Avalanche vs Solana
Avalanche and Solana are two popular blockchains. In this article we'll compare them across a variety of metrics. Both blockchains have their own strengths and weaknesses, and we'll explore them below.
Table of Contents
Comparing Metrics
| Avalanche | Solana | |
|---|---|---|
| Created by | Emin Gün Sirer, Kevin Sekniqi, and Ted Yin | Anatoly Yakovenko |
| Native token | AVAX | SOL |
| Consensus algorithm | PoS | PoH |
| Hashing algorithm | KECCAK-256 | SHA-256 |
| Supports EVM | Yes | No |
| TPS | 4500 | 65000 |
| Block time (secs) | 2 | 0.4 |
| Layer | 0 | 1 |
| Supports smart contracts | Yes | Yes |
| Average transaction fee | $0.12 | $0.00025 |
| Staking rewards (APR) | 8.96% | 7% |
High-level Comparisons
Is Avalanche faster than Solana?
No, Avalanche only processes 4500 transactions per second. Solana processes up to 65000.
Is Avalanche cheaper than Solana?
No, Avalanche has an average transaction fee of $0.12, whereas Solana costs $0.00025.