a close watch on the $1.39 support level. If the price fails to hold above $1.35, the asset could see a dip toward the $1.28 range. Conversely, a breakout above $1.43 could encourage a move toward $1.50 and potentially higher targets.