Solana vs Avalanche

Solana and Avalanche 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 YakovenkoEmin Gün Sirer, Kevin Sekniqi, and Ted Yin
Native tokenSOLAVAX
Consensus algorithmPoHPoS
Hashing algorithmSHA-256KECCAK-256
Supports EVMNoYes
Block time (secs)0.42
Supports smart contractsYesYes
Average transaction fee$0.00025$0.12
Staking rewards (APR)7%8.96%

High-level Comparisons

Is Solana faster than Avalanche?

Yes, Solana can process 65000 transactions per second. Avalanche only processes up to 4500.

Is Solana cheaper than Avalanche?

Yes, Solana has an average transaction fee of $0.00025, whereas Avalanche costs $0.12.