XRP Poised to Challenge BTC and ETH as Korean Bank Embraces Ripple Payments

Ripple's XRP token is gaining momentum as it prepares for a potential major breakout against Bitcoin (BTC) and Ether (ETH). Analyst Dark Defender suggests that the XRP-ETH pair may be completing its Wave 4 correction, setting the stage for a powerful Wave 5 move.

The analyst expects Ether to have some near-term upside but believes that once this move is complete, XRP will take center stage. He forecasts that XRP could eventually overtake both BTC and ETH in market dominance.

This comes as Ripple has added Jeonbuk Bank to its list of Korean partners, with the regional lender becoming the first in the country to use Ripple Payments for cross-border remittances.