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Coinbase to Support Spark Token Airdrop to XRP Holders

Coinbase announced Saturday it plans to support an upcoming airdrop that has been seen as a factor in boosting XRP’s price in recent weeks.

The San Francisco-based exchange said in a blog post that Coinbase customers with XRP (XRP, +4.27%) balances as of midnight UTC on Dec. 12, 2020 will receive Spark tokens from Coinbase at a later date.

“The amount of Spark you’ll receive depends on how much XRP you had in your account at the snapshot time,” Coinbase wrote. Details about the airdrop will be posted this week, a company spokesperson told CoinDesk…

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Ripple Chief Excited About Future of Flare Networks Amid Imminent XRP Airdrop

Ripple CEO Brad Garlinghouse says he believes XRP investors have good reason to be excited about the launch of Flare’s smart contract system and the upcoming Spark token airdrop for owners of the third-largest cryptocurrency.

In a new interview with CNN, Garlinghouse says Flare’s push to bring smart contracts to the XRP Ledger shows the flexibility and utility of digital assets…

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