Compare Algorand vs Hedera

Algorand TPS is 1.68X higher than Hedera TPS

9.65 tx/s

5.76 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 1.68X higher than Hedera transaction volume

34.7K txns

20.7K txns

Algorand block time is 1.24X longer than Hedera block time

2.75s

2.21s

Algorand finality is the same as Hedera finality

0s

0s

Algorand has 95.03% fewer total transactions than Hedera

3.54B txns

71.3B txns

Algorand was launched 3 months before Hedera

Jun 12, 2019

Sep 16, 2019

Algorand Nakamoto Coefficient is 1.75X higher than Hedera Nakamoto Coefficient

14

8

Algorand has 53X more validators than Hedera

1,588

30

Algorand stake is 78.6% lower than Hedera stake

$233M

$1.09B

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 60.42% fewer developers than Hedera

549

1,387

Algorand has 46.32% fewer commits than Hedera

45,577

84,904

Algorand has 1.55X more repos than Hedera

194

125

Algorand has 1.07X more stars than Hedera

5,157

4,839

Algorand has 39.93% fewer watchers than Hedera

728

1,212

Algorand on-chain revenue is 61.61% lower than Hedera on-chain revenue

$166

$431

Algorand average transaction fee is 70.67% lower than Hedera average transaction fee

$0.00017

$0.000578

Algorand market cap is 72.25% lower than Hedera market cap

$1.02B

$3.67B

Algorand FDV is 73.07% lower than Hedera FDV

$1.12B

$4.17B

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

90.74%

88.05%

Algorand price is 1.35X higher than Hedera price

$0.1122

$0.08334