XRP price is above the $0.50 level on Wednesday, a key support for the altcoin in its comeback from the recent decline. While the New York financial regulator dropped Ripple XRP from its “greenlist,” the move failed to dampen the recovery of XRP. Ripple XRP was among one of the assets dropped from the list. While XRP holders and market participants expected a negative impact on the altcoin’s price, the asset continued its recovery and analysts set a target of $1.31 for the cryptocurrency.
Ripple’s XRP token removal from the NYDFS’s greenlist on Monday turned out to be a non-event for the altcoin. Market participants noted that except Bitcoin, Ethereum and a handful of stablecoins, no other cryptocurrencies feature on the list.Optimism, an Ethereum Layer 2 blockchain powered by OP, has started to distribute its token to eligible wallet addresses in the third round of its airdrop.
OP price gains 2% on the day, although the token appears to be on a downward trend. Optimism’s third airdrop is aimed at rewarding positive sum contributors to the Optimism Collective DAO, the blockchain said in a statement on X . The Ethereum Layer 2 chain informed market participants that there is no claims page for the airdrop. The project is directly transferring OP tokens to eligible wallet addresses.
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