The post Why XRP Could Outpace Ethereum and Solana in the DeFi appeared on BitcoinEthereumNews.com.

XRP has what it takes to compete against Ethereum and Solana in the DeFi sector. With its design for speed and trust by banks, it stands out as a protocol to watch. Ripple Labs’ backed XRP could outperform Ethereum (ETH) and Solana (SOL) in the Decentralized Finance (DeFi) sector. In a series of X posts, a famous XRP community member, All Things XRP, explained why the XRP Ledger (XRPL) remains a DeFi powerhouse. Can XRP Win the DeFi Race Against Ethereum and Solana? It is important to note that Ethereum and Solana have consistently ranked as the top blockchains for DeFi. Other protocols rely only upon Ethereum and Solana for their DeFi needs. However, All Things XRP claims XRP could win the DeFi race against Ethereum and Solana due to their inherent challenges. The XRP community figure highlighted that the Ethereum gas fee is high, approximately between $20 and $70 per transaction. According to him, this high transaction cost has resulted in users moving away from the network. Solana, on the other hand, although cheaper and faster, is burdened with network outages and fears of centralization over the years. However, All Things XRP perceives XRPL as the new DeFi force. He highlighted some of XRPL’s features, which make it a close rival to Ethereum and Solana. According to him, the XRPL is built for speed and is trusted by banks. Compared to Etherem, XRPL settles transactions between 3 and 5 seconds with negligible fees. He added that, unlike traditional smart contracts, the XRPL Hooks will offer lightweight programmable transactions. With the introduction of Hooks, decentralized lending, yield farming, and automated payments will become fast and cheap. Image Source: All Things XRP on X Some benefits of Hooks include security, efficiency, and simplicity. All Things XRP thinks these attributes make XRPL…

---

Filed under: News - @ May 12, 2025 10:24 pm