Solana vs Cardano
Solana and Cardano 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 | Cardano | |
|---|---|---|
| Created by | Anatoly Yakovenko | Charles Hoskinson |
| Native token | SOL | ADA |
| Consensus algorithm | PoH | PoS |
| Hashing algorithm | SHA-256 | EdDSA |
| Supports EVM | No | No |
| TPS | 65000 | 250 |
| Block time (secs) | 0.4 | 20 |
| Layer | 1 | 1 |
| Supports smart contracts | Yes | Yes |
| Average transaction fee | $0.00025 | $0.18 |
| Staking rewards (APR) | 7% | 5% |
High-level Comparisons
Is Solana faster than Cardano?
Yes, Solana can process 65000 transactions per second. Cardano only processes up to 250.
Is Solana cheaper than Cardano?
Yes, Solana has an average transaction fee of $0.00025, whereas Cardano costs $0.18.