Cryptocurrency Q&A Is XRP and ETH the same?

Is XRP and ETH the same?

Isabella Isabella Fri Feb 07 2025 | 5 answers 805
I'm wondering if XRP and ETH are the same. I've heard about these two cryptocurrencies but I'm not sure if they are one and the same, or if they have some differences between them. Is XRP and ETH the same?

5 answers

Giulia Giulia Sun Feb 09 2025
ETH represents an inflationary cryptocurrency that does not possess a predefined maximum supply.

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Alessandra Alessandra Sat Feb 08 2025
This token serves as the gas fees on the Ethereum network, facilitating transactions and smart contract executions.

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KatanaSwordsmanship KatanaSwordsmanship Sat Feb 08 2025
In contrast, XRP is a deflationary cryptocurrency with a maximum supply capped at 100 billion units.

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BitcoinBaroness BitcoinBaroness Sat Feb 08 2025
XRP is frequently utilized for cross-border payments, leveraging its speed and low transaction costs.

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TaegeukChampionCourage TaegeukChampionCourage Sat Feb 08 2025
Ethereum reached its all-time high (ATH) of $4,878.26 in November 2021, showcasing its significant market appreciation.

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