XRP vs Polygon

XRP and Polygon 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

Created byJed McCaleb, Arthur Britto and David SchwartzJaynti Kanani, Sandeep Nailwa, Anurag Arjun, and Mihailo Bjelic
Native tokenXRPMATIC
Consensus algorithmRPCAPoS
Hashing algorithmRPCAKECCAK-256
Supports EVMNoYes
Block time (secs)102
Supports smart contractsNoYes
Average transaction fee$0.0002$0.018
Staking rewards (APR)3.03%4.78%

High-level Comparisons

Is XRP faster than Polygon?

No, XRP only processes 1500 transactions per second. Polygon processes up to 7000.

Is XRP cheaper than Polygon?

No, XRP has an average transaction fee of $0.0002, whereas Polygon costs $0.018.