BNB Chain vs Solana
BNB Chain 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
| BNB Chain | Solana | |
|---|---|---|
| Created by | Changpeng Zhao | Anatoly Yakovenko |
| Native token | BNB | SOL |
| Consensus algorithm | PoS | PoH |
| Hashing algorithm | KECCAK-256 | SHA-256 |
| Supports EVM | Yes | No |
| TPS | 2200 | 65000 |
| Block time (secs) | 3 | 0.4 |
| Layer | 1 | 1 |
| Supports smart contracts | Yes | Yes |
| Average transaction fee | $0.35 | $0.00025 |
| Staking rewards (APR) | 0% | 7% |
High-level Comparisons
Is BNB Chain faster than Solana?
No, BNB Chain only processes 2200 transactions per second. Solana processes up to 65000.
Is BNB Chain cheaper than Solana?
No, BNB Chain has an average transaction fee of $0.35, whereas Solana costs $0.00025.