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Since July, market focus regarding XRP has increasingly shifted toward positive regulatory developments. Progress on the "CLARITY Act" has heightened expectations for regulatory transparency, likely further boosting institutional investor confidence. Meanwhile, the assets under management for XRP spot ETFs are steadily approaching the $1 billion mark, reflecting a continuous inflow of institutional capital. From a technical perspective, $1.12 serves as a critical short-term breakout level; if the price successfully holds above this point, it could challenge the $1.15 and $1.20 levels.

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