Solana vs Bitcoin

Solana and Bitcoin 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 YakovenkoSatoshi Nakamoto
Native tokenSOLBTC
Consensus algorithmPoHPoW
Hashing algorithmSHA-256SHA-256
Supports EVMNoNo
Block time (secs)0.4600
Supports smart contractsYesNo
Average transaction fee$0.00025$5.0973
Staking rewards (APR)7%0%

High-level Comparisons

Is Solana faster than Bitcoin?

Yes, Solana can process 65000 transactions per second. Bitcoin only processes up to 5.

Is Solana cheaper than Bitcoin?

Yes, Solana has an average transaction fee of $0.00025, whereas Bitcoin costs $5.0973.