Ripple has rolled out a new $XRP Rewards Event to recognize and appreciate the unwavering support of its community—especially those who stood by the company during its lengthy legal battle with the U.S. Securities and Exchange Commission (SEC).
Free XRP Tokens Up for Grabs
The initiative is open to Ripple’s global user base, allowing eligible participants to claim free XRP tokens. Community members can register based on their location and account status and will undergo a brief eligibility check after signing up.
“We’re thrilled to officially kick off the $XRP Rewards Event for our entire community,” Ripple shared via social media. “This exclusive program is our way of showing gratitude to those who supported #Ripple through difficult times.”
The event has been designed to be straightforward and accessible to anyone actively involved in the Ripple ecosystem.
How to Participate
Claiming the rewards is expected to be a simple process. Ripple has promised to release full instructions soon, along with the specific requirements and timeline for distribution. Users are encouraged to follow Ripple’s official channels for updates.
XRP Price Steady Amid Market Movements
XRP has seen a modest 3% uptick, momentarily pushing toward the $2.25 level. The token remains stable within a support range of $2.14 to $2.27. Despite broader market fluctuations, XRP has held its ground, and analysts suggest a breakout toward $2.41 could be on the horizon.
Ripple’s Strategic Moves
Beyond the rewards event, Ripple’s broader business strategy continues to make headlines. Although it reportedly explored a deal to acquire Circle—the company behind the $USDC
stablecoin—the acquisition didn’t come to fruition. However, Ripple’s $1.25 billion purchase of fintech firm Hidden Road underscores the company’s financial strength and ambition to expand beyond the XRP Ledger.