Ripple announced a special XRP rewards event in appreciation of its community. This event is Ripple's way of thanking its supporters who stood by it during its lengthy legal battle with the U.S. Securities and Exchange Commission (SEC).
🚨Free XRP tokens for the Ripple community
The rewards program is available to all members of the Ripple community. Eligible users can receive free XRP tokens by registering based on their location and account status. After registration, participants will undergo a quick eligibility check.
Ripple confirmed that the event is simple and accessible to all active members of its network.
🚨How to get XRP
Ripple commits to easy procedures for obtaining rewards. All community members need to do is follow the instructions published by Ripple to collect their XRP tokens. Full details regarding eligibility criteria, claiming steps, and the reward distribution date are expected to be announced soon on Ripple's official channels.
Alongside the effectiveness of the rewards, Ripple's business decisions have drawn attention. Recent reports indicated that Ripple considered acquiring Circle, the company behind the USDC stablecoin.
Although the deal did not go through, Ripple's recent acquisition of the fintech company Hidden Road for $1.25 billion showcases the company's strong financial position and its plans for growth beyond the XRP Ledger.
