Blockchain.com Wallet To Airdrop $125 Million Stellar XLM, Ripple XRP Surges – Nov 6th Crypto News
Well known cryptocurrency wallet, Blockchain plans to give away a big amount of crypto to celebrate adding support for Stellar Lumens XLM to its wallet. Blockchain and the Stellar Development Foundation will distribute $125million worth of Stellar’s XLM. According to Blockchain, this is the largest airdrop in the history of crypto.
Now let’s take a look at Ripple’s XRP. It really stands out today as we saw it gain more than 18% hitting a one month high before falling a little lower again. Ripple continues to work hard, expanding across the globe. And there are rumors circulating around a Swift update in November. If this happens, this could mean that thousands of banks around the world could start using Ripple Labs’ platform, xRapid. And MIT backed cross-border remittance service SendFriend has implemented XRapid.
Please remember this is news, not investment advice.