Arbitrum vs. Solana

In this article we'll compare Arbitrum and Solana. This is an indepth review that considers many metrics.

Overview

ArbitrumSolana
Created byGermans GedgaudsAnatoly Yakovenko
Native tokenETHSOL
Consensus algorithmPoSPoH
Hashing algorithmKECCAK-256SHA-256
Supports EVMYesNo
TPS400065000
Block time (secs)130.4
Layer21
Supports smart contractsYesYes
Average transaction fee$0.101$0.00025
Staking rewards (APR)0%7%

Table of Contents

  1. Is Arbitrum faster than Solana?
  2. Is Arbitrum cheaper than Solana?

Comparison

Is Arbitrum faster than Solana?

No, Arbitrum processes 4000 transactions per second and Solana processes 65000.

Is Arbitrum cheaper than Solana?

No, Arbitrum has an average transaction fee of $0.101, whereas Solana costs $0.00025.