Binance has launched a new four-week campaign offering a total of one million XRP tokens as rewards to holders of Ripple USD (RLUSD) on its platform. To qualify, users must hold at least 0.01 RLUSD and maintain an average daily derivatives trading volume of $500. The rewards will be distributed in four weekly installments starting August 21 through September 11. This campaign follows a previous one that ended on August 14 and had a smaller reward pool. Binance applies specific rules for borrowed RLUSD and excludes users from certain countries such as the U.S. and Europe due to regulatory restrictions. The campaign highlights Binance's ongoing efforts to promote RLUSD, which currently has about $1.59 billion in circulation backed by $1.7 billion in reserves. The next key event is the first XRP distribution on August 21, with subsequent weekly payouts until the campaign ends.
Russia's Moscow Exchange (MOEX) will launch perpetual futures contracts for XRP alongside Bitcoin, Ethereum, Solana, and TRON on September 22. These contracts, quoted in USD but settled in Russian rubles, allow qualified investors to gain price expos...
XRP price rose to $1.43, up 3.13% in 24 hours, with strong trading volume of $3.41 billion. Analysts highlight an inverse head-and-shoulders pattern forming, targeting a breakout above $1.55 that could trigger a 35% rally toward $2. Large holders hav...
Ripple recently burned 15 million RLUSD stablecoins, removing them permanently from circulation, following several large minting events earlier in September. Despite these supply fluctuations, RLUSD's market capitalization has grown from $1.74 billio...
XRP saw a 2% price increase after its integration with Stripe's payment tools launched on September 17, enabling AI-driven machine-to-machine payments through the Machine Payments Protocol. Trading volumes reached $2.8 billion, signaling strong activ...
Whale wallets have accumulated about 1.54 billion XRP tokens worth $2.2 billion in 96 hours, signaling strong investor confidence as XRP trades near $1.41. This large-scale buying reduces XRP's circulating supply, potentially supporting higher prices...
