Crypto
XRP Price Holds Firm at $1.50 After Brief Rally to $1.66
XRP's price has stabilized around $1.50 after briefly reaching $1.66 on September 23, following a significant rally from its September 17 low near $1.25.
The token's market cap was pushed back above $100 billion before profit-taking reversed the move.
Binance is distributing $800,000 in XRP to RLUSD holders over four weeks, starting September 25, as part of a new campaign that rewards users for holding the stablecoin.
The exchange's XRP reserves have climbed to about 2.68 billion tokens, the highest level since June.