Ripple Gains New Important Recognition from US Authorities
Main Idea
Ripple has been recognized by the SF Business Times and U.S. authorities for its corporate philanthropy, while a large XRP withdrawal from Upbit coincides with its price recovery.
Key Points
1. Ripple was recognized by the SF Business Times as one of the Bay Area’s Top Corporate Philanthropists.
2. Ripple's 2024 Impact Report highlights funding for over 70 universities and nonprofit organizations, with more than half receiving multi-year support.
3. Ripple commits 1% of its profits to important causes and provides XRP donations to organizations like the World Economic Forum.
4. 20,000,000 XRP (worth $60,585,668) was withdrawn from Upbit to an unknown wallet, sparking market speculation.
5. XRP's price increased by 2.43% in 24 hours, recovering from a previous 13% decline, and is currently trading at $3.07.
Description
Ripple has been recognized as one of major contributors in Bay Area by local authorities
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