Compare Algorand vs NEAR

Algorand TPS is 11.3% lower than NEAR TPS

4.54 tx/s

5.12 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 11.37% lower than NEAR transaction volume

16.3K txns

18.4K txns

Algorand block time is 4.65X longer than NEAR block time

2.76s

0.59s

Algorand finality is 100% shorter than NEAR finality

0s

0.6s

Algorand and NEAR are both layer 1 blockchains

Layer 1 blockchain

Layer 1 blockchain

Algorand has 35.87% fewer total transactions than NEAR

3.42B txns

5.33B txns

Algorand was launched 11 months before NEAR

Jun 12, 2019

Apr 22, 2020

Algorand Nakamoto Coefficient is 1.44X higher than NEAR Nakamoto Coefficient

13

9

Algorand has 3.61X more validators than NEAR

1,594

442

Algorand stake is 70.93% lower than NEAR stake

$234M

$805.2M

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 55.39% fewer developers than NEAR

537

1,204

Algorand has 46.05% fewer commits than NEAR

42,046

77,942

Algorand has 22.17% fewer repos than NEAR

179

230

Algorand has 49.3% fewer stars than NEAR

5,052

9,966

Algorand has 36.86% fewer watchers than NEAR

865

1,370

Algorand chain revenue is 80.67% lower than NEAR chain revenue

$137.1

$709.6

Algorand average transaction fee is 84.64% lower than NEAR average transaction fee

$0.0001718

$0.001119

Algorand market cap is 42.5% lower than NEAR market cap

$991.9M

$1.725B

Algorand FDV is 35.44% lower than NEAR FDV

$1.114B

$1.725B

Algorand Market Cap to FDV ratio is 10.93% lower than NEAR Market Cap to FDV ratio

89.07%

100.00%

Algorand price is 91.64% lower than NEAR price

$0.1114

$1.333