Monero vs Solana

Monero 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

Created byRiccardo SpagniAnatoly Yakovenko
Native tokenXMRSOL
Consensus algorithmPoWPoH
Hashing algorithmrandomxSHA-256
Supports EVMNoNo
Block time (secs)1200.4
Supports smart contractsNoYes
Average transaction fee$0.001$0.00025
Staking rewards (APR)0%7%

High-level Comparisons

Is Monero faster than Solana?

No, Monero only processes 1700 transactions per second. Solana processes up to 65000.

Is Monero cheaper than Solana?

No, Monero has an average transaction fee of $0.001, whereas Solana costs $0.00025.