Dogecoin vs Solana
Dogecoin 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
| Dogecoin | Solana | |
|---|---|---|
| Created by | Billy Markus and Jackson Palmer | Anatoly Yakovenko |
| Native token | DOGE | SOL |
| Consensus algorithm | PoW | PoH |
| Hashing algorithm | SHA-256 | SHA-256 |
| Supports EVM | No | No |
| TPS | 30 | 65000 |
| Block time (secs) | 60 | 0.4 |
| Layer | 1 | 1 |
| Supports smart contracts | No | Yes |
| Average transaction fee | $0.22 | $0.00025 |
| Staking rewards (APR) | 0% | 7% |
High-level Comparisons
Is Dogecoin faster than Solana?
No, Dogecoin only processes 30 transactions per second. Solana processes up to 65000.
Is Dogecoin cheaper than Solana?
No, Dogecoin has an average transaction fee of $0.22, whereas Solana costs $0.00025.