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- Ripple philanthropy via the Pledge 1% program has now surpassed $250 million, reinforcing social impact mission.
- Institutional adoption and partnerships continuesly to drive XRP’s market activity and utility.
According to the most recent records from the 2024 Ripple Impact Report and public statements from Pledge 1%, Ripple has now distributed more than US$ 200 million globally toward social‑impact causes since 2018. The company’s commitment to the pledge network recently materialized in a spotlight of the Nasdaq Tower, underscoring the firm’s stature as a “Builder” in Pledge 1%.
In brief, the showcase of Ripple on the Nasdaq Tower recognizes its philanthropic contributions exceeding $250 million through the Pledge 1% program, displaying its true commitment to supporting nonprofits and educations include universities worldwide. Thus, the purpose of the initiative is to supporting blockchain and cryptocurrency to drive social impact while engaging its team and partners in year‑round charitable efforts.
In a post on X, Ripple acknowledged the moment, stating:
We’re proud to be part of the @PledgeOne network this #GivingTuesday, and featured on the Nasdaq Tower for our commitments to giving back and using crypto for good.
At the same time, Pledge 1% also celebrated Ripple’s wider impact, noting how the company involves its team, partners, and the blockchain community in giving. According to the organization statement,
One of our newest Builders @Ripple has leveraged their Pledge 1% program to engage their team and donate more than $250 M to nonprofits and universities globally.
These statements, therefore according to the Ripple Impact Report 2024, suggest Ripple’s charitable footprint may have recently crossed the $250 million threshold, although its 2024 internal report still cites “$200M+ donated since 2018.”
XRP Price Momentum with Corporate Adoption
Following our previous highlights, NASDAQ-listed Reliance Global Group expanded its crypto treasury with XRP, signaling stronger institutional confidence in the token. In addition, Ripple’s December 2 partnership with RedotPay now allows near-instant naira conversions in Nigeria, cutting bank fees by 7–10% along a $40 billion remittance corridor.
According to Coindex data, XRP’s ledger processes transfers in 3–5 seconds at just $0.0002 per hop, reducing costs by up to 60% and boosting regional on-chain activity by 12%. Meanwhile, Ripple’s Singapore license expansion on December 1 opens $1.5 trillion in annual payments. As revealed by LiteFinance data, RLUSD and XRP flows under strict compliance could capture 5–10% of cross-border volume, with settlements 10× faster than SWIFT. ETF inflows, including XRPI and XRPR, added $756 million, tightening supply after a 34% drop in exchange reserves and supporting price momentum.
As of now, XRP trades at the price of $2.18 USD, increasing up to 7.73% over the past day and 0.3% over the past week, according to Coin Market Cap data. See XRP price chart below.
