XRP vs Avalanche
XRP and Avalanche 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
XRP | Avalanche | |
---|---|---|
Created by | Jed McCaleb, Arthur Britto and David Schwartz | Emin Gün Sirer, Kevin Sekniqi, and Ted Yin |
Native token | XRP | AVAX |
Consensus algorithm | RPCA | PoS |
Hashing algorithm | RPCA | KECCAK-256 |
Supports EVM | No | Yes |
TPS | 1500 | 4500 |
Block time (secs) | 10 | 2 |
Layer | 1 | 0 |
Supports smart contracts | No | Yes |
Average transaction fee | $0.0002 | $0.12 |
Staking rewards (APR) | 3.03% | 8.96% |
High-level Comparisons
Is XRP faster than Avalanche?
No, XRP only processes 1500 transactions per second. Avalanche processes up to 4500.
Is XRP cheaper than Avalanche?
No, XRP has an average transaction fee of $0.0002, whereas Avalanche costs $0.12.