Polygon vs Solana

Polygon 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 byJaynti Kanani, Sandeep Nailwa, Anurag Arjun, and Mihailo BjelicAnatoly Yakovenko
Native tokenMATICSOL
Consensus algorithmPoSPoH
Hashing algorithmKECCAK-256SHA-256
Supports EVMYesNo
Block time (secs)20.4
Supports smart contractsYesYes
Average transaction fee$0.018$0.00025
Staking rewards (APR)4.78%7%

High-level Comparisons

Is Polygon faster than Solana?

No, Polygon only processes 7000 transactions per second. Solana processes up to 65000.

Is Polygon cheaper than Solana?

No, Polygon has an average transaction fee of $0.018, whereas Solana costs $0.00025.