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flag XRP holds steady at $3.05, facing competition and regulatory challenges amid bullish hopes.

flag XRP's price remains steady around $3.05 as bullish investors hope for a potential breakout. flag Despite promising growth, XRP enthusiasts should be cautious due to intense competition from Ethereum and emerging challengers like Circle's Arc and Stripe's Tempo. flag Regulatory clarity and institutional adoption have bolstered XRP's position, but analysts caution that extreme price predictions require exceptional market conditions. flag The cryptocurrency's future depends on maintaining market share and overcoming key technical and competitive hurdles.

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