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
Comparing Metrics
| Solana | BNB Chain | |
|---|---|---|
| Created by | Anatoly Yakovenko | Changpeng Zhao |
| Native token | SOL | BNB |
| Consensus algorithm | PoH | PoS |
| Hashing algorithm | SHA-256 | KECCAK-256 |
| Supports EVM | No | Yes |
| TPS | 65000 | 2200 |
| Block time (secs) | 0.4 | 3 |
| Layer | 1 | 1 |
| Supports smart contracts | Yes | Yes |
| 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.