XRP News: XRP Jumps 2% as Binance’s $800K RLUSD Reward Campaign Goes Live
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In major news today, Binance has reportedly launched an $800,000 XRP reward campaign running until August 14, 2026, distributing XRP to users who hold RLUSD, or Ripple’s USD-pegged stablecoin, in qualifying accounts.
Key facts
XRP is technically range-bound between support at $1.05–$1.07 and a resistance band running from $1.12 to $1.18
In major news today, Binance has reportedly launched an $800,000 XRP reward campaign running until August 14, 2026, distributing XRP to users who hold RLUSD, or Ripple’s USD-pegged stablecoin
A daily close above $1.18 is required to confirm a bullish breakout, which would target the next resistance at $1.26
The Binance airdrop pushed XRP price to around $1.12, a roughly 2% gain on the day, as analysts flagged the campaign as a short-term bullish catalyst for the token
Summary
How the Binance Airdrop Works, and Who Qualifies. The Binance airdrop pushed XRP price to around $1.12, a roughly 2% gain on the day, as analysts flagged the campaign as a short-term bullish catalyst for the token. This is not a snapshot-based crypto airdrop 2026 where holding XRP itself earns rewards. It is reported that rewards are based on Binance’s eligibility requirements, including minimum holding and trading volume.