Monero vs XRP
Monero 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
| Monero | XRP | |
|---|---|---|
| Created by | Riccardo Spagni | Jed McCaleb, Arthur Britto and David Schwartz |
| Native token | XMR | XRP |
| Consensus algorithm | PoW | RPCA |
| Hashing algorithm | randomx | RPCA |
| Supports EVM | No | No |
| TPS | 1700 | 1500 |
| Block time (secs) | 120 | 10 |
| Layer | 1 | 1 |
| Supports smart contracts | No | No |
| Average transaction fee | $0.001 | $0.0002 |
| Staking rewards (APR) | 0% | 3.03% |
High-level Comparisons
Is Monero faster than XRP?
Yes, Monero can process 1700 transactions per second. XRP only processes up to 1500.
Is Monero cheaper than XRP?
Yes, Monero has an average transaction fee of $0.001, whereas XRP costs $0.0002.