XRP Faces Fresh Competition in South Korea—Can It Still Hit $3?

Ripple’s XRP just got a new challenger in one of crypto’s most bullish markets. South Korea’s latest blockchain upstart is gunning for cross-border payments—and stealing headlines.

Price targets haven’t budged though. Analysts still whisper about XRP’s $3 potential, despite regulatory headwinds and that pesky ’security’ label the SEC won’t drop. Classic crypto: ignore the fundamentals, worship the line go up.

Will the Korean rival force a reckoning? Or is this just another ’ETH killer’ destined for the graveyard? Grab popcorn—the remittance wars just got spicy.

XRP Token Records Increased Volatility This Week

As per the latest news, XRP has just surpassed Tether to become the 03rd most-valued cryptocurrency with a market capitalization of $151.29 billion. With this, the XRP price is currently exchanging hands at $2.60 for the first time since March 2025. This recent surge gives birth to multiple theories by marketers.

📈 XRP has just surpassed Tether for the #3 market cap spot among all cryptocurrencies. The asset’s market value is now back above $2.61 for the first time since March 6th. There are a few attributable reasons that the popular altcoin has enjoyed a mild decoupling from the pack:… pic.twitter.com/KlqRt15LUY

As per the latest reports under House bill 594, Missouri is the first state in the United States of America to offer a full income tax deduction on all capital gains on assets such as Bitcoin and XRP profits. Furthermore, xrp price has jumped over 11% this year alone to $2.61. Moreover, XRP is now accepted as a payment method on Travala.

JUST IN: 🇰🇷 South Korea’s retail trading is being dominated by $XRP ($278 million) and $DOGE ($300 million) – Upbit. pic.twitter.com/CA3Ni6WGFO

On the other hand, XRP token gets surpassed by Dogecoin in South Korea’s retail trading. While Ripple’s XRP records $278 million in trading volume on Upbit, the DOGE memecoin records $300 million during the same period.

What’s Next for XRP and DOGE Memecoin This Week?

Considering the present market sentiments, a sustained bullish action could result in the price of XRP crypto token breaching its immediate resistance level of $2.75 and head toward its upper target price of $3. However, a bearish reversal could pull the price toward its low of $2.25 in the upcoming time.

On the other hand, if the market favors the memecoin market, the Dogecoin price could retest its resistance level of $0.30. On the contrary, increased liquidation could pull it toward its low of $0.18 during the coming days.

Also Read: XRP Meets New Rival in South Korea: $3 Target Still Possible?