Compare Algorand vs NEAR

Algorand TPS is 1.02X higher than NEAR TPS

8.64 tx/s

8.44 tx/s

Algorand max TPS is 1.38X higher than NEAR max TPS

5,716 tx/s

4,135 tx/s

Algorand max theoretical TPS is 99.06% lower than NEAR max theoretical TPS

9,384 tx/s

1,000,000 tx/s

Algorand transaction volume is 1.02X higher than NEAR transaction volume

31.1K txns

30.4K txns

Algorand block time is 4.61X longer than NEAR block time

2.74s

594ms

Algorand finality is 100% shorter than NEAR finality

0s

1.2s

Algorand and NEAR are both layer 1 blockchains

Layer 1 blockchain

Layer 1 blockchain

Algorand has 35.49% fewer total transactions than NEAR

3.48B txns

5.39B txns

Algorand was launched 11 months before NEAR

Jun 12, 2019

Apr 22, 2020

Algorand Nakamoto Coefficient is 1.33X higher than NEAR Nakamoto Coefficient

12

9

Algorand has 3.66X more validators than NEAR

1,536

420

Algorand stake is 85.37% lower than NEAR stake

$166.1M

$1.135B

Algorand is Pure Proof of Stake, while NEAR is PoS

Pure Proof of Stake

Proof of Stake (PoS)

Algorand on-chain governance is better than NEAR council governance

On-chain

Council

Algorand has 55.61% fewer developers than NEAR

542

1,221

Algorand has 44.69% fewer commits than NEAR

43,479

78,613

Algorand has 19.91% fewer repos than NEAR

185

231

Algorand has 49.13% fewer stars than NEAR

5,101

10,029

Algorand has 40.49% fewer watchers than NEAR

726

1,220

Algorand chain revenue is 93.96% lower than NEAR chain revenue

$82.93

$1.373K

Algorand average transaction fee is 94.63% lower than NEAR average transaction fee

$0.0001094

$0.002041

Algorand market cap is 70.36% lower than NEAR market cap

$743.8M

$2.509B

Algorand FDV is 66.95% lower than NEAR FDV

$829.3M

$2.509B

Algorand Market Cap to FDV ratio is 10.3% lower than NEAR Market Cap to FDV ratio

89.69%

100.00%

Algorand price is 95.69% lower than NEAR price

$0.08293

$1.929