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

  1. Metrics
  2. Comparison

Comparing Metrics

Created byAnatoly YakovenkoCharles Hoskinson
Native tokenSOLADA
Consensus algorithmPoHPoS
Hashing algorithmSHA-256EdDSA
Supports EVMNoNo
Block time (secs)0.420
Supports smart contractsYesYes
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.