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Binance brings heavy news to XRP holders

2026-08-18 12:27:24
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Binance confirmed that it will extend its RLUSD reward activities by four weeks and increase its bonus pool to 1 million XRP.

Binance issued an announcement through its official X account on August 15, confirming that it will extend its RLUSD reward activities by four weeks and increase the bonus pool to 1 million XRP. Encryption commentator BankXRP (@BankXRP) subsequently forwarded the news, making the community that was already closely watching XRP even more agitated.

As one of the world's largest exchanges, Binance has linked such a large reward pool to the XRP ecosystem, once again demonstrating the institution's continued confidence in the ecosystem's prospects.


RLUSD airdrop rewards are renewed for another four weeks

Activity rules remain unchanged, but the bonus pool is expanded to 1 million XRP tokens in current U.S. dollars. The latest 7-day annualized rate of return (APR) is 7.69%.


Specific arrangements for Binance

This event will last until September 11. Binance will issue rewards every Friday for a total of four weeks, with an XRP issued every week. The latest reported 7-day APR is 7.69%.

Participation conditions: Users must hold at least 0.01 RLUSD in eligible financial or leveraged accounts, and the average daily leveraged or contract trading volume is no less than US$500. Trading volume can come from any trading pair that supports RLUSD as collateral.

Binance calculates rewards based on each user's eligible RLUSD balance. The lowest RLUSD balance recorded in the daily snapshot is the qualifying balance for the day. RLUSD obtained by borrowing other stablecoins will be converted at a rate of 60% during calculation.


The bonus pool is larger than the first round

This is not the first time Binance has launched an RLUSD event. The exchange launched its first round of activity on July 17, offering $800,000 worth of XRP distributed over four weeks and ending on August 14. A new round of activities was launched immediately, and the bonus pool expanded significantly.

Users from the United States, the United Kingdom, Canada, Japan and some European Economic Area (EEA) jurisdictions cannot participate in this event. Eligible participants will receive rewards every Friday until September 11.


XRP chain activity rises with activity

Sanitation's chain data shows that the number of active addresses in XRP reached 49,929 in 24 hours, the highest level in more than two months. In early July, XRP book activity fell to near the 2026 low, in sharp contrast to the same period last year.

The extension of RLUSD activity coincides with this recovery in activity. More users hold RLUSD in Binance, which means more users will be exposed to XRP as a reward asset. Weekly distribution will send XRP directly into participants 'wallets.

This move may help expand the coverage of RLUSD. Ripple's transparency data provides background information: As of August 6, RLUSD in circulation was US$1.59 billion, corresponding to US$1.7 billion in reserve funds.

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