Ripple, the blockchain payments company, has been featured on the Nasdaq Tower in Times Square, recognizing its philanthropic contributions exceeding $250 million through the Pledge 1% program. This milestone underscores Ripple's commitment to social impact, with donations directed towards nonprofits and universities globally via initiatives like the University Blockchain Research Initiative (UBRI).
According to the 2024 Ripple Impact report, the company has donated over $200 million since 2018, and recent statements from Pledge 1% indicate the total has now surpassed $250 million. Ripple was honored as a "Builder" in the Pledge 1% network during Giving Tuesday, with the organization praising Ripple for leveraging its program to engage teams and donate globally.
Concurrently, XRP, Ripple's associated digital asset, is experiencing heightened market activity driven by institutional adoption. NASDAQ-listed Reliance Global Group has expanded its crypto treasury with XRP, and a partnership with RedotPay enables near-instant naira conversions in Nigeria, reducing bank fees by 7–10% along a $40 billion remittance corridor. XRP's ledger processes transfers in 3–5 seconds at $0.0002 per hop, cutting costs by up to 60%.
Regulatory progress includes Ripple's Singapore license expansion on December 1, opening access to $1.5 trillion in annual payments. ETF inflows, such as XRPI and XRPR, have added $756 million, tightening supply after a 34% drop in exchange reserves. As of now, XRP trades at $2.18, up 7.73% over the past day.
SOL
ADA
GEE
ETH
OZ
TAP
XMR