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
Comparing Metrics
| Solana | Optimism | |
|---|---|---|
| Created by | Anatoly Yakovenko | Jinglan Wang, Benjamin Jones, Karl Floersch, and Kevin Ho |
| Native token | SOL | OP |
| Consensus algorithm | PoH | PoS |
| Hashing algorithm | SHA-256 | KECCAK-256 |
| Supports EVM | No | Yes |
| TPS | 65000 | 4000 |
| Block time (secs) | 0.4 | 2 |
| Layer | 1 | 2 |
| Supports smart contracts | Yes | Yes |
| 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.