XRP vs Optimism

XRP and Optimism 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

XRPOptimism
Created byJed McCaleb, Arthur Britto and David SchwartzJinglan Wang, Benjamin Jones, Karl Floersch, and Kevin Ho
Native tokenXRPOP
Consensus algorithmRPCAPoS
Hashing algorithmRPCAKECCAK-256
Supports EVMNoYes
TPS15004000
Block time (secs)102
Layer12
Supports smart contractsNoYes
Average transaction fee$0.0002$0.141
Staking rewards (APR)3.03%%

High-level Comparisons

Is XRP faster than Optimism?

No, XRP only processes 1500 transactions per second. Optimism processes up to 4000.

Is XRP cheaper than Optimism?

No, XRP has an average transaction fee of $0.0002, whereas Optimism costs $0.141.