Solana vs Polygon

Solana and Polygon 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 YakovenkoJaynti Kanani, Sandeep Nailwa, Anurag Arjun, and Mihailo Bjelic
Native tokenSOLMATIC
Consensus algorithmPoHPoS
Hashing algorithmSHA-256KECCAK-256
Supports EVMNoYes
Block time (secs)0.42
Supports smart contractsYesYes
Average transaction fee$0.00025$0.018
Staking rewards (APR)7%4.78%

High-level Comparisons

Is Solana faster than Polygon?

Yes, Solana can process 65000 transactions per second. Polygon only processes up to 7000.

Is Solana cheaper than Polygon?

Yes, Solana has an average transaction fee of $0.00025, whereas Polygon costs $0.018.