XRP vs Solana

XRP and Solana 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 SchwartzAnatoly Yakovenko
Native tokenXRPSOL
Consensus algorithmRPCAPoH
Hashing algorithmRPCASHA-256
Supports EVMNoNo
Block time (secs)100.4
Supports smart contractsNoYes
Average transaction fee$0.0002$0.00025
Staking rewards (APR)3.03%7%

High-level Comparisons

Is XRP faster than Solana?

No, XRP only processes 1500 transactions per second. Solana processes up to 65000.

Is XRP cheaper than Solana?

No, XRP has an average transaction fee of $0.0002, whereas Solana costs $0.00025.