Cardano (ADA) vs Ripple (XRP) Comparison | Which One Is the Better Investment?
This article will compare two coins with nearly the same market cap. They are among the top 10 cryptocurrencies while not being quite the same in terms of functionality. What makes them a bit similar is that both brands work with entities that initially were not associated with cryptocurrencies. Ripple works closely with banks, and Cardano works with all kinds of organizations and is already used by governments. Let's see the features of these coins and which is the better investment for you.
What Is Cardano?
Cardano is a blockchain-based ecosystem that can host and run decentralized apps (dApps) and smart contracts. In terms of functionality, it resembles Ethereum, but unlike the latter, Cardano was created with the potential for scalability and high operation speed in mind. Bitcoin and Ethereum are both relatively slow networks. It makes their adoption a more challenging task. Cardano is more suitable for everyday use.
The platform was launched in 2015. One of the key creators of Cardano is Charles Hoskinson, one of the Ethereum co-founders. Unlike Buterin, he was positive about making Ethereum a commercial project. That's why Hoskinson was omitted from the Ethereum team, and also, that's why Cardano was more inclusive in terms of sponsorships and partnerships.
The native token of the Cardano ecosystem is ADA. As of July 2022, the token's market cap exceeds $15 billion. Several governments use Cardano to handle data, while celebs and global brands use the apps built on Cardano. It's safe to say that Cardano is a successful project, and it continues its growth and development.
What Is Ripple?
Ripple is a payment protocol. It uses a cryptocurrency called XRP, which is often called Ripple, although that's not entirely correct. The platform was launched in 2012 in the US. Ripple was among the first significant cryptocurrency brands to cooperate with banks and financial institutions, which was unusual for the cryptocurrency industry at that period. Some criticized Ripple for relative centralization, while others praised the fast speed of the network and low fees.
In 2017 and 2018, Ripple was a scorching topic online. At some point, XRP's market cap was the second biggest after Bitcoin's. 2020 wasn't that bright for Ripple, and the coin went below its usual third position in the rating. Also, 2020 was the year when Ripple went under attack from the SEC and was delisted by Coinbase. As of July 2022, XRP holds the 7th position with a market cap exceeding $15 billion.
Cardano vs. Ripple (table)
| Factor | Cardano (ADA) | Ripple (XRP) |
| The price as of July 2022 | $0.45 | $0.31 |
| Market cap as of July 2022 | $15.2 billion | $15.3 billion |
| Rank as of July 2022 | #8 | #7 |
| All-time high | $3.09 (September 2, 2021) | $3.4 (January 7, 2018) |
| Decline (compared to all-time high) | 85.4% | 90.7% |
| All-time low | $0.019 (March 13, 2020) | $0.00268 (May 22, 2014) |
| Growth (compared to an all-time low) | 2,234.1% | 11,669% |
| Popular markets | Binance, Digifinex, Upbit, Coinbase, HitBTC | Binance, Upbit, Bitget, HitBTC, FMFW.io |
| Platform | Cardano | Ripple |
| Consensus mechanism | Proof-of-Stake | Ripple Protocol Consensus Algorithm (RPCA) |
| Products | IOHK, EMURGO | Ripple Academia, SBI Ripple Asia |
| Use cases | Smart contracts, dApps, data, financial operations | Financial operations |
Cardano vs. Ripple (details)
The price and the market cap
In terms of market cap, ADA and XRP are the closest rivals. As of July 2022, both cryptocurrencies have a market cap of around $15 billion and occupy the 7th and the 8th positions in the rating. The prices for both coins are in the same zone – between 30 and 50 cents per coin. In general, ADA tends to have a higher price than XRP. The latter never reached a 90 cents mark in the latest 180 days, while ADA crossed the $1 line several times in the same period of time.
One may suggest that XRP's best days are gone. The coin reached its all-time high back in 2018. ADA had its highest price in September of 2021. Both ATHs were about the same – between $3 and $3.5. In general, it seems that ADA performs better than XRP as of now. Not that we are claiming that XRP has no future, but Cardano's coin price trajectory appears to be more promising.
