Solana vs Ethereum Classic

Solana and Ethereum Classic 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

SolanaEthereum Classic
Created byAnatoly YakovenkoVitalik Buterin
Native tokenSOLETC
Consensus algorithmPoHPoW
Hashing algorithmSHA-256KECCAK-256
Supports EVMNoYes
Block time (secs)0.413
Supports smart contractsYesYes
Average transaction fee$0.00025$0.0001
Staking rewards (APR)7%%

High-level Comparisons

Is Solana faster than Ethereum Classic?

Yes, Solana can process 65000 transactions per second. Ethereum Classic only processes up to 15.

Is Solana cheaper than Ethereum Classic?

Yes, Solana has an average transaction fee of $0.00025, whereas Ethereum Classic costs $0.0001.