XRP vs Ethereum

XRP and Ethereum 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

XRPEthereum
Created byJed McCaleb, Arthur Britto and David SchwartzVitalik Buterin
Native tokenXRPETH
Consensus algorithmRPCAPoS
Hashing algorithmRPCAKECCAK-256
Supports EVMNoYes
TPS150027
Block time (secs)1012
Layer11
Supports smart contractsNoYes
Average transaction fee$0.0002$17.48
Staking rewards (APR)3.03%3.31%

High-level Comparisons

Is XRP faster than Ethereum?

Yes, XRP can process 1500 transactions per second. Ethereum only processes up to 27.

Is XRP cheaper than Ethereum?

Yes, XRP has an average transaction fee of $0.0002, whereas Ethereum costs $17.48.