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Zebec Network has launched an exclusive $100,000 reward program targeting XRP holders with balances of $50,000 or more on the Uphold platform.
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The program requires participants to meet strict eligibility criteria, including KYC verification and residency restrictions, to qualify for the rewards.
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Despite rumors of a Ripple partnership fueling Zebec’s recent price surge, no official confirmation has been made, according to COINOTAG sources.
Zebec Network unveils a $100K reward program for XRP holders on Uphold, amid price rally and Ripple partnership rumors, with strict eligibility criteria.
Zebec Network’s $100,000 Reward Program Incentivizes High-Value XRP Holders
Zebec Network (ZBCN), a decentralized platform specializing in real-time payment streams, recently announced a targeted reward initiative designed to engage XRP holders on the Uphold exchange. This program specifically rewards users holding a minimum of $50,000 in XRP, emphasizing Zebec’s strategic focus on high-net-worth participants within the crypto ecosystem.
The announcement, made via Zebec’s official X account on June 16, 2025, highlights the company’s intent to foster community engagement and brand loyalty. The reward pool totals $100,000, distributed proportionally among qualifying participants, reinforcing Zebec’s commitment to incentivizing substantial XRP holders.
Eligibility Criteria and Participation Details for XRP Holders
To participate, XRP holders must meet several stringent requirements outlined on the Uphold platform. Eligibility mandates holding at least $50,000 in XRP by June 11, 2025, at midnight EDT, alongside completing all necessary identity verification (IDV) and Know Your Customer (KYC) procedures. Notably, the promotion excludes residents of New York and Florida, reflecting regulatory compliance considerations.
Participants must be registered Uphold users aged 18 or older and maintain active accounts. The rewards will be credited directly to winners’ ZBCN sub-accounts within 30 days following the promotional period’s conclusion, ensuring a streamlined distribution process.
Market Impact and Ripple Partnership Speculation
Zebec Network’s recent price performance has been notably volatile, with a remarkable 298.3% surge last month that propelled ZBCN to a new all-time high of $0.007. This rally was partly driven by strategic acquisitions and partnership announcements, alongside widespread speculation regarding a potential collaboration with Ripple, the company behind XRP.
Despite the market enthusiasm, neither Zebec Network nor Ripple has officially confirmed any partnership, leaving the rumors unsubstantiated. Following the peak, ZBCN experienced a correction, declining approximately 36.9% from its ATH, reflecting typical market dynamics after rapid price appreciation.
Recent Price Trends and Future Outlook for ZBCN
Data from COINOTAG indicates that over the past two weeks, ZBCN has decreased by 13.6%, with a current trading price near $0.004, down 2.5% in the last 24 hours. This volatility underscores the challenges faced by altcoins in sustaining momentum post-rally.
While the reward program may stimulate renewed interest among XRP holders, the broader market sentiment remains cautious. Investors are advised to monitor Zebec Network’s developments closely, particularly any official announcements regarding partnerships or platform enhancements.
Conclusion
Zebec Network’s $100,000 reward program represents a strategic effort to engage high-value XRP holders on Uphold, leveraging community incentives amid a fluctuating market environment. Although rumors of a Ripple partnership have contributed to recent price volatility, the absence of official confirmation necessitates prudent investor consideration. Moving forward, Zebec’s ability to sustain growth will likely depend on transparent communication and tangible ecosystem advancements.
