Ethereum Classic vs Solana

Ethereum Classic 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

Ethereum ClassicSolana
Created byVitalik ButerinAnatoly Yakovenko
Native tokenETCSOL
Consensus algorithmPoWPoH
Hashing algorithmKECCAK-256SHA-256
Supports EVMYesNo
Block time (secs)130.4
Supports smart contractsYesYes
Average transaction fee$0.0001$0.00025
Staking rewards (APR)0%7%

High-level Comparisons

Is Ethereum Classic faster than Solana?

No, Ethereum Classic only processes 15 transactions per second. Solana processes up to 65000.

Is Ethereum Classic cheaper than Solana?

No, Ethereum Classic has an average transaction fee of $0.0001, whereas Solana costs $0.00025.