Popular markets
It is not hard to guess that as the market leaders, both coins are heavily presented on crypto exchanges. What is less obvious is that because of legal issues with Ripple, XRP was dropped by the largest US exchange Coinbase. In this sense, Cardano (ADA) has a more solid presence on the market. It's worth saying, though, that a single huge exchange delisting XRP is not a tragedy for the future of this coin. Even in the US, XRP is available on many top exchanges, including Kraken and many others.
Platform
Both ecosystems are based on their custom platforms. It makes them independent and robust compared to rivals building their platforms on top of third-party blockchains.
Consensus mechanism
Cardano and Ripple use eco-friendly consensus mechanisms. Cardano leans on a popular Proof-of-Stake. Ripple is based on its unique consensus mechanism, The Ripple Protocol consensus algorithm (RPCA). Both protocols are criticized for limited decentralization. Nevertheless, both of them still work the way they should. We can't say anything bad about PoS and RPCA, nor can we prefer one over the other.
Products
The additional products of both ecosystems are barely aimed at an end-user and are instead targeted at researchers and entrepreneurs. It is not bad, however, adding some products would have benefited both Ripple and Cardano.
Use cases
Speaking of use cases, we should note that Ripple is a less inclusive platform. It was created mainly for private banking purposes, and it doesn't have that much to offer on top of serving as a payment operator. Cardano is a multi-functional project that can be used to build other diverse products. It makes Cardano more versatile than Ripple. Potentially, Cardano's use cases can cover a bigger population.
| कंपनी |
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Cryptogeek उपयोगकर्ता रेटिंग
| 7 उपयोगकर्ता समीक्षाएँ | 4 उपयोगकर्ता समीक्षाएँ |
Cryptogeek विशेषज्ञ रेटिंग
ट्रस्ट स्कोर
यह काम किस प्रकार करता हैके बारे में
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Cardano coin (ADA) 2017 में लॉन्च किया गया एक cryptocurrency है। मुद्रा Cardano नेटवर्क पर आधारित है। देव टीम के नेता चार्ल्स होकिंसन हैं, जो एक अनुभवी डेवलपर हैं जिन्होंने कार्डानो के लॉन्च से पहले एथेरियम और बिटशर्स के लिए काम किया था। कार्डानो शैक्षणिक रूप से सहकर्मी की समीक्षा करने वाले ओपन-सोर्स कोड का उपयोग करने वाला पहला क्रिप्टोकरेंसी है, जो इस परियोजना को काफी अनूठा बनाता है। कार्डानो की सर्वसम्मति एल्गोरिथ्म प्रूफ-ऑफ-स्टेक है। उच्च स्तर की सुरक्षा और त्वरित लेनदेन के लिए आमतौर पर कार्डानो की प्रशंसा की जाती है। कार्डानो मुद्रा तेजी से मूल्य प्राप्त की और बाजार पूंजीकरण द्वारा शीर्ष 10 क्रिप्टोकरेंसी में से एक बन गई।
