Compare Algorand vs Hedera

Algorand TPS is 1.35X higher than Hedera TPS

7.1 tx/s

5.26 tx/s

Algorand max TPS is 1.73X higher than Hedera max TPS

5,716 tx/s

3,302 tx/s

Algorand max theoretical TPS is 6.16% lower than Hedera max theoretical TPS

9,384 tx/s

10,000 tx/s

Algorand transaction volume is 1.35X higher than Hedera transaction volume

25.5K txns

18.9K txns

Algorand block time is 1.13X longer than Hedera block time

2.75s

2.42s

Algorand finality is the same as Hedera finality

0s

0s

Algorand has 95.06% fewer total transactions than Hedera

3.51B txns

71.3B txns

Algorand was launched 3 months before Hedera

Jun 12, 2019

Sep 16, 2019

Algorand Nakamoto Coefficient is 1.86X higher than Hedera Nakamoto Coefficient

13

7

Algorand has 54X more validators than Hedera

1,555

29

Algorand stake is 77.28% lower than Hedera stake

$193.6M

$852.1M

Algorand is Pure Proof of Stake, while Hedera is PoS

Pure Proof of Stake

Proof of Stake (PoS)

Algorand on-chain governance is better than Hedera council governance

On-chain

Council

Algorand has 59.69% fewer developers than Hedera

547

1,357

Algorand has 46.39% fewer commits than Hedera

44,647

83,294

Algorand has 1.52X more repos than Hedera

190

125

Algorand has 1.07X more stars than Hedera

5,148

4,808

Algorand has 39.73% fewer watchers than Hedera

728

1,208

Algorand on-chain revenue is 71.66% lower than Hedera on-chain revenue

$102.7

$362.6

Algorand average transaction fee is 89.71% lower than Hedera average transaction fee

$0.0001292

$0.001256

Algorand market cap is 75% lower than Hedera market cap

$822.3M

$3.29B

Algorand FDV is 75.76% lower than Hedera FDV

$909.6M

$3.753B

Algorand Market Cap to FDV ratio is 1.03X higher than Hedera Market Cap to FDV ratio

90.40%

87.66%

Algorand price is 1.21X higher than Hedera price

$0.09096

$0.07505