For the past three months, XRP (CRYPTO: XRP) investors have been patiently waiting for a new catalyst to turn things around for the beleaguered cryptocurrency, which is down 28% year to date. In September, that catalyst was supposed to be the passage of the Clarity Act. That piece of groundbreaking crypto legislation has now been placed on hold after failing to make it through the U.S. Senate. In October, the new catalyst was supposed to be the Nasdaq debut of Evernorth Holdings (NASDAQ: XRPN), the largest publicly traded XRP treasury company in the world. Unfortunately, XRP continues to underperform, and thus far has seen little or no lift from Evernorth.
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