Major crypto exchange Binance has extended its RLUSD airdrop rewards campaign, giving eligible users four more weeks to participate.
Although the same terms still apply, this time the campaign comes with a significantly larger reward pool of 1 million XRP tokens, with Binance highlighting the pool's value based on the current market price of XRP.
In July, Binance launched an airdrop campaign rewarding all eligible users who hold Ripple USD (RLUSD) on its platform, which began on July 17. A grand prize pool of $800,000 in XRP was announced in rewards, with the campaign slated to end on August 14.
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With the first round ending on August 14, Binance has extended the campaign by four more weeks, with 1 million XRP set to be shared as rewards.
Four more weeks of RLUSD airdrop rewards.
The campaign is back with the same terms and a bigger reward pool worth 1M XRP tokens at today’s USD value.
Last 7-day APR: 7.69%
Details 👉 https://t.co/LmdiRKIG7w pic.twitter.com/mQPt3xviiU
Eligible users are expected to hold RLUSD in balance (net assets) in any account categories on Binance, including Earn Account (RLUSD in Flexible Savings) and Margin Account (RLUSD as collateral in Cross Margin, Isolated Margin, or Portfolio Margin).
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They are expected to maintain at least 0.01 RLUSD in their Earn or Margin Accounts and have an average daily trading volume of $500 or more in Margin or Futures on any pairs to qualify for the rewards.
As stated during the initial round of the campaign, Binance noted it will distribute the XRP weekly rewards to RLUSD holders every Friday.
Binance announced the initial listing of RLUSD in January, allowing Spot trading support for the stablecoin and including it in Binance Earn, giving users new ways to interact with and benefit from RLUSD holdings.
XRP hits 2-month activity high
According to Santiment, XRP negativity surged as the price failed to rally, with crowd commentary now at a 3-month bearish extreme across X, Reddit, Telegram, and other crypto channels.
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The XRP Ledger, on the other hand, is not so quiet. XRP just saw 49,929 active addresses in a single 24-hour span, its highest activity level in over 2 months, after earlier July activity had dropped near 2026 lows.
At the time of writing, XRP held steady at $1.00, up 0.02% in the last 24 hours. While retail sentiment stays dull, with on-chain activity high, this might be the counter-signal bulls want to see.
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