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XRP's Price Holds Steady at $1 Amid Growing Institutional Demand

Guavy AI Editorial Team
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XRP
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XRP's price has remained steady at $1 as institutional demand for regulated investment products, such as exchange-traded funds (ETFs), continues to grow.

The recent weakness in XRP's price has sparked speculation about the formation of a potential bottom.

Ash Crypto notes that XRP ended the week with another weak close, marking its lowest point on the weekly timeframe in nearly two years.

XRP traded at $1.00 with a 24-hour trading volume of $851.49 million and a market capitalization of $63.03 billion.

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