Solana vs. Stellar
In this article we'll compare Solana and Stellar. This is an indepth review that considers many metrics.
Overview
| Solana | Stellar | |
|---|---|---|
| Created by | Anatoly Yakovenko | Jed McCaleb |
| Native token | SOL | XLM |
| Consensus algorithm | PoH | PoS |
| Hashing algorithm | SHA-256 | SCP |
| Supports EVM | No | No |
| TPS | 65000 | 200 |
| Block time (secs) | 0.4 | 5 |
| Layer | 1 | 1 |
| Supports smart contracts | Yes | Yes |
| Average transaction fee | $0.00025 | $8.5e-9 |
| Staking rewards (APR) | 7% | 1% |
Table of Contents
Comparison
Is Solana faster than Stellar?
Yes, Solana processes 65000 transactions per second, whereas Stellar only processes 200.
Is Solana cheaper than Stellar?
Yes, Solana has an average transaction fee of $0.00025, whereas Stellar costs $8.5e-9.