Avalanche vs. XRP
In this article we'll compare Avalanche and XRP. This is an indepth review that considers many metrics.
Overview
Avalanche | XRP | |
---|---|---|
Created by | Emin Gün Sirer, Kevin Sekniqi, and Ted Yin | Jed McCaleb, Arthur Britto and David Schwartz |
Native token | AVAX | XRP |
Consensus algorithm | PoS | RPCA |
Hashing algorithm | KECCAK-256 | RPCA |
Supports EVM | Yes | No |
TPS | 4500 | 1500 |
Block time (secs) | 2 | 10 |
Layer | 0 | 1 |
Supports smart contracts | Yes | No |
Average transaction fee | $0.12 | $0.0002 |
Staking rewards (APR) | 8.96% | 3.03% |
Table of Contents
Comparison
Is Avalanche faster than XRP?
Yes, Avalanche processes 4500 transactions per second, whereas XRP only processes 1500.
Is Avalanche cheaper than XRP?
Yes, Avalanche has an average transaction fee of $0.12, whereas XRP costs $0.0002.