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XRP News Update: XRP ETF Approaches Debut While Airdrop Counters Fraud

XRP News Update: XRP ETF Approaches Debut While Airdrop Counters Fraud

Bitget-RWA2025/11/15 18:54
By:Bitget-RWA

- Ripple launches XRP airdrop to boost adoption amid regulatory clarity and ETF launch preparations. - Surge in scams mimicking Ripple employees and fake airdrops undermines community trust ahead of ETF debut. - XRP faces $2.41 volatility with analysts predicting $30 price target if it breaks out of technical patterns. - Canary Funds' XRP ETF filing and Ripple's $50M SEC settlement signal institutional adoption potential. - Strategic fintech investments and XRPL Accelerator grants aim to counter scam threa

Ripple Unveils Significant

Airdrop as Community Expansion Surges Amid Scam Concerns and ETF Anticipation

Ripple (XRP) is preparing to launch a substantial airdrop supported by its community, aiming to further grow its ecosystem. This initiative comes alongside

. Announced on social media, the airdrop is designed to reward XRP holders and encourage wider usage. Yet, by a spike in scams impersonating Ripple staff, including fake giveaways and deepfake videos, just as the first U.S. spot XRP ETF is set to debut.

XRP’s price has

to $2.41 due to technical sell-offs and significant whale movements. Nevertheless, market experts remain positive about XRP’s future potential.
XRP News Update: XRP ETF Approaches Debut While Airdrop Counters Fraud image 0
Egrag Crypto, a well-known analyst, highlighted that XRP’s monthly chart shows a symmetrical triangle pattern, indicating a possible bullish breakout, . However, technical signals suggest a fragile short-term scenario, as and is encountering a bearish “Death Cross” formation.

The landscape for XRP ETFs is evolving quickly.

to the SEC, positioning its spot XRP ETF for a potential launch on November 14. This comes after Ripple with the SEC in July 2025, resolving a lengthy legal dispute. The ETF’s introduction could draw substantial investment, in contrast to , which totaled $107 million as of November 11.

Fraudsters have

, using AI-generated deepfakes to impersonate CEO Brad Garlinghouse and promote fake “airdrop” offers. RippleX, the company’s development division, has consistently advised users to confirm all information through official sources, private wallet information or funds.

From a technical standpoint,

, with a bounce observed as short-term buyers step in. Still, due to distribution trends and subdued retail interest. Analysts such as XForceGlobal believe XRP’s “distribution” phase is nearly over, toward $15–$30.

The broader digital asset market is also shifting, with

as funds move into alternatives like XRP. Ripple’s targeted investments in fintech infrastructure and community programs, , highlight its commitment to institutional adoption. Meanwhile, projects like Kamirai and Mutuum Finance are utilizing DeFi and gaming platforms to fuel utility-based expansion.

With the XRP ETF launch drawing near, market players remain vigilant.

it may attract renewed buying, while a drop below $2.38 could trigger further declines. For now, Ripple’s airdrop and regulatory achievements help offset ongoing scam risks and technical challenges.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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