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

  1. Metrics
  2. Comparison

Comparing Metrics

BNB ChainSolana
Created byChangpeng ZhaoAnatoly Yakovenko
Native tokenBNBSOL
Consensus algorithmPoSPoH
Hashing algorithmKECCAK-256SHA-256
Supports EVMYesNo
TPS220065000
Block time (secs)30.4
Layer11
Supports smart contractsYesYes
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.