TON vs XRP
TON 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
| TON | XRP | |
|---|---|---|
| Created by | Nikolai and Pavel Durov | Jed McCaleb, Arthur Britto and David Schwartz |
| Native token | TON | XRP |
| Consensus algorithm | PoS | RPCA |
| Hashing algorithm | KECCAK-256 | RPCA |
| Supports EVM | No | No |
| TPS | 1000000 | 1500 |
| Block time (secs) | 5 | 10 |
| Layer | 1 | 1 |
| Supports smart contracts | Yes | No |
| Average transaction fee | $0.012375 | $0.0002 |
| Staking rewards (APR) | 6.85% | 3.03% |
High-level Comparisons
Is TON faster than XRP?
Yes, TON can process 1000000 transactions per second. XRP only processes up to 1500.
Is TON cheaper than XRP?
Yes, TON has an average transaction fee of $0.012375, whereas XRP costs $0.0002.