Solana vs Arbitrum

Solana and Arbitrum 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 byAnatoly YakovenkoGermans Gedgauds
Native tokenSOLETH
Consensus algorithmPoHPoS
Hashing algorithmSHA-256KECCAK-256
Supports EVMNoYes
Block time (secs)0.413
Supports smart contractsYesYes
Average transaction fee$0.00025$0.101
Staking rewards (APR)7%%

High-level Comparisons

Is Solana faster than Arbitrum?

Yes, Solana can process 65000 transactions per second. Arbitrum only processes up to 4000.

Is Solana cheaper than Arbitrum?

Yes, Solana has an average transaction fee of $0.00025, whereas Arbitrum costs $0.101.