Solana vs Optimism

Solana and Optimism 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 YakovenkoJinglan Wang, Benjamin Jones, Karl Floersch, and Kevin Ho
Native tokenSOLOP
Consensus algorithmPoHPoS
Hashing algorithmSHA-256KECCAK-256
Supports EVMNoYes
Block time (secs)0.42
Supports smart contractsYesYes
Average transaction fee$0.00025$0.141
Staking rewards (APR)7%%

High-level Comparisons

Is Solana faster than Optimism?

Yes, Solana can process 65000 transactions per second. Optimism only processes up to 4000.

Is Solana cheaper than Optimism?

Yes, Solana has an average transaction fee of $0.00025, whereas Optimism costs $0.141.