Solana vs XRP

Solana 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 byAnatoly YakovenkoJed McCaleb, Arthur Britto and David Schwartz
Native tokenSOLXRP
Consensus algorithmPoHRPCA
Hashing algorithmSHA-256RPCA
Supports EVMNoNo
Block time (secs)0.410
Supports smart contractsYesNo
Average transaction fee$0.00025$0.0002
Staking rewards (APR)7%3.03%

High-level Comparisons

Is Solana faster than XRP?

Yes, Solana can process 65000 transactions per second. XRP only processes up to 1500.

Is Solana cheaper than XRP?

Yes, Solana has an average transaction fee of $0.00025, whereas XRP costs $0.0002.