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
Comparing Metrics
| XRP | Monero | |
|---|---|---|
| Created by | Jed McCaleb, Arthur Britto and David Schwartz | Riccardo Spagni |
| Native token | XRP | XMR |
| Consensus algorithm | RPCA | PoW |
| Hashing algorithm | RPCA | randomx |
| Supports EVM | No | No |
| TPS | 1500 | 1700 |
| Block time (secs) | 10 | 120 |
| Layer | 1 | 1 |
| Supports smart contracts | No | No |
| 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.