TechFlow news — Ricky Liu, operator of the knowledge community "Ripple Star," told TechFlow that in addition to yesterday's announced partnership with a U.S. bank, another reason behind XRP's price increase is the airdrop from Flare Networks to XRP holders.
According to TheDailyHODL on September 2, Ripple partner blockchain company Flare Networks stated it plans to launch a new token called Spark based on the XRP Ledger in December. XRP investors will be able to claim one free Spark token for every XRP they hold on December 12. With Spark, users can utilize their tokens to issue and redeem FXRP tokens (which serve as gas for smart contracts on Flare), thereby generating returns.
As of 1:30 PM Beijing time, XRP was trading at $0.7145, up 54.1% over the past 24 hours.




