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Ripple and XRP Update: Institutional Partnerships and Price Decline

Standard Chartered and Evernorth launched institutional custody and trading for Ripple's stablecoin and NASDAQ, respectively. Ripple expanded its offerings with 24/7 real-world asset perpetual swaps for institutional clients. Despite these developments, XRP's price declined, hitting a monthly low of $1.27, with analysts suggesting potential buying zones and future bullish scenarios.

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