Solana vs BNB Chain

Solana and BNB Chain 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

SolanaBNB Chain
Created byAnatoly YakovenkoChangpeng Zhao
Native tokenSOLBNB
Consensus algorithmPoHPoS
Hashing algorithmSHA-256KECCAK-256
Supports EVMNoYes
Block time (secs)0.43
Supports smart contractsYesYes
Average transaction fee$0.00025$0.35
Staking rewards (APR)7%%

High-level Comparisons

Is Solana faster than BNB Chain?

Yes, Solana can process 65000 transactions per second. BNB Chain only processes up to 2200.

Is Solana cheaper than BNB Chain?

Yes, Solana has an average transaction fee of $0.00025, whereas BNB Chain costs $0.35.