Cardano is a blockchain platform that, in some ways, aims to improve on the design of the original blockchain. Cardano is an open source project that features a smart contract system as well as a new proof-of-stake algorithm. What makes Cardano unique from other blockchain platforms is their philosophy of engineering decisions toward a "philosophy of simplicity". The goal of this philosophy is to eventually reduce the total number of ways to interact with the chain to three: (1) stake, (2) spend and (3) vote.

Cardano

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).

	Cardano	Solana
Created by	Charles Hoskinson	Anatoly Yakovenko
Native token	ADA	SOL
Consensus algorithm	PoS	PoH
Hashing algorithm	EdDSA	SHA-256
Supports EVM	No	No
TPS	250	65000
Block time (secs)	20	0.4
Layer	1	1
Supports smart contracts	Yes	Yes
Average transaction fee	$0.18	$0.00025
Staking rewards (APR)	5%	7%

Cardano vs. Solana

Overview

Table of Contents

Comparison

Is Cardano faster than Solana?

Is Cardano cheaper than Solana?