Feb 21, 2013: seven weeks after the $XRP Ledger went live, a wallet was activated and named Fuzzybear. New Year's Day 2014: it offered 1 $XRP for 1 $BTC. That order became a symbol for a community that has grown to 20k+ members. @SagarCBO on @fuzzy_xrp, the quiet years, and why we're saying thank you at @RippleSwell week 2026. Read the full post: https://t.co/fw6dgPUp1B Not investment advice or an offer of securities. Contains forward-looking statements; actual results may differ materially. This is a limited merchandise and community collaboration for Fuzzy Con. Evernorth does not endorse, sponsor, or promote FUZZY or any other digital asset or NFT, and nothing here is investment advice or a recommendation to buy, sell, or hold any asset. Risk factors: https://t.co/zkVF2SAjQw
— evernorthxrp (@evernorthxrp) October 23, 2026
According to Evernorth, the order was seen as a symbolic declaration that $XRP was architected to be an upgrade on earlier blockchains, "offering faster settlement times, drastically lower fees, and a native decentralized exchange."
Evernorth completed its business combination with Armada Acquisition Corp. II in September, and on October 12 at 9:30 a.m. Eastern Time, Evernorth's shares began trading on Nasdaq under the ticker symbol "XRPN." The treasury company holds about 473 million $XRP, seeking to utilize that capital across the entire $XRP economy.
What happened?
The wallet activated in February 2013 by a user named Fuzzybear put up an order to trade 1 $XRP for 1 Bitcoin. The order was never filled, as the market rate valued Bitcoin significantly higher than a single $XRP.
This early ledger anecdote became a piece of crypto folklore in the $XRP community, later inspiring community projects and the meme token FUZZ.
For further clarification, X user Fuzzybear confirmed he placed a sell order for 1 $XRP for 1 $BTC, but no one filled it, which is still visible on the chain. He stated he no longer had access to that $XRP wallet, so even if it did fill, he could not collect it. At the time of writing, $XRP was trading at $1.27, 0.0015766% of the current Bitcoin price of $80,554.
Even though the order of 1 $XRP to 1 $BTC was never filled, it remains etched in XRPL history.
The $XRP Ledger itself drew inspiration from Bitcoin: the trio of XRPL engineers David Schwartz, Jed McCaleb, and Arthur Britto, who were fascinated by Bitcoin, set out to create a better version that improved upon its limitations to create a digital asset that was more sustainable and built specifically for payments.