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रिपल एक वैश्विक भुगतान प्रोटोकॉल है जिसका उद्देश्य अंतरराष्ट्रीय स्तर पर तेजी से लेनदेन और सस्ते भुगतान प्रदान करना है। नेटवर्क एक डिजिटल मुद्रा का उपयोग करता है जिसे एक्सआरपी के रूप में जाना जाता है (कभी-कभी इसे रिपल के रूप में संदर्भित किया जाता है)। अन्य क्रिप्टोकरेंसी के विपरीत, रिपल का उद्देश्य बैंकों को प्रतिस्थापित करना नहीं है, बल्कि ब्लॉकचेन समाधान के माध्यम से बैंकों के काम (विभिन्न बैंकों के बीच लेनदेन सहित) के काम को बेहतर बनाने के लिए यह परियोजना बनाई गई है।
|
प्रकार
| coin | coin |
संस्थापक तिथि
| 2017 | 2012 |
देश
| International | International |
बोली
| कोई आकड़ा उपलब्ध नहीं है | कोई आकड़ा उपलब्ध नहीं है |
टीम
| Public | Public |
मसविदा बनाना
| Public blockchain | Public blockchain |
वर्तमान मूल्य (USD)
| 0.4775 | 0.5290 |
सभी समय उच्च (USD)
| 1.3300 | 3.8400 |
मूल्य परिवर्तन (24 h)
| -5.30 | -2.82 |
मात्रा (24 ह)
| 18457426.73291 | 68946534.61851 |
घपलेबाज़ी का दर
| कोई आकड़ा उपलब्ध नहीं है | कोई आकड़ा उपलब्ध नहीं है |
अधिकतम आपूर्ति
| 45000000000.00000 | 99999999999.99999 |
कुल आपूर्ति
| कोई आकड़ा उपलब्ध नहीं है | कोई आकड़ा उपलब्ध नहीं है |
परिसंचारी आपूर्ति
| 45000000000.00000 | 99987674482.00000 |
लेनदेन की गति / ब्लॉक समय
| 50 | 1500 |
लेनदेन शुल्क
| कोई आकड़ा उपलब्ध नहीं है | कोई आकड़ा उपलब्ध नहीं है |
खनन लाभप्रदता
| कोई आकड़ा उपलब्ध नहीं है | कोई आकड़ा उपलब्ध नहीं है |
कलन विधि
| Ouroboros | कोई आकड़ा उपलब्ध नहीं है |
प्रमाण प्रकार
| PoS | कोई आकड़ा उपलब्ध नहीं है |
पूरी तरह से खनन
| कोई आकड़ा उपलब्ध नहीं है | कोई आकड़ा उपलब्ध नहीं है |
स्मार्ट अनुबंध का पता
| कोई आकड़ा उपलब्ध नहीं है | कोई आकड़ा उपलब्ध नहीं है |
कुल सिक्के खनन किए
| 25927070538.00000 | कोई आकड़ा उपलब्ध नहीं है |
कारोबार किया जा रहा है
| yes | कोई आकड़ा उपलब्ध नहीं है |
ब्लॉक इनाम
| 0.000000000000 | कोई आकड़ा उपलब्ध नहीं है |
ब्लॉक समय
| कोई आकड़ा उपलब्ध नहीं है | कोई आकड़ा उपलब्ध नहीं है |
| कंपनी | ||
|---|---|---|
| Cryptogeek उपयोगकर्ता रेटिंग | 7 उपयोगकर्ता समीक्षाएँ | 4 उपयोगकर्ता समीक्षाएँ |
| Cryptogeek विशेषज्ञ रेटिंग | ||
| ट्रस्ट स्कोर यह काम किस प्रकार करता है |
| के बारे में |
Cardano coin (ADA) 2017 में लॉन्च किया गया एक cryptocurrency है। मुद्रा Cardano नेटवर्क पर आधारित है। देव टीम के नेता चार्ल्स होकिंसन हैं, जो एक अनुभवी डेवलपर हैं जिन्होंने कार्डानो के लॉन्च से पहले एथेरियम और बिटशर्स के लिए काम किया था। कार्डानो शैक्षणिक रूप से सहकर्मी की समीक्षा करने वाले ओपन-सोर्स कोड का उपयोग करने वाला पहला क्रिप्टोकरेंसी है, जो इस परियोजना को काफी अनूठा बनाता है। कार्डानो की सर्वसम्मति एल्गोरिथ्म प्रूफ-ऑफ-स्टेक है। उच्च स्तर की सुरक्षा और त्वरित लेनदेन के लिए आमतौर पर कार्डानो की प्रशंसा की जाती है। कार्डानो मुद्रा तेजी से मूल्य प्राप्त की और बाजार पूंजीकरण द्वारा शीर्ष 10 क्रिप्टोकरेंसी में से एक बन गई।
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रिपल एक वैश्विक भुगतान प्रोटोकॉल है जिसका उद्देश्य अंतरराष्ट्रीय स्तर पर तेजी से लेनदेन और सस्ते भुगतान प्रदान करना है। नेटवर्क एक डिजिटल मुद्रा का उपयोग करता है जिसे एक्सआरपी के रूप में जाना जाता है (कभी-कभी इसे रिपल के रूप में संदर्भित किया जाता है)। अन्य क्रिप्टोकरेंसी के विपरीत, रिपल का उद्देश्य बैंकों को प्रतिस्थापित करना नहीं है, बल्कि ब्लॉकचेन समाधान के माध्यम से बैंकों के काम (विभिन्न बैंकों के बीच लेनदेन सहित) के काम को बेहतर बनाने के लिए यह परियोजना बनाई गई है।
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|---|---|---|
| प्रकार | प्रकार coin | प्रकार coin |
| संस्थापक तिथि | संस्थापक तिथि 2017 | संस्थापक तिथि 2012 |
| देश | देश International | देश International |
| बोली | बोली कोई आकड़ा उपलब्ध नहीं है | बोली कोई आकड़ा उपलब्ध नहीं है |
| टीम | टीम Public | टीम Public |
| मसविदा बनाना | मसविदा बनाना Public blockchain | मसविदा बनाना Public blockchain |
| वर्तमान मूल्य (USD) | वर्तमान मूल्य (USD) 0.4775 | वर्तमान मूल्य (USD) 0.5290 |
| सभी समय उच्च (USD) | सभी समय उच्च (USD) 1.3300 | सभी समय उच्च (USD) 3.8400 |
| मूल्य परिवर्तन (24 h) | मूल्य परिवर्तन (24 h) -5.30 | मूल्य परिवर्तन (24 h) -2.82 |
| मात्रा (24 ह) | मात्रा (24 ह) 18457426.73291 | मात्रा (24 ह) 68946534.61851 |
| घपलेबाज़ी का दर | घपलेबाज़ी का दर कोई आकड़ा उपलब्ध नहीं है | घपलेबाज़ी का दर कोई आकड़ा उपलब्ध नहीं है |
| अधिकतम आपूर्ति | अधिकतम आपूर्ति 45000000000.00000 | अधिकतम आपूर्ति 99999999999.99999 |
| कुल आपूर्ति | कुल आपूर्ति कोई आकड़ा उपलब्ध नहीं है | कुल आपूर्ति कोई आकड़ा उपलब्ध नहीं है |
| परिसंचारी आपूर्ति | परिसंचारी आपूर्ति 45000000000.00000 | परिसंचारी आपूर्ति 99987674482.00000 |
| लेनदेन की गति / ब्लॉक समय | लेनदेन की गति / ब्लॉक समय 50 | लेनदेन की गति / ब्लॉक समय 1500 |
| लेनदेन शुल्क | लेनदेन शुल्क कोई आकड़ा उपलब्ध नहीं है | लेनदेन शुल्क कोई आकड़ा उपलब्ध नहीं है |
| खनन लाभप्रदता | खनन लाभप्रदता high | खनन लाभप्रदता low |
| कलन विधि | कलन विधि Ouroboros | कलन विधि कोई आकड़ा उपलब्ध नहीं है |
| प्रमाण प्रकार | प्रमाण प्रकार PoS | प्रमाण प्रकार कोई आकड़ा उपलब्ध नहीं है |
| पूरी तरह से खनन | पूरी तरह से खनन कोई आकड़ा उपलब्ध नहीं है | पूरी तरह से खनन कोई आकड़ा उपलब्ध नहीं है |
| स्मार्ट अनुबंध का पता | स्मार्ट अनुबंध का पता कोई आकड़ा उपलब्ध नहीं है | स्मार्ट अनुबंध का पता कोई आकड़ा उपलब्ध नहीं है |
| कुल सिक्के खनन किए | कुल सिक्के खनन किए 25927070538.00000 | कुल सिक्के खनन किए कोई आकड़ा उपलब्ध नहीं है |
| कारोबार किया जा रहा है | कारोबार किया जा रहा है yes | कारोबार किया जा रहा है कोई आकड़ा उपलब्ध नहीं है |
| ब्लॉक इनाम | ब्लॉक इनाम 0.000000000000 | ब्लॉक इनाम कोई आकड़ा उपलब्ध नहीं है |
| ब्लॉक समय | ब्लॉक समय कोई आकड़ा उपलब्ध नहीं है | ब्लॉक समय कोई आकड़ा उपलब्ध नहीं है |
सामाजिक
वेबसाइट
| www.cardano.org | ripple.com |
ट्विटर
| Cardano | @Ripple |
| वेबसाइट | वेबसाइट www.cardano.org | वेबसाइट ripple.com |
|---|---|---|
| ट्विटर | ट्विटर Cardano | ट्विटर @Ripple |
लाभ
| Friendly Peer-reviewed technology Scalable | Affordable Solves problems and creates opportunities Moving into CBDCs |
नुकसान
| Competitors in the same space Still in development Multiple chains | Not decentralized Uses a pre-mining protocol |
रेटिंग
| Cryptogeek उपयोगकर्ता रेटिंग | Cryptogeek उपयोगकर्ता रेटिंग 7 उपयोगकर्ता समीक्षाएँ | Cryptogeek उपयोगकर्ता रेटिंग 4 उपयोगकर्ता समीक्षाएँ |
|---|---|---|
| Cryptogeek विशेषज्ञ रेटिंग | Cryptogeek विशेषज्ञ रेटिंग | Cryptogeek विशेषज्ञ रेटिंग |
| लाभ | लाभ Friendly Peer-reviewed technology Scalable | लाभ Affordable Solves problems and creates opportunities Moving into CBDCs |
| नुकसान | नुकसान Competitors in the same space Still in development Multiple chains | नुकसान Not decentralized Uses a pre-mining protocol |
Cardano (ADA) उपयोगकर्ता रेटिंग 4.3 है, जो 7 उपयोगकर्ता समीक्षाओं पर आधारित है। Ripple (XRP) उपयोगकर्ता रेटिंग 5.0 है, 4 उपयोगकर्ता समीक्षाओं के आधार पर।
We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.
| हम अपने ट्रस्टस्कोर रेटिंग के आधार पर विजेता चुनते हैं। कृपया याद रखें, यह अभी भी आप पर निर्भर है कि किस कंपनी को चुनना है! हम विश्वास स्कोर की गणना कैसे करते हैं? |
We can't say that buying ADA is better than buying XRP and vice versa. It depends on your goals. If you want a diversified portfolio, you can have both coins. If you choose crypto that performs better on the market in terms of price, you can see that ADA has had better stats lately. Of course, it doesn't necessarily mean it has a brighter future than XRP. Nevertheless, if you wish to have crypto with better ties with banks, then XRP can be a better pick than ADA.
This article will compare two coins with nearly the same market cap. They are among the top 10 cryptocurrencies while not being quite the same in terms of functionality. What makes them a bit similar is that both brands work with entities that initially were not associated with cryptocurrencies. Ripple works closely with banks, and Cardano works with all kinds of organizations and is already used by governments. Let's see the features of these coins and which is the better investment for you.
What Is Cardano?
Cardano is a blockchain-based ecosystem that can host and run decentralized apps (dApps) and smart contracts. In terms of functionality, it resembles Ethereum, but unlike the latter, Cardano was created with the potential for scalability and high operation speed in mind. Bitcoin and Ethereum are both relatively slow networks. It makes their adoption a more challenging task. Cardano is more suitable for everyday use.
The platform was launched in 2015. One of the key creators of Cardano is Charles Hoskinson, one of the Ethereum co-founders. Unlike Buterin, he was positive about making Ethereum a commercial project. That's why Hoskinson was omitted from the Ethereum team, and also, that's why Cardano was more inclusive in terms of sponsorships and partnerships.
The native token of the Cardano ecosystem is ADA. As of July 2022, the token's market cap exceeds $15 billion. Several governments use Cardano to handle data, while celebs and global brands use the apps built on Cardano. It's safe to say that Cardano is a successful project, and it continues its growth and development.
What Is Ripple?
Ripple is a payment protocol. It uses a cryptocurrency called XRP, which is often called Ripple, although that's not entirely correct. The platform was launched in 2012 in the US. Ripple was among the first significant cryptocurrency brands to cooperate with banks and financial institutions, which was unusual for the cryptocurrency industry at that period. Some criticized Ripple for relative centralization, while others praised the fast speed of the network and low fees.
In 2017 and 2018, Ripple was a scorching topic online. At some point, XRP's market cap was the second biggest after Bitcoin's. 2020 wasn't that bright for Ripple, and the coin went below its usual third position in the rating. Also, 2020 was the year when Ripple went under attack from the SEC and was delisted by Coinbase. As of July 2022, XRP holds the 7th position with a market cap exceeding $15 billion.
Cardano vs. Ripple (table)
| Factor | Cardano (ADA) | Ripple (XRP) |
| The price as of July 2022 | $0.45 | $0.31 |
| Market cap as of July 2022 | $15.2 billion | $15.3 billion |
| Rank as of July 2022 | #8 | #7 |
| All-time high | $3.09 (September 2, 2021) | $3.4 (January 7, 2018) |
| Decline (compared to all-time high) | 85.4% | 90.7% |
| All-time low | $0.019 (March 13, 2020) | $0.00268 (May 22, 2014) |
| Growth (compared to an all-time low) | 2,234.1% | 11,669% |
| Popular markets | Binance, Digifinex, Upbit, Coinbase, HitBTC | Binance, Upbit, Bitget, HitBTC, FMFW.io |
| Platform | Cardano | Ripple |
| Consensus mechanism | Proof-of-Stake | Ripple Protocol Consensus Algorithm (RPCA) |
| Products | IOHK, EMURGO | Ripple Academia, SBI Ripple Asia |
| Use cases | Smart contracts, dApps, data, financial operations | Financial operations |
Cardano vs. Ripple (details)
The price and the market cap
In terms of market cap, ADA and XRP are the closest rivals. As of July 2022, both cryptocurrencies have a market cap of around $15 billion and occupy the 7th and the 8th positions in the rating. The prices for both coins are in the same zone – between 30 and 50 cents per coin. In general, ADA tends to have a higher price than XRP. The latter never reached a 90 cents mark in the latest 180 days, while ADA crossed the $1 line several times in the same period of time.
One may suggest that XRP's best days are gone. The coin reached its all-time high back in 2018. ADA had its highest price in September of 2021. Both ATHs were about the same – between $3 and $3.5. In general, it seems that ADA performs better than XRP as of now. Not that we are claiming that XRP has no future, but Cardano's coin price trajectory appears to be more promising.
Popular markets
It is not hard to guess that as the market leaders, both coins are heavily presented on crypto exchanges. What is less obvious is that because of legal issues with Ripple, XRP was dropped by the largest US exchange Coinbase. In this sense, Cardano (ADA) has a more solid presence on the market. It's worth saying, though, that a single huge exchange delisting XRP is not a tragedy for the future of this coin. Even in the US, XRP is available on many top exchanges, including Kraken and many others.
Platform
Both ecosystems are based on their custom platforms. It makes them independent and robust compared to rivals building their platforms on top of third-party blockchains.
Consensus mechanism
Cardano and Ripple use eco-friendly consensus mechanisms. Cardano leans on a popular Proof-of-Stake. Ripple is based on its unique consensus mechanism, The Ripple Protocol consensus algorithm (RPCA). Both protocols are criticized for limited decentralization. Nevertheless, both of them still work the way they should. We can't say anything bad about PoS and RPCA, nor can we prefer one over the other.
Products
The additional products of both ecosystems are barely aimed at an end-user and are instead targeted at researchers and entrepreneurs. It is not bad, however, adding some products would have benefited both Ripple and Cardano.
Use cases
Speaking of use cases, we should note that Ripple is a less inclusive platform. It was created mainly for private banking purposes, and it doesn't have that much to offer on top of serving as a payment operator. Cardano is a multi-functional project that can be used to build other diverse products. It makes Cardano more versatile than Ripple. Potentially, Cardano's use cases can cover a bigger population.
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