Polygon vs XRP

Polygon 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

  1. Metrics
  2. Comparison

Comparing Metrics

Created byJaynti Kanani, Sandeep Nailwa, Anurag Arjun, and Mihailo BjelicJed McCaleb, Arthur Britto and David Schwartz
Native tokenMATICXRP
Consensus algorithmPoSRPCA
Hashing algorithmKECCAK-256RPCA
Supports EVMYesNo
Block time (secs)210
Supports smart contractsYesNo
Average transaction fee$0.018$0.0002
Staking rewards (APR)4.78%3.03%

High-level Comparisons

Is Polygon faster than XRP?

Yes, Polygon can process 7000 transactions per second. XRP only processes up to 1500.

Is Polygon cheaper than XRP?

Yes, Polygon has an average transaction fee of $0.018, whereas XRP costs $0.0002.