Bitcoin vs. Solana

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

Overview

BitcoinSolana
Created bySatoshi NakamotoAnatoly Yakovenko
Native tokenBTCSOL
Consensus algorithmPoWPoH
Hashing algorithmSHA-256SHA-256
Supports EVMNoNo
TPS565000
Block time (secs)6000.4
Layer11
Supports smart contractsNoYes
Average transaction fee$5.0973$0.00025
Staking rewards (APR)0%7%

Table of Contents

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

Comparison

Is Bitcoin faster than Solana?

No, Bitcoin processes 5 transactions per second and Solana processes 65000.

Is Bitcoin cheaper than Solana?

No, Bitcoin has an average transaction fee of $5.0973, whereas Solana costs $0.00025.