XRP / USD
0.0079 KWh per transaction for XRP VS 707 KWh for Bitcoin
Bitcoin is too polluting. It is understood for Elon Musk and Tesla. The manufacturer is therefore exploring other cryptocurrencies with better energy efficiency. It could be Dogecoin, with which Musk has a privileged relationship.
However, another blockchain shows much better performance than others on this issue: Ripple and XRP. Investors are not unaware of it. The token gained 20% in the 2 days following the statements by the CEO of Tesla.
This is no small achievement in a plunging crypto market, driven by the fall in the value of Bitcoin. XRP gains have since been wiped out. However, the token resists better than the main cryptocurrencies.
Over 7 days, the price of XRP fell 2.47% and 5.28% over 24 hours to $ 1.45. XRP has indeed objective advantages to seduce Tesla. As TRG Datacenters notes, XRP consumes the least energy per transaction.
This consumption is evaluated at 0.0079 KWh per transaction. For comparison, this figure reaches 707 KWh for Bitcoin. Dogecoin, whose developers are benefiting from Musk's advice, also stands out at 0.12 KWh. Cardano also has a playing card with 0.5479 per transaction.
Nonetheless, it was XRP that took first place. However, the cryptocurrency and its issuer suffer from a serious handicap. The future of the token hangs in the balance of justice following the SEC complaint.
XRP's green advantage undermined by its lawsuit
The case is proceeding in court. A standoff is currently taking place between the regulator and Ripple. At the heart of this new different: the participation or not of XRP investors. They are 17,000 to claim to intervene in the trial as a third party.
Bitcoin is too polluting. It is understood for Elon Musk and Tesla. The manufacturer is therefore exploring other cryptocurrencies with better energy efficiency. It could be Dogecoin, with which Musk has a privileged relationship.
However, another blockchain shows much better performance than others on this issue: Ripple and XRP. Investors are not unaware of it. The token gained 20% in the 2 days following the statements by the CEO of Tesla.
This is no small achievement in a plunging crypto market, driven by the fall in the value of Bitcoin. XRP gains have since been wiped out. However, the token resists better than the main cryptocurrencies.
Over 7 days, the price of XRP fell 2.47% and 5.28% over 24 hours to $ 1.45. XRP has indeed objective advantages to seduce Tesla. As TRG Datacenters notes, XRP consumes the least energy per transaction.
This consumption is evaluated at 0.0079 KWh per transaction. For comparison, this figure reaches 707 KWh for Bitcoin. Dogecoin, whose developers are benefiting from Musk's advice, also stands out at 0.12 KWh. Cardano also has a playing card with 0.5479 per transaction.
Nonetheless, it was XRP that took first place. However, the cryptocurrency and its issuer suffer from a serious handicap. The future of the token hangs in the balance of justice following the SEC complaint.
XRP's green advantage undermined by its lawsuit
The case is proceeding in court. A standoff is currently taking place between the regulator and Ripple. At the heart of this new different: the participation or not of XRP investors. They are 17,000 to claim to intervene in the trial as a third party.
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