Cardano (ADA) vs Ripple (XRP) Comparison | Which One Is the Better Investment?

企業を比較

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.

  1. What Is Cardano?
  2. What Is Ripple?
  3. Cardano vs. Ripple (table)
  4. Cardano vs. Ripple (details)

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.

 

 

企業

Cryptogeekユーザー評価

4.3 / 5 7 ユーザーレビュー 5.0 / 5 4 ユーザーレビュー

Cryptogeekエキスパート評価

3.8 / 5 5.0 / 5

トラストスコア

しくみ
4.39 / 5 4.7 / 5

概要

カルダノコイン(ADA)は、2017年に発売された暗号通貨です。通貨はカルダノネットワークに基づいています。開発チームのリーダーは、カルダノの発売前にイーサリアムとビットシェアーズで働いた経験豊富な開発者であるチャールズホスキンソンです。カルダノは、学術的に査読されたオープンソースコードを使用する最初の暗号通貨であり、このプロジェクトは非常にユニークです。 CardanoのコンセンサスアルゴリズムはProof-of-Stakeです。カルダノは通常、その高いレベルのセキュリティと迅速な取引で高く評価されています。カルダノ通貨はすぐに価値を獲得し、時価総額で暗号通貨のトップ10に入りました。
リップルは、国際的に高速なトランザクションと安価な支払いを提供することを目的としたグローバルな支払いプロトコルです。ネットワークでは、XRP(リップルと呼ばれることもあります)と呼ばれるデジタル通貨を使用しています。他の暗号通貨とは異なり、リップルは銀行を置き換えることを目的としていません。このプロジェクトは、ブロックチェーンソリューションを介して銀行(異なる銀行間のトランザクションを含む)の作業を改善するために作成されます。

タイプ

coin coin

創業日

2017 2012

International International

言語

データなし データなし

チーム

Public Public

プロトコル

Public blockchain Public blockchain

現在価格(USD)

0.6489 0.6143

過去最高値(USD)

1.3300 3.8400

価格変更(24時間)

-2.73 -3.09

ボリューム(24時間)

44377218.89408 77751111.27466

ハッシュレート

データなし データなし

最大供給量

45000000000.00000 99999999999.99999

総供給

データなし データなし

循環供給量

45000000000.00000 99987762348.00000

トランザクションスピード / ブロックタイム

50 1500

トランザクション手数料

データなし データなし

マイニングの収益性

データなし データなし

アルゴリズム

Ouroboros データなし

証明タイプ

PoS データなし

完全に掘り下げ

データなし データなし

スマート契約アドレス

データなし データなし

採掘されたコインの合計

25927070538.00000 データなし

取引されています

yes データなし

ブロック報酬

0.000000000000 データなし

ブロックタイム

データなし データなし
企業
Cryptogeekユーザー評価 Cryptogeekユーザー評価 4.3 / 5 7 ユーザーレビュー Cryptogeekユーザー評価 5.0 / 5 4 ユーザーレビュー
Cryptogeekエキスパート評価 Cryptogeekエキスパート評価 3.8 / 5 Cryptogeekエキスパート評価 5.0 / 5
トラストスコア しくみ トラストスコア 4.39 / 5 トラストスコア 4.7 / 5
概要
カルダノコイン(ADA)は、2017年に発売された暗号通貨です。通貨はカルダノネットワークに基づいています。開発チームのリーダーは、カルダノの発売前にイーサリアムとビットシェアーズで働いた経験豊富な開発者であるチャールズホスキンソンです。カルダノは、学術的に査読されたオープンソースコードを使用する最初の暗号通貨であり、このプロジェクトは非常にユニークです。 CardanoのコンセンサスアルゴリズムはProof-of-Stakeです。カルダノは通常、その高いレベルのセキュリティと迅速な取引で高く評価されています。カルダノ通貨はすぐに価値を獲得し、時価総額で暗号通貨のトップ10に入りました。
リップルは、国際的に高速なトランザクションと安価な支払いを提供することを目的としたグローバルな支払いプロトコルです。ネットワークでは、XRP(リップルと呼ばれることもあります)と呼ばれるデジタル通貨を使用しています。他の暗号通貨とは異なり、リップルは銀行を置き換えることを目的としていません。このプロジェクトは、ブロックチェーンソリューションを介して銀行(異なる銀行間のトランザクションを含む)の作業を改善するために作成されます。
タイプ タイプ coin タイプ coin
創業日 創業日 2017 創業日 2012
International International
言語 言語 データなし 言語 データなし
チーム チーム Public チーム Public
プロトコル プロトコル Public blockchain プロトコル Public blockchain
現在価格(USD) 現在価格(USD) 0.6489 現在価格(USD) 0.6143
過去最高値(USD) 過去最高値(USD) 1.3300 過去最高値(USD) 3.8400
価格変更(24時間) 価格変更(24時間) -2.73 価格変更(24時間) -3.09
ボリューム(24時間) ボリューム(24時間) 44377218.89408 ボリューム(24時間) 77751111.27466
ハッシュレート ハッシュレート データなし ハッシュレート データなし
最大供給量 最大供給量 45000000000.00000 最大供給量 99999999999.99999
総供給 総供給 データなし 総供給 データなし
循環供給量 循環供給量 45000000000.00000 循環供給量 99987762348.00000
トランザクションスピード / ブロックタイム トランザクションスピード / ブロックタイム 50 トランザクションスピード / ブロックタイム 1500
トランザクション手数料 トランザクション手数料 データなし トランザクション手数料 データなし
マイニングの収益性 マイニングの収益性 high マイニングの収益性 low
アルゴリズム アルゴリズム Ouroboros アルゴリズム データなし
証明タイプ 証明タイプ PoS 証明タイプ データなし
完全に掘り下げ 完全に掘り下げ データなし 完全に掘り下げ データなし
スマート契約アドレス スマート契約アドレス データなし スマート契約アドレス データなし
採掘されたコインの合計 採掘されたコインの合計 25927070538.00000 採掘されたコインの合計 データなし
取引されています 取引されています yes 取引されています データなし
ブロック報酬 ブロック報酬 0.000000000000 ブロック報酬 データなし
ブロックタイム ブロックタイム データなし ブロックタイム データなし

ソーシャル

ウェブサイト

www.cardano.org ripple.com

Twitter

Cardano @Ripple
ウェブサイト ウェブサイト www.cardano.org ウェブサイト ripple.com
Twitter Twitter Cardano Twitter @Ripple

メリット

Friendly Peer-reviewed technology Scalable Affordable Solves problems and creates opportunities Moving into CBDCs

デメリット

Competitors in the same space Still in development Multiple chains Not decentralized Uses a pre-mining protocol

評価

Cryptogeekユーザー評価 Cryptogeekユーザー評価 4.3 / 5 7 ユーザーレビュー Cryptogeekユーザー評価 5.0 / 5 4 ユーザーレビュー
Cryptogeekエキスパート評価 Cryptogeekエキスパート評価 3.8 / 5 Cryptogeekエキスパート評価 5.0 / 5
メリット メリット Friendly Peer-reviewed technology Scalable メリット Affordable Solves problems and creates opportunities Moving into CBDCs
デメリット デメリット Competitors in the same space Still in development Multiple chains デメリット Not decentralized Uses a pre-mining protocol

Cardano (ADA) のユーザー評価は、 7 のユーザーレビューに基づいて 4.3 です。 ユーザー評価 Ripple (XRP) に基づく 4 のユーザー評価は 5.0 です。

We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.

TrustScoreの評価をもとに勝者を選びます。 どの企業を選ぶのか最終的な選択は自己責任です。 トラストスコアはどのように計算されるのか?
トラストスコア: 4.39 / 5 レビューを書く
トラストスコア: 4.7 / 5 レビューを書く
他の企業を選択

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.

  1. What Is Cardano?
  2. What Is Ripple?
  3. Cardano vs. Ripple (table)
  4. Cardano vs. Ripple (details)

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.