Avalanche vs XRP
Avalanche and XRP are two popular blockchains. In this article we'll compare them across a variety of metrics. Both blockchains have their own strengths and weaknesses, and we'll explore them below.
Table of Contents
Comparing Metrics
Avalanche | XRP | |
---|---|---|
Created by | Emin Gün Sirer, Kevin Sekniqi, and Ted Yin | Jed McCaleb, Arthur Britto and David Schwartz |
Native token | AVAX | XRP |
Consensus algorithm | PoS | RPCA |
Hashing algorithm | KECCAK-256 | RPCA |
Supports EVM | Yes | No |
TPS | 4500 | 1500 |
Block time (secs) | 2 | 10 |
Layer | 0 | 1 |
Supports smart contracts | Yes | No |
Average transaction fee | $0.12 | $0.0002 |
Staking rewards (APR) | 8.96% | 3.03% |
High-level Comparisons
Is Avalanche faster than XRP?
Yes, Avalanche can process 4500 transactions per second. XRP only processes up to 1500.
Is Avalanche cheaper than XRP?
Yes, Avalanche has an average transaction fee of $0.12, whereas XRP costs $0.0002.