Bill Fisher, the Creative Director for Rift made a big announcement today. On June 12, the next Rift patch, 2.3 will be released and with that Rift will become Free to Play. That means that the whole game will be free for everyone with a cash store available to purchase special items like mounts, storage, role slots, costumes etc. A subscription will still be available with subscribers known as Patrons. Patrons will receive bonus currency and other items each month. An additional currency will be introduced into the game called REX which can be purchased for real money but will be trade-able in game for platinum/gold etc.
Patch 2.3 will finally see the opening of the huge zone, Dendrome. There will be a new 10-man Sliver, chronicle, rift challenge called strongholds and open world raid bosses.