Why XRPL is one of the fastest blockchains
| Network | TPS | Settlement | Avg Fee | Consensus |
|---|---|---|---|---|
| XRP Ledger | 1,500 | 3-5 sec | $0.0002 | Consensus |
| Solana | 65,000* | ~0.4 sec | $0.00025 | PoS + PoH |
| Ethereum | 15-30 | 12-60 sec | $1-50 | Proof of Stake |
| Bitcoin | 7 | 10-60 min | $1-20 | Proof of Work |
| Visa | 65,000 | 1-3 days** | ~2.5% | Centralized |
*Solana's theoretical max; actual throughput varies and has experienced outages.
**Visa transactions appear instant but actual bank settlement takes 1-3 days.
How many transactions each network can process per second:
XRP doesn't use energy-intensive mining. Instead, trusted validators reach agreement in ~4 seconds through the XRP Ledger Consensus Protocol. No waiting for blocks to be mined.
When an XRP transaction is confirmed, it's final. No need to wait for 6 confirmations like Bitcoin. Once settled, it cannot be reversed or rolled back.
XRP transactions are small and efficient. The network is optimized for payment transactions, not complex smart contracts that slow down other chains.
Over 150+ validators worldwide process transactions simultaneously. No single point of failure, and geographic distribution minimizes latency.
The XRP Ledger processes 1-2 million transactions daily with room to spare. Key stats: