Zebec Network (ZBCN), a decentralized infrastructure platform enabling real-time, continuous payment streams, has announced an exclusive reward program for XRP (XRP) holders on the Uphold exchange. The distribution is scheduled to begin this week.

This reward program comes amid heightened interest in Zebec Network, driven by unconfirmed reports of a potential partnership with Ripple, the company behind XRP. 

Zebec Network’s New Reward Program Targets XRP Holders

The announcement was made via Zebec’s official X account on June 16, 2025. It emphasized that only users holding over $50,000 in XRP will qualify for the ZBCN reward.

“From Zebec’s ecosystem to XRP holders on Uphold — with love, and ZBCN. Holding $50,000+ in XRP? We see you. We reward you. We invite you to get to know us,” the post read.

Meanwhile, the Uphold website provided detailed instructions outlining the eligibility requirements for the ZBCN promotion. To qualify, participants must hold at least $50,000 in XRP in their Uphold wallet by June 11, 2025, at midnight EDT. The promotion is open to US residents (excluding those in New York and Florida) registered on the Uphold platform.

Participants must be at least 18. They should also be active on the Uphold platform, having completed identity verification (IDV) and the necessary Know Your Customer (KYC) steps.

The total prize pool for the promotion is $100,000. The prize is non-transferable and cannot be assigned or substituted. Each eligible user will receive one prize, with the amount distributed proportionally according to the total number of eligible participants.

“The prize will be delivered to the winner’s account on the Uphold platform into their ZBCN sub-account within thirty (30) days after the Promotional Period ends,” Uphold noted.

The announcement follows ZBCN’s triple-digit rally last month, which saw it make a new all-time high (ATH) of $0.007. BeInCrypto reported that the value appreciated by 298.3% in a month amid strategic acquisitions and partnerships. 

One key factor behind this rally was also rumors of Zebec Network working with Ripple. However, to date, neither party has confirmed an official partnership.

Nonetheless, the momentum fueled by these catalysts has cooled down since then. The altcoin has plunged after hitting a price peak and is now down 36.9% from its ATH.

BeInCrypto data showed that over the past 14 days, the altcoin has dipped 13.6%.  At the time of writing, ZBCN’s trading price was 0.004, down 2.5% over the past 24 hours.