XRP News Today: XRP holders race to claim Midnight airdrop before 40-day window closes

Generated by AI AgentCoin World
Monday, Aug 25, 2025 7:46 am ET1min read
XRP
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Aime RobotAime Summary

- XRP holders must claim Midnight airdrop within 40 days to avoid unclaimed tokens being redistributed via scavenger hunt-style mechanisms.

- Institutional support grows with Mastercard's $75M-backed XRP debit card enabling direct spending at merchants without fiat conversion.

- Technical indicators warn of potential bull cycle peak, with 93% of XRP supply in profit raising selloff risks if momentum weakens.

- Mixed community reactions highlight concerns over redistribution fairness, while analysts emphasize urgency to secure holdings amid volatile market conditions.

XRP holders face a critical 40-day window to claim their share of the Midnight airdrop or risk losing out as unclaimed tokens are redirected into a scavenger hunt-style redistribution. Cryptocurrency commentator Big Pey highlighted the potential for billions of dollars in tokens to go unclaimed across major networks including

XRP
, emphasizing the urgency for holders to act swiftly [1]. The tokenomics of the airdrop are designed to incentivize early engagement, with Pey noting that the redistribution strategy prevents any single group from controlling the unclaimed supply [1].

Community reactions have been mixed, with some users like CelsiusPuffery expressing confidence in the fairness of the scavenger hunt model, while others, such as DogQueso, raised concerns about hidden mining strategies that could advantage certain participants [1]. Pey clarified that unclaimed tokens would not be lost but instead redistributed through additional stages, ensuring continued network activity and engagement [1]. This approach aligns with broader goals to strengthen the ecosystem by encouraging early participation.

The Midnight initiative also underscores the broader shift in XRP's market perception, particularly with institutional support growing. A groundbreaking development led by

Mastercard
, Gemini, Ripple, and WebBank is set to launch an XRP-backed debit card, which allows direct spending at physical and online merchants without converting to fiat currency [2]. This move, backed by $75 million, could significantly boost XRP demand by turning it into a practical, everyday utility rather than just a speculative asset [2].

Despite these developments, technical indicators suggest a potential peak in the current bull cycle. A break below the $2.80–$3.00 range could signal a correction, echoing previous bear markets in 2017–2018 and 2020–2021 [1]. Over 93% of XRP's circulating supply is currently in profit, raising concerns about a selloff triggered by profit-taking if market momentum weakens [3].

With the combination of bearish technical signals and bullish institutional developments, XRP holders are caught in a pivotal moment. The coming weeks will be critical in determining whether the market stabilizes or enters a downward spiral. Investors are advised to remain proactive, securing their holdings and closely monitoring both the airdrop timeline and broader market conditions [1][2][3].

Source:

[1] XRP Holders Need to Take This Quick Action or Risk Major Loss (https://coinmarketcap.com/community/articles/68ac48003bde1258f425f3e7/)

[2] Mastercard Launches XRP Debit Card Backed by $75M (https://thetradable.com/crypto/ripple-xrp-price-prediction-mastercard-launches-xrp-debit-card-backed-by-75m-ig--m)

[3] XRP's $3.29 Hurdle Holds Key to $6 Breakout or Downfall (https://www.ainvest.com/news/xrp-news-today-xrp-3-29-hurdle-holds-key-6-breakout-downfall-2508/)