Ripple has launched an exclusive XRP Rewards Event to express gratitude to its loyal community members who stood by the company during its prolonged legal battle with the US Securities and Exchange Commission (SEC). The event allows eligible users to claim free XRP tokens by registering and completing a quick eligibility check.
How to Claim Your XRP
To participate, community members need to follow the instructions shared by Ripple on its official channels. The company promises a straightforward process for claiming the rewards. Full details on eligibility rules, claim steps, and reward distribution will be announced soon.
XRP Market Update
XRP's price has surged by 3%, attempting to break past the $2.25 mark. The token is currently trading between $2.14 and $2.27, showing strong support despite market fluctuations. Market watchers predict a potential bullish breakout towards $2.41 in the near future.
Ripple's Business Moves
The rewards event coincides with Ripple's strategic business decisions. Although the company reportedly considered acquiring Circle, the issuer of USDC stablecoin, it ultimately didn't pursue the deal. However, Ripple's recent acquisition of fintech firm Hidden Road for $1.25 billion demonstrates its strong financial position and plans for expansion beyond the XRP Ledger [