Ripple's institutional adoption is accelerating, with its valuation approaching $30 billion, as the company sheds its 'Zombie Chain' label. The Canary XRP ETF has filed an updated S-1, positioning it for auto-listing on NASDAQ by November 13. Despite these positive developments, XRP's price has fallen below the $2.70 support level, continuing a downward trend since mid-July 2025. Ripple's strategic acquisitions, including GTreasury for $1 billion, Hidden Road for $1.25 billion, and Rail for $200 million, have bolstered its market position. Analysts report Ripple's private market shares trading at $135 to $170, reflecting a significant year-to-date increase. Meanwhile, Bitwise Investment has amended its XRP ETF filing, proposing a 0.34% fee upon listing on NYSE. Evernorth's acquisition of XRP, valued over $1 billion, further underscores growing institutional confidence.