XRP and Ethereum are two prominent blockchain networks that have been upgrading their infrastructure in recent times. A closer look at their development plans reveals significant differences in their approaches.
Ethereum's upcoming upgrades aim to scale its throughput, improve usability, and enhance security features. This will enable the network to handle a large number of transactions efficiently, which is essential for its widespread adoption. On the other hand, XRP's focus is on developing features that appeal specifically to financial institutions, such as decentralized asset markets and privacy-preserving capital transfers.
While XRP has positioned itself as a leader in tokenized assets, it lacks the same level of value capture mechanisms as Ethereum. Unlike Ethereum, XRP does not automatically capture a large share of the value of the assets or activity on its chain. This means that it relies heavily on new adoption to drive up its price.