Solana vs Monero

Solana and Monero 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 YakovenkoRiccardo Spagni
Native tokenSOLXMR
Consensus algorithmPoHPoW
Hashing algorithmSHA-256randomx
Supports EVMNoNo
Block time (secs)0.4120
Supports smart contractsYesNo
Average transaction fee$0.00025$0.001
Staking rewards (APR)7%%

High-level Comparisons

Is Solana faster than Monero?

Yes, Solana can process 65000 transactions per second. Monero only processes up to 1700.

Is Solana cheaper than Monero?

Yes, Solana has an average transaction fee of $0.00025, whereas Monero costs $0.001.