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Crypto

SEC Guidance Boosts XRP to New Heights

Guavy AI Editorial Team
Instruments
XRP
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XRP's price surged to $1.54 this week after regulators offered fresh crypto guidance.

The move came as the SEC staff published answers addressing token buybacks, staking receipts, network maintenance, and promotional claims.

The CLARITY Act failed to pass earlier this month, leaving its proposed market rules stalled.

Kalshi Traders forecast XRP could reach $1.70 in September, with a separate contract for the token rising above that level remaining uncertain.

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