Arbitrum vs. Solana
In this article we'll compare Arbitrum and Solana. This is an indepth review that considers many metrics.
Overview
Arbitrum | Solana | |
---|---|---|
Created by | Germans Gedgauds | Anatoly Yakovenko |
Native token | ETH | SOL |
Consensus algorithm | PoS | PoH |
Hashing algorithm | KECCAK-256 | SHA-256 |
Supports EVM | Yes | No |
TPS | 4000 | 65000 |
Block time (secs) | 13 | 0.4 |
Layer | 2 | 1 |
Supports smart contracts | Yes | Yes |
Average transaction fee | $0.101 | $0.00025 |
Staking rewards (APR) | 0% | 7% |
Table of Contents
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.