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

  1. Metrics
  2. Comparison

Comparing Metrics

XRPBNB Chain
Created byJed McCaleb, Arthur Britto and David SchwartzChangpeng Zhao
Native tokenXRPBNB
Consensus algorithmRPCAPoS
Hashing algorithmRPCAKECCAK-256
Supports EVMNoYes
TPS15002200
Block time (secs)103
Layer11
Supports smart contractsNoYes
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.