Compare Algorand vs Hedera

Algorand TPS is 1.8X higher than Hedera TPS

7.48 tx/s

4.15 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 1.8X higher than Hedera transaction volume

26.9K txns

14.9K txns

Algorand block time is 1.27X longer than Hedera block time

2.76s

2.18s

Algorand finality is the same as Hedera finality

Instant

Instant

Algorand has 95.01% fewer total transactions than Hedera

3.56B 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 52X more validators than Hedera

1,554

30

Algorand stake is 79.04% lower than Hedera stake

$156M

$746M

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 60.88% fewer developers than Hedera

550

1,406

Algorand has 53.62% fewer commits than Hedera

47,150

101,667

Algorand has 1.52X more repos than Hedera

195

128

Algorand has 1.06X more stars than Hedera

5,163

4,850

Algorand has 40.26% fewer watchers than Hedera

727

1,217

Algorand on-chain revenue is 73.61% lower than Hedera on-chain revenue

$121

$459

Algorand average transaction fee is 80.46% lower than Hedera average transaction fee

$0.000132

$0.000676

Algorand market cap is 71.87% lower than Hedera market cap

$717M

$2.55B

Algorand FDV is 72.53% lower than Hedera FDV

$789M

$2.87B

Algorand Market Cap to FDV ratio is 1.02X higher than Hedera Market Cap to FDV ratio

90.80%

88.65%

Algorand price is 1.37X higher than Hedera price

$0.07893

$0.05746