XRP vs BNB Chain
XRP and BNB Chain 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 | BNB Chain | |
|---|---|---|
| Created by | Jed McCaleb, Arthur Britto and David Schwartz | Changpeng Zhao |
| Native token | XRP | BNB |
| Consensus algorithm | RPCA | PoS |
| Hashing algorithm | RPCA | KECCAK-256 |
| Supports EVM | No | Yes |
| TPS | 1500 | 2200 |
| Block time (secs) | 10 | 3 |
| Layer | 1 | 1 |
| Supports smart contracts | No | Yes |
| Average transaction fee | $0.0002 | $0.35 |
| Staking rewards (APR) | 3.03% | % |
High-level Comparisons
Is XRP faster than BNB Chain?
No, XRP only processes 1500 transactions per second. BNB Chain processes up to 2200.
Is XRP cheaper than BNB Chain?
No, XRP has an average transaction fee of $0.0002, whereas BNB Chain costs $0.35.