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The XRP price is consolidating within a narrowing range near the resistance level, with reduced retracement indicating weakened selling pressure. Institutional demand remains strong, with continued inflows into spot XRP ETF and reduced exchange outflows easing immediate selling pressure and circulation. Traders are watching for the possibility of a price breakout above 1.50 or a drop below 1.39, as the current compressed range may signal significant volatility ahead.

【Progress Update! China’s Largest Single-Unit Capacity “Super Power Bank” No. 3 Unit Successfully Commissioned】Golden Ten Data, April 25—According to information from China Three Gorges Corporation, the 3rd unit of Zhejiang Tiantai Pumped Storage Power Station, the pumped storage power station with the largest single-unit capacity in China, has been successfully put into operation, laying a solid foundation for the plant to achieve full-capacity commissioning in June this year. With a total installed capacity of 1.7 million kilowatts, the Zhejiang Tiantai Pumped Storage Power Station consists of an upper reservoir, lower reservoir, water conveyance system, and an underground powerhouse. The plant is equipped with four reversible pump-turbine generator units, each with a single-unit capacity of 425 thousand kilowatts. Not only does this single-unit capacity rank first among similar projects under construction worldwide, but the fixed head difference between the upper and lower reservoirs reaches 724 meters—the highest among all pumped storage power stations currently under construction.

Some analysts have pointed out that by the end of this year, Colombia’s Consumer Price Index will reach 6.3%, entering a state of severe inflation. To counter inflationary pressure, the Central Bank of Colombia announced at the end of March that it would raise the interest rate to 11.25%.