The Ripple price is sure taking its time with a spike, as the token has slipped into correction all week. Despite the apparent settlement of the ongoing lawsuit with the SEC and the hype around XRP ETFs, Ripple doesn't seem to be on an uptrend just yet.

There may be several reasons for Ripple’s non-responsiveness to the positive sentiments around the project, but one of them is definitely competition from Remittix, the budding PayFi project. Remittix's potential places it as a top choice for investment, and it's use cases are attracting traders from all over the crypto market.

What's new about Remittix, and how is it a competitor to Ripple? We have answers here–stay tuned!

Ripple Labs Settle For $50 Million Fine

The Ripple Labs project has reached a fine settlement with the SEC, …