BNB Chain vs XRP
BNB Chain 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
| BNB Chain | XRP | |
|---|---|---|
| Created by | Changpeng Zhao | Jed McCaleb, Arthur Britto and David Schwartz |
| Native token | BNB | XRP |
| Consensus algorithm | PoS | RPCA |
| Hashing algorithm | KECCAK-256 | RPCA |
| Supports EVM | Yes | No |
| TPS | 2200 | 1500 |
| Block time (secs) | 3 | 10 |
| Layer | 1 | 1 |
| Supports smart contracts | Yes | No |
| Average transaction fee | $0.35 | $0.0002 |
| Staking rewards (APR) | 0% | 3.03% |
High-level Comparisons
Is BNB Chain faster than XRP?
Yes, BNB Chain can process 2200 transactions per second. XRP only processes up to 1500.
Is BNB Chain cheaper than XRP?
Yes, BNB Chain has an average transaction fee of $0.35, whereas XRP costs $0.0002.