Optimism vs. Solana
In this article we'll compare Optimism and Solana. This is an indepth review that considers many metrics.
Overview
| Optimism | Solana | |
|---|---|---|
| Created by | Jinglan Wang, Benjamin Jones, Karl Floersch, and Kevin Ho | Anatoly Yakovenko |
| Native token | OP | SOL |
| Consensus algorithm | PoS | PoH |
| Hashing algorithm | KECCAK-256 | SHA-256 |
| Supports EVM | Yes | No |
| TPS | 4000 | 65000 |
| Block time (secs) | 2 | 0.4 |
| Layer | 2 | 1 |
| Supports smart contracts | Yes | Yes |
| Average transaction fee | $0.141 | $0.00025 |
| Staking rewards (APR) | 0% | 7% |
Table of Contents
Comparison
Is Optimism faster than Solana?
No, Optimism processes 4000 transactions per second and Solana processes 65000.
Is Optimism cheaper than Solana?
No, Optimism has an average transaction fee of $0.141, whereas Solana costs $0.00025.