XRP vs Monero

XRP and Monero 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

XRPMonero
Created byJed McCaleb, Arthur Britto and David SchwartzRiccardo Spagni
Native tokenXRPXMR
Consensus algorithmRPCAPoW
Hashing algorithmRPCArandomx
Supports EVMNoNo
TPS15001700
Block time (secs)10120
Layer11
Supports smart contractsNoNo
Average transaction fee$0.0002$0.001
Staking rewards (APR)3.03%%

High-level Comparisons

Is XRP faster than Monero?

No, XRP only processes 1500 transactions per second. Monero processes up to 1700.

Is XRP cheaper than Monero?

No, XRP has an average transaction fee of $0.0002, whereas Monero costs $0.001.