The XRP blockchain is a public, open-source ledger of all XRP transactions. The blockchain is distributed network of computers that are constantly and automatically updated by the actions of users. Each node (a computer connected to the blockchain network) keeps a copy of the blockchain that it receives when it joins the network.

Solana is a blockchain technology that is being developed by scientists and technologists at the National Renewable Energy Laboratory. The Solana blockchain is designed to facilitate transactions of high volumes of data in a fast and secure way. This could have implications in many industries, including finance, information technology, health care and the internet of things (IOT).

	XRP	Solana
Created by	Jed McCaleb, Arthur Britto and David Schwartz	Anatoly Yakovenko
Native token	XRP	SOL
Consensus algorithm	RPCA	PoH
Hashing algorithm	RPCA	SHA-256
Supports EVM	No	No
TPS	1500	65000
Block time (secs)	10	0.4
Layer	1	1
Supports smart contracts	No	Yes
Average transaction fee	$0.0002	$0.00025
Staking rewards (APR)	3.03%	7%

XRP vs. Solana

Overview

Table of Contents

Comparison

Is XRP faster than Solana?

Is XRP cheaper than Solana?