Solana vs Stellar
Solana and Stellar 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 | Stellar | |
|---|---|---|
| Created by | Anatoly Yakovenko | Jed McCaleb |
| Native token | SOL | XLM |
| Consensus algorithm | PoH | PoS |
| Hashing algorithm | SHA-256 | SCP |
| Supports EVM | No | No |
| TPS | 65000 | 200 |
| Block time (secs) | 0.4 | 5 |
| Layer | 1 | 1 |
| Supports smart contracts | Yes | Yes |
| Average transaction fee | $0.00025 | $8.5e-9 |
| Staking rewards (APR) | 7% | 1% |
High-level Comparisons
Is Solana faster than Stellar?
Yes, Solana can process 65000 transactions per second. Stellar only processes up to 200.
Is Solana cheaper than Stellar?
Yes, Solana has an average transaction fee of $0.00025, whereas Stellar costs $8.5e-9.