Avalanche blockchain is a decentralized platform for public and private ledgers that combines performance and security. Avalanche is a platform that allows for multiple different blockchain systems to be layered on top of each other in order to create an infinitely scalable, cryptographically secure, tamper-proof ledger that can be used for any number of industries. The Avalanche network will be resistant to attacks from quantum computers, which are predicted to be capable of breaking the asymmetric encryption used today.

Avalanche

Solana is a blockchain technology that is being developed by scientists and technologists at the National Renewable Energy Laboratory. The Solana blockchain is designed to facilitate transactions of high volumes of data in a fast and secure way. This could have implications in many industries, including finance, information technology, health care and the internet of things (IOT).

	Avalanche	Solana
Created by	Emin Gün Sirer, Kevin Sekniqi, and Ted Yin	Anatoly Yakovenko
Native token	AVAX	SOL
Consensus algorithm	PoS	PoH
Hashing algorithm	KECCAK-256	SHA-256
Supports EVM	Yes	No
TPS	4500	65000
Block time (secs)	2	0.4
Layer	0	1
Supports smart contracts	Yes	Yes
Average transaction fee	$0.12	$0.00025
Staking rewards (APR)	8.96%	7%

Avalanche vs. Solana

Overview

Table of Contents

Comparison

Is Avalanche faster than Solana?

Is Avalanche cheaper than Solana?