|Created by||Gavin Wood, Robert Habermeier and Peter Czaban||Anatoly Yakovenko|
|Block time (secs)||6||0.4|
|Supports smart contracts||Yes||Yes|
|Average transaction fee||$0.08792||$0.00025|
|Staking rewards (APR)||14.5%||7%|
Table of Contents
Is Polkadot faster than Solana?
No, Polkadot processes 1000 transactions per second and Solana processes 65000.
Is Polkadot cheaper than Solana?
No, Polkadot has an average transaction fee of $0.08792, whereas Solana costs $0.00025.