XRP is challenging Bitcoin's dominance on South Korea's largest exchange, Upbit, as its reserves approach Bitcoin's in total USD value. This shift, which began in December 2024, underscores XRP's growing significance in the global crypto market, driven by its lower price and Ripple's focus on real-world payment solutions. The UK International Journal of Economics has recognized XRP for its integration with traditional financial systems, highlighting its utility beyond mere speculation. This acknowledgment positions XRP as a leading example of blockchain's practical applications, potentially influencing market sentiment towards utility-driven assets.