Optimism vs Solana
Optimism 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
| Optimism | Solana | |
|---|---|---|
| Created by | Jinglan Wang, Benjamin Jones, Karl Floersch, and Kevin Ho | Anatoly Yakovenko |
| Native token | OP | SOL |
| Consensus algorithm | PoS | PoH |
| Hashing algorithm | KECCAK-256 | SHA-256 |
| Supports EVM | Yes | No |
| TPS | 4000 | 65000 |
| Block time (secs) | 2 | 0.4 |
| Layer | 2 | 1 |
| Supports smart contracts | Yes | Yes |
| Average transaction fee | $0.141 | $0.00025 |
| Staking rewards (APR) | 0% | 7% |
High-level Comparisons
Is Optimism faster than Solana?
No, Optimism only processes 4000 transactions per second. Solana processes up to 65000.
Is Optimism cheaper than Solana?
No, Optimism has an average transaction fee of $0.141, whereas Solana costs $0.00025.