Binance, Kraken in Talks to Support XRP’s Spark Token Airdrop
2 min read
Summary:
- 10 exchanges have pledged their support for the Spark token airdrop to XRP holders
- Notable exchanges include Poloniex, Bitrue and Uphold
- Binance, Kraken, eToro, SBI’s VC Trade are currently in discussions with Flare Networks to support the Spark token airdrop
The list of crypto exchanges confirming their commitment to support the Spark token airdrop to XRP holders continues to grow. Back in mid-September, seven notable crypto exchanges had pledged to support the airdrop. That number now stands at ten and includes popular crypto exchanges such as Poloniex, Bitrue and Uphold.
Additionally, seven crypto wallets and three crypto-centric companies will be supporting the Spark token airdrop. This brings the total to 20 platforms that have confirmed their support for the event.
A full list can be found in the following infographic courtesy of @stedas on Twitter.
** Spark Airdrop (@FlareNetworks) **
20 exchanges, wallets and other fintech companies supporting the token distribution (as of 22 Oct)
How to claim Spark tokens?
https://t.co/oj5aGQ7HlB pic.twitter.com/Eea5yM8D3M
— XRP_Cro (@stedas) October 22, 2020
Binance, Kraken in Talks to Support the Spark Airdrop for XRP holders
From the bottom right corner of the infographic, it can be observed that the following crypto exchanges are in talks with the team at Flare Networks with respect to supporting the Spark token airdrop event.
- Binance
- Kraken
- Bitbank
- SBI’s VC Trade
- eToro
- GMO Coin
The team at Flare Networks also confirmed via Twitter, that they were in talks with Kraken and Binance with regards to supporting the Spark Token airdrop.
Support is not confirmed but Flare is in conversation with @krakenfx & @binance & @BinanceUS @cz_binance https://t.co/NGJLdpdMZZ
— Flare (@FlareNetworks) October 17, 2020
Spark Token Airdrop Could Push XRP to $0.30
In terms of market performance ahead of the Spark Token snapshot on the 12th of December, XRP is still attempting to break the $0.26 resistance area amidst the current bullishness in the crypto markets. Last week saw Bitcoin break the $12k and $13k resistance levels in quick succession due to the double news of PayPal offering crypto services and the management of the company looking into acquiring crypto companies such as BitGo.
The general bullishness of this past week has resulted in other prominent digital assets such as Ethereum and LINK breaking $400 and $12 respectively. In the case of XRP, the digital asset managed to pump to $0.264 – Binance rate.
However, XRP is currently trading at $0.254. If the current crypto market bullishness is sustained into the holiday season, XRP could very much find the momentum to retest $0.30 as investors rush to accumulated the digital asset ahead of the December 12th snapshot for the Spark Token airdrop